Interact Circuit
Circuit
The first native thesis-driven DEX on @ZircuitL2, providing the greatest liquidity efficiency.
🚀 The Circuit team just nailed the WalletConnect Hackathon at ETHGlobal, bagging the Early Adopter Badge! 🏅
#Circuit DEX on @ZircuitL2
- 🔸Claim Sepolia ETH Faucet: https://alchemy.com/faucets/ethereum-sepolia
- 🔸Bridge To Zircuit Testnet
- 🔸Complete Swap to USDC & add Liquidity
- 🔸Do all Steps Multiple Times
✔️Galxe Circuit collect 130 Points
1) Introducing Circuit:
Circuit is an original thesis-driven DEX natively built on @ZircuitL2. Users can swap any token in the Zircuit ecosystem, or provide liquidity and earn rewards. 0 permission needed. Let’s dive in 🧵
2) Why Zircuit?
As a ZK rollup with AI-enabled security at the sequencer level, we believe Zircuit, as a more secure L2, can make users feel more confident when using Dapps on the rollup. It can also accommodate larger TVL, and greater TVL means a greater need for swaps.
3) Current TVL
Currently, Zircuit has more than $3.6B in TVL, which means the demand for trading will be enormous after the Mainnet launch. As a Zircuit-native swap, Circuit will launch on the Zircuit Testnet, and we will be live on day one of Mainnet.
4) Trading Models
Users can trade with several different models on Circuit. Different pool models can help assets on Zircuit achieve the greatest capital efficiency. From the XYK model (available in the Testnet version) to features in later versions, like concentrated liquidity and more...
5) Unique Swap Model
As more than 90% of assets staked on Zircuit are ETH-backed LST/LRTs, we have a unique swap model designed specifically for them, ensuring the best liquidity efficiency.
6) Summary
Long story short, why Circuit?
- Testnet Circuit will be available in a week
- All smart contracts will be audited before Mainnet launch
- Best rate and liquidity efficiency for LST/LRTs
- Earn points while trading (after Mainnet launch)
Zircuit
@ZircuitL2 Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level. Backed by @PanteraCapital and @BinanceLabs
This article is for informational purposes only. CCFO Daily has no strategic relationship with the project, and there is no business. So please deposit or invest at your own risk, and always remember DYOR before depositing or investing! your funds.
"We or this website make no claim to any of the sources, rewards, photos, or content used in the Circuit. The article is only for informational purposes.."Learn more
.gif "If you don’t have an CoinEx account yet, you can sign up here!")
Hack-Proof Your Crypto Journey
Posts
