Zircuit, a zk rollup with parallel circuits and AI-enabled security at the sequencer level,Today it announced that its staking program has exceeded $500 million in TVL.Currently in the testnet stage, Zircuit is expected to reach mainnet TVL on day one, surpassing major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos and zkSync.

Next week, Zircuit will integrate Ethena, adding it to the list of protocols supported by Zircuit staking. Users who stake USDe on Zircuit will earn Zircuit points and 7x shards (Ethena points). Ethena is a crypto-native solution, a yield-generating synthetic dollar that is fully collateralized and freely composable on-chain.Other protocols planned include Renzo, Kelp, Etherfi, Lido, Swell, Eigenpie and Liquid Collective.

Points programs have become an emerging trend in the crypto space, providing a new way to incentivize users who contribute to the protocol. Zircuit Staking is an innovative program that allows users to deposit ETH, Liquidity Staking Tokens (LSTs), and Liquidity Re-staking Tokens (LRTs) to earn Zircuit Points. Through the staking program, users can earn additional Zircuit Points on top of any staking earnings or points already earned. Users who choose to migrate their assets to the upcoming Zircuit mainnet will receive the most rewards. Users can withdraw money at any time and keep the points and profits they earn because ETH is not locked like Blast or Mantle.

After a year and a half of L2 research, the Zircuit team created an L2 with a built-in AI-enabled sequencer to protect users by monitoring the mempool for malicious transactions. In contrast to security efforts that typically focus on application and smart contract levels, Zircuit provides Sequencer Level Security (SLS). This means that every transaction on Zircuit will go through low-level security checks, providing a more secure chain for projects and end users. Zircuit is also fully compatible with EVM, providing greater efficiency and providing users with cheaper and faster transactions.

Zircuit is currently in the testnet stage and is expected to launch the mainnet later in 2024, supported by Pantera Capital, Dragonfly Capital and Maelstrom.

To participate in Zircuit staking, please visit:https://stake.zircuit.com/

About Zircuit

Zircuit is a zk rollup with parallel circuitry and AI-enabled security at the sequencer level. Built by a team of Web3 security veterans with PhDs in computer science, algorithms, and cryptography, Zircuits unique architecture combines performance and security features.