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Author Topic: Zircuit Restaking Platform  (Read 97 times)
cryptoaddictchie (OP)
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February 23, 2024, 08:19:49 PM
 #1

Im sure everyone is aware of Eigenlayer. This platform just launch just now maybe less than 24hrs and open a deposit and restake for such LRT tokens like swell, lido and many more.

I think this is the best opportunity to earn points plus they got a lot to offer like:

-staking APR
-restaking APR
-Eigenlayer points
- LRT points
-zircuit points

I am indeed depositing on this to take advantage of the points earned.

Well you can do your own reseaech they are back by Pantera Capitals.

Just search on Twitter Zircuit.

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February 23, 2024, 10:53:45 PM
 #2

I checked defillama.com and it's not yet listed among the DeFi Dapps. Of course I'm aware of EigenLayer and currently stake with Swell and EtherFi that does native restaking. If Zircuit is open now, that means it's also native restaking. I don't have anymore ETH to stake so I'll let this one slide. However, if Zircuit is on an L2 that is gas efficient, I might give it a try. The gas cost on Mainnet these days ia just too high. I have been waiting for 3 days just for gas to come to 18-25 gwei so I can participate in Ethena Labs that went live earlier this week.

 
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February 24, 2024, 01:35:46 AM
 #3

so many staking point meta these days i lost track, these are all good because they are backed by binance labs and we all know well that they definitely gonna turning out to be success since first listing the price gonna jump but im starting to run out of ethereum to stake and now its zircuit.
I wonder whether there will be correlation between the Tvl locked and the probability of getting huge rewards becasue since many whales also restaking through eigenlayer it will be good to invest some into project that aren't backed by binance since we know where the money centralized its always binance backed project these days.
will definitely try out this project, maybe i can find some worth here with my leftover ethereum left, now im running out of these LOL.

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February 24, 2024, 02:30:58 PM
 #4

I checked defillama.com and it's not yet listed among the DeFi Dapps. Of course I'm aware of EigenLayer and currently stake with Swell and EtherFi that does native restaking. If Zircuit is open now, that means it's also native restaking. I don't have anymore ETH to stake so I'll let this one slide. However, if Zircuit is on an L2 that is gas efficient, I might give it a try.
Yes cause I posted this a day of their launch pretty got in on their launch since I am doing renzo protocol so to take advantage of the potential points. Yes you are right this is pain the ass gas fee but to make my restakr worth it I just needed to do so. I doubt they will be on l2 as eth native staking is the main dish here.

I have been waiting for 3 days just for gas to come to 18-25 gwei so I can participate in Ethena Labs that went live earlier this week.
So you havent done ethena? I think you should hurry as the epoch 1 is few days left. Who knows if they gonna lower the rewards on the next epoch so the best time is to do now.

will definitely try out this project, maybe i can find some worth here with my leftover ethereum left, now im running out of these LOL.
Better to have some LRT like renzo first before doing zircuit to gain more potential eigen points.

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February 24, 2024, 10:23:03 PM
 #5

I have been waiting for 3 days just for gas to come to 18-25 gwei so I can participate in Ethena Labs that went live earlier this week.
So you havent done ethena? I think you should hurry as the epoch 1 is few days left. Who knows if they gonna lower the rewards on the next epoch so the best time is to do now.

I wanted to get in on Ethena since Day 1 but Parcl took 24hrs to release my USDC. By the time it arrived, Gas was already at 58 gwei. 2x the fee previously. I still plan on doing it as Epoch 1 is ending in a few days. Right now gas is at 28 gwei.

I'm sure it would go even lower this weekend and I'd get in. Have you started getting Ethena shards yet?

For Renzo, I'll just stick with EtherFi even if I have extra ETH (which I don't have "yet") it'd still be EtherFi so I don't spread myself too thin.

 
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February 25, 2024, 05:17:43 AM
 #6

I'm sure it would go even lower this weekend and I'd get in. Have you started getting Ethena shards yet?

For Renzo, I'll just stick with EtherFi even if I have extra ETH (which I don't have "yet") it'd still be EtherFi so I don't spread myself too thin.
Yes I already started receiving shards. I believe that ethena would be a big break as epoch 1 is done on short period. Im thinking that theres only 1 that they will do and will laumch right away. But just a guess.

I am farming renzo last three weeks and I could say I had a good pick with LRT since they are the newest and lowest tvl during that time. Didnt expect Binance invested news but its a good news.

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