Zircuit, a blockchain security company, has announced the success of its EIGEN Fairdrop initiative, which involved the distribution of 2% of ZRC tokens to eligible EIGEN holders. This marks the first time an industry-first distribution of this kind has been done, providing equal shares to over 190,000 eligible EIGEN holders.
The initiative garnered widespread appreciation across the crypto space, and the Fairdrop includes a wide range of contributors to the EigenLayer ecosystem. Zircuit protects users from hacks through its built-in, automated AI techniques that guard against smart contract exploits and malicious actors.
The company is the central hub for restaked assets, featuring unparalleled security and allowing users to potentially earn industry-leading yields natively. With $1.8 billion in Total Value Locked (TVL), Zircuit is the premier liquidity hub for restaked assets (ETH, BTC, LSTs, and LRTs) where users can receive stronger security guarantees and trust.