Zircuit

Zircuit Airdrop

Team: Zircuit Labs
Category
Layer 2
Status
Archived
Difficulty
Unlock
Locked at claimclaimable from Aug 2024 but non transferable until the Nov TGE
Funding
TBA
Rating
N/A
Tasks4
No ratings yet

Event Timeline

Zircuit Staking season 1 opens

Early 2024

Completed

Season 1 snapshot

Jul 8, 2024

Completed

Mainnet phase 1, claim opens, tokens frozen

Aug 2024

Completed

TGE, tokens become transferable

Nov 25, 2024

Completed

Exchange listings

Nov 2024

Completed

About Zircuit

Zircuit is an Ethereum Layer 2 built on a zero knowledge rollup with an unusual addition, sequencer level screening designed to catch malicious transactions before they are included in a block rather than after funds have already moved. That pitch drew a large staking pool well before the chain had a token.

Points came from Zircuit Staking. Depositing ETH, liquid staking tokens or restaking tokens accrued Zircuit Points, and season 1 ran until the snapshot on 8 July 2024. The allocation was 700 million ZRC, 7% of a 10 billion supply, spread across 262,200 eligible addresses.

What makes this entry worth reading is the gap in the middle. The claim opened in August 2024 alongside mainnet phase 1, but the tokens that landed were non transferable. Recipients could see and claim their allocation and do nothing else with it. Transferability arrived only at the TGE on 25 November 2024, nearly four months later, and that is when the listings went live.

Airdrop Stats

700M ZRC Distributed
7% Of Total Supply
262,200 Eligible Wallets
10B ZRC Total Supply

How it worked to get the Zircuit airdrop

Step 1

Stake into Zircuit

Zircuit Staking accepted ETH along with a broad list of liquid staking and restaking tokens. Deposits accrued Zircuit Points, weighted by size and by how long the position stayed in.

Step 2

Farm through to the snapshot

Season 1 closed with a snapshot on 8 July 2024. Points earned to that point determined the allocation, and 262,200 addresses cleared the bar.

Step 3

Claim in August, then wait

The claim opened with mainnet phase 1 in August 2024. The tokens arrived non transferable, so they could not be sold, moved or used until the protocol unlocked them.

Step 4

Wait for the November TGE

ZRC became transferable at the TGE on 25 November 2024. Listings on Bybit, Bitget, BingX and MEXC followed, which was the first point anyone could act on the allocation.

Was the Zircuit airdrop worth it?

  • Claiming did not mean owning something you could use. The August claim delivered non transferable ZRC. For nearly four months recipients held a balance they could not sell, hedge or move, with no say in when that changed.
  • The freeze cut both ways. It stopped the usual claim and dump that wrecks a launch price, but it also transferred all the timing risk onto recipients, who were exposed to the market for months without an exit.
  • 21% to airdrops is a serious commitment. Season 1 was 7%, with the rest reserved for later seasons, so the total community share is high by 2024 standards.
  • It rewarded deposits, not usage. Points came from staking capital rather than transacting, so the chain had a large TVL and comparatively little activity when the token arrived.
  • 262,200 wallets is a wide distribution. Splitting 700 million ZRC that broadly kept individual allocations small.

Zircuit Official Links

Official channels, documentation and community for this airdrop:

This airdrop has concluded. It is kept for research rather than participation.

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