Zircuit ($ZRC)

General Characteristics

Zircuit, a promising entrant in the decentralized finance (DeFi) space, is built as a zk-rollup on Ethereum. It leverages zero-knowledge proofs for scalability, security, and cost efficiency. Officially launched in November 2023, its mainnet went live with a guarded launch, offering compatibility with Ethereum-based applications.

The project combines Optimism Bedrock's architecture with zero-knowledge proof systems, creating a hybrid framework for enhanced security and reduced fees. Zircuit's native token, ZRC, is designed to drive the ecosystem through staking, governance, and liquidity provisions.

Key Features:

Built as an Ethereum-compatible zk-rollup.
Launched with a comprehensive roadmap and multiple testnet phases.
Focus on scalability, low transaction fees, and fast transactions.
Native DeFi products like staking and yield farming.
Community-driven governance model for decentralization.

Community

Zircuit boasts a vibrant and growing community across various platforms, demonstrating its widespread appeal and active user base.

Community Statistics:

Twitter: 37.4K followers.
Telegram Bot: Almost 50K monthly users.
Discord: Nearly 155K members.

Roadmap

Zircuit's roadmap is ambitious, covering various milestones from research to decentralization:

Major Phases:

R&D Phase: Authored 12 research papers and secured multiple Ethereum Foundation grants.
Private Testnet: Achieved a functioning internal rollup combining Optimism Bedrock with zk-proofs.
Public Testnet: Launched at Devconnect in November 2023, enabling easy dApp deployments.
Mainnet Launch: Went live in late 2023, with multiple projects ready on day one.
Future Plans: Focus on decentralization, advanced security, and enhanced scalability.

Functionality and Utility

Zircuit integrates advanced blockchain technology with a robust utility for its native token, ZRC:

Key Functionalities:

Staking: Earn passive income and participate in network governance.
Liquidity Provision: Contribute to liquidity pools and earn rewards.
Governance: Token holders vote on protocol upgrades and development.
zk-Rollup Advantages: Fast and cheap transactions, Ethereum dApp compatibility.

Market Performance

As of the latest data:

Price: $0.06749 (-13.51% over the last day).
Market Cap: $100.66M.
Trading Volume (24h): $94.82M (54.84% increase).
Circulating Supply: 1.49B ZRC.
Max Supply: 10B ZRC.

Pros

Scalable and secure zk-rollup architecture.
Strong community and decentralized governance.
High compatibility with Ethereum dApps.
Active trading across multiple exchanges.

Official Links

Where to Buy / When Presale Starts

ZRC is available on the following exchanges:

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