Zircuit Celebrates Success of ZRC EigenLayer Fairdrop

Zircuit, the innovative blockchain platform known for combining security with cutting-edge features, is excited to announce the resounding success of its EIGEN Fairdrop initiative. As part of this landmark event, Zircuit distributed 2% of its ZRC tokens to eligible EIGEN holders, setting a new standard for fairness and inclusivity in the Ethereum staking ecosystem.

The EIGEN Fairdrop is a first-of-its-kind event in the blockchain space, offering an equal share of tokens to over 190,000 EIGEN holders. This distribution model, which breaks away from traditional approaches that often prioritize larger stakeholders, has been widely praised for its community-first, decentralized focus. Within just one week, more than 51,000 users claimed their ZRC tokens, highlighting the widespread support for this innovative approach.

In addition to EIGEN stakers, the Fairdrop also benefited a diverse range of contributors to the EigenLayer ecosystem, including Uniswap liquidity providers, EtherFi eEIGEN holders, and Renzo ezEIGEN holders.

This broad inclusivity reinforces Zircuit’s commitment to recognizing and rewarding all participants in the ecosystem.

Sreeram Kannan, Founder of EigenLayer, commended Zircuit's approach, stating:

"It's incredibly exciting to see Zircuit launch the first-ever Fairdrop for EIGEN holders, distributing 2% of their ZRC tokens to the community. This community-first initiative perfectly aligns with the principles of fairness and decentralization in the EigenLayer ecosystem, where every participant is treated equally."

The snapshot for the Fairdrop was taken on October 8, 2024, at Ethereum Block #20919999, and eligible wallets had to hold a minimum of 3 EIGEN tokens. To ensure a fair and community-focused distribution, core EigenLayer team members and investors were excluded from the snapshot.

Zircuit’s innovative security features, powered by advanced AI, ensure that users are protected from potential hacks, smart contract exploits, and malicious actors. With over $1.8 billion in Total Value Locked (TVL), Zircuit has become a leading hub for restaked assets, including ETH, BTC, and LSTs, offering users strong security guarantees and high-yield opportunities.

During the upcoming Mainnet phase, users will be able to bridge their assets to Zircuit and start staking to earn rewards and potential airdrops from the Zircuit ecosystem at the Liquidity Hub.

For more information, visit Zircuit.com or check out the developer docs at docs.zircuit.com.

About Zircuit

Zircuit is a leading blockchain platform that combines cutting-edge performance with advanced security features. Built by a team of Web3 security experts and PhD professionals, Zircuit is designed to offer the safest and most reliable DeFi and staking experience, making it the go-to platform for users seeking both high security and high rewards.