Zircuit Announces the Success of its EIGEN Fairdrop Initiative

Zircuit, the blockchain where cutting-edge innovation converges with robust security, is excited to share the successful launch of its EIGEN Fairdrop initiative. Zircuit has launched a groundbreaking initiative by distributing 2% of ZRC tokens to eligible EIGEN holders, setting a new standard for fairness and inclusivity within the Ethereum staking landscape. This move highlights a strong dedication to decentralization and the empowerment of the community.

The EIGEN Fairdrop, a groundbreaking initiative, allocated equal shares to more than 190,000 eligible EIGEN holders, breaking away from conventional distribution models that typically benefit larger stakeholders. In the initial week alone, more than 51,000 users seized their ZRC, showcasing a fair and community-driven strategy that has received significant acclaim throughout the digital asset ecosystem.

The Fairdrop encompasses a diverse array of participants within the EigenLayer ecosystem, reaching beyond just EIGEN stakers to also include Uniswap liquidity providers, EtherFi eEIGEN holders, and Renzo ezEIGEN holders.

The Fairdrop marks a significant milestone in the industry, aligning perfectly with Zircuit’s vision for a more inclusive Ethereum ecosystem. It bolsters the EigenLayer network by acknowledging the contributions of all participants. The snapshot for the initiative, recorded on October 8, 2024, at Ethereum Block #20919999, encompassed wallets holding at least 3 EIGEN tokens. Notably, it excluded core EigenLayer team members and investors, ensuring a community-centric approach.

Zircuit employs advanced automated AI techniques to shield users from hacks, effectively safeguarding against smart contract exploits and malicious actors in the ever-evolving digital landscape. With a robust security framework in place, Zircuit stands as the premier destination for restaked assets, offering unmatched protection while enabling users to tap into potentially top-tier yields directly. Zircuit stands out as the leading liquidity hub with an impressive $1.8 billion in Total Value Locked (TVL). It specializes in restaked assets like ETH, BTC, LSTs, and LRTs, offering users enhanced security guarantees and a high level of trust.

As Mainnet launches, users have the opportunity to bridge their assets and initiate staking, positioning themselves to potentially reap rewards and airdrops from the Zircuit ecosystem at the Liquidity Hub.

For those looking to dive deeper into Zircuit, check out zircuit.com or explore the developer documentation at docs.zircuit.com.