🔥 Binance Labs invests in Layer 2 Zircuit

Zircuit is Layer 2 Ethereum using zkRollup technology, built using Optimism's OP Stack toolkit.

The project has a TVL of more than 3.3 billion USD while it has not yet launched Mainnet (Expected in July) thanks to the strategy of encouraging the community to deposit trend-catching assets such as LST, LRT, USDe to accumulate points and receive airdrops.

In addition to #Binance Labs, the project previously called for capital from names such as Pantera, Dragonfly Capital, and Mealstrom, but the details of the amount were not disclosed.