With the launch of EIGEN Fairdrop, Zircuit hopes to provide an equitable and inclusive Ethereum staking rewards system

  • Grand Cayman’s George Town The EIGEN Fairdrop effort, which aims to increase the accessibility and fairness of Ethereum staking rewards, was unveiled today by Zircuit, the chain where innovation and security collide.
  • With this project, Zircuit hopes to support a vision for a safe, decentralized future while also acknowledging the contributions of all EigenLayer members, regardless of stake size.

As a first for the industry, the Zircuit Fairdrop aims to distribute rewards in a more equitable manner by giving all qualifying EIGEN holders equal shares. Zircuit aims to contribute to a wider discussion on fairness in the Ethereum community by eschewing conventional approaches that frequently benefit larger stakeholders.

EigenLayer is crucial to the development of Ethereum’s restaking capabilities, which assist expand the network’s security into new domains such as web3 and decentralized banking. With the goal of fostering a community that strengthens Ethereum’s security model, The Fairdrop values and rewards these contributions. Zircuit intends to expand on EigenLayer’s contributions by strengthening the Ethereum ecosystem’s security and resilience with this project.

By confirming their eligibility on Zircuit’s Fairdrop page, over 190,000 qualified participants are welcome to claim their incentives.

All wallets holding at least three EIGEN tokens at the moment of the snapshot of Ethereum Block #20919999 taken by Zircuit on October 8, 2024, were eligible for this historic airdrop.

Through its integrated, automated AI approaches, Zircuit protects consumers from dangerous actors and smart contract attacks. Supported by its robust security framework, Zircuit is the primary location for restaked assets with unmatched security and native yields that lead the industry. For restaked assets (ETH, BTC, LSTs, and LRTs), Zircuit is the leading liquidity hub where customers may benefit from increased security assurances and confidence.

To get incentives and airdrops from the Zircuit ecosystem, users can bridge their assets and start staking during Mainnet at the Liquidity Hub.

To view the Zircuit developer documentation, visit zircuit.com or docs.zircuit.com.

Zircuit is a universally accessible platform that combines innovation and security. Zircuit gives users peace of mind while providing developers with robust features. High performance and unparalleled security are combined in Zircuit, which was created by a group of web3 security experts and PhDs. Discover the most secure chain for staking and DeFi.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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