Congratulations to #Zircuit for the launch of its mainnet token $ZRC! 🎉
We introduced the project details in an earlier article, featuring the "original OP Stack + ZK hybrid architecture L2" + "AI + SLS technology" + "investments from Binance + Pantera Capital", creating a unique $ZRC!
In today's environment where ETH L2 tends to homogenization, everyone can generate L2 with a modular approach, such as OP Stack or Arbitrum Orbit, which has led to a multitude of L2 projects competing, severe liquidity fragmentation, and criticisms such as the ETH main chain being drained. Among them, OP Rollups have a 7-day challenge period to ensure security, while ZK-Rollups do not require a challenge period but are costly. These have brought various troubles!
Zircuit has not only achieved innovation in the ZK-Rollup technology track, avoiding homogenization issues, but also enhances the collaboration of the Ethereum mainnet, aiding the long-term healthy development of the Ethereum ecosystem. This technological innovation brings new possibilities for Layer2, indicating that the solution paths for Ethereum's scalability are still full of potential.
🎯 Zircuit's strong data performance:
• TVL exceeds $2 billion
• 1600+ developers building together
• 340,000+ wallet count
• 70+ ecosystem partners
• Fairdrop event covering over 200,000 users + 20 CEX
📝 Zircuit Token Economics
Token Name: $ZRC
Total Supply of $ZRC: 10 billion
• 21.00% airdrop and community rewards
• 13.08% community supply
• 17.93% ecosystem development
• 18.70% foundation
• 18.74% team
• 10.55% investors
$ZRC is currently listed on: Bybit, Bitget, BingX, Mexc, Gate, Kucoin, HTX, etc.
🔎 Summary: With its original ETH L2 architecture and excellent performance, combined with endorsements from top capital, since its launch on exchanges, the token price has remained stable, currently with an FDV of only $650 million, which is considered moderate compared to other L2s that often have FDVs in the billions upon launch. The future focus should be on its ecosystem development, which is worth long-term attention.