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Zircuit becomes the largest protocol in Decentralized Finance yield farming! TVL reaches 2.3 billion yuan, double that of Swell
"Zircuit" is an EVM-compatible ZK Rollup L2 that attempts to introduce a more secure mechanism, Sequencer Level Security (SLS), into the architecture of the sequencer, addressing common pain points in L2, and ensuring transaction security with artificial intelligence. After the release of the ZRC Token, Zircuit has attracted a large number of users who stake on its platform. Zircuit has also ranked first in the "Farming" category of the decentralized finance data website, Decentralized Finance Llama, with a TVL (Total Value Locked) of 2.3 billion USD, far surpassing the second-place Swell. Currently, the ZRC Market Cap is approximately 180 million USD, ranked 380 in terms of Market Cap.
Zircuit Multiple stake rewards take effect! Leveraged rewards causing a frenzy
Zircuit boasts the ability to maximize the rewards of stakeLiquidity: Staking APR + Restaking APR + Zircuit Points + Project Airdrops
The potential rewards you can receive include: stake + restake, as well as ZRC Airdrop Zircuit points, as well as Airdrop rewards from collaborating with different projects. There are also bonus rewards based on different stake assets.
Zircuit is based on the natural yield of stake and restake, coupled with the gameplay of the original Decentralized Finance yield farm, which will help to change the loophole of the past Decentralized Finance yield bubble.
This article Zircuit becomes the largest protocol of Decentralized Finance yield farm! TVL reaches 2.3 billion yuan, twice as high as Swell. First appeared on Chain News ABMedia.