Zircuit (ZRC) Price

ZRC is the Zircuit ecosystem token, used to support participants in receiving additional rewards, participating in fair launches of network applications, and advancing ecosystem development. It is used for ecosystem incentives and participation arrangements, but it is not the native asset used to pay Gas when executing transactions on Zircuit. When deploying or calling EVM-compatible contracts on Zircuit, Gas is paid in ETH. Therefore, holding ZRC does not replace the need for an account to prepare ETH for transactions; conversely, paying ETH Gas does not mean participating in ZRC reward or fair-launch mechanisms.

ZRC's public uses include allowing participants to receive additional rewards, participate in fair launches of network applications, and serve as an ecosystem incentive medium between developers and users. Its role connects ecosystem participation with token incentives, rather than defining ZRC as a network fee or evidence of corporate ownership. The token documentation describes ecosystem uses and incentive directions; it does not thereby grant holders equity, dividends, or redemption rights in Zircuit the company. Whether a particular activity is open, its participation conditions, and reward outcomes are subject to the rules announced by the relevant application or activity at that time.

ZRC has a total supply of 10 billion tokens. Public allocations are: airdrops and community rewards 21.00%, community reserve 13.08%, ecosystem development 17.93%, foundation 18.70%, team 18.74%, and investors 10.55%. These percentages total 100% of the total supply. Total supply describes the total-token measure and does not equal the amount that is circulating or freely transferable at any given time. To determine when a category may enter an available state, its TGE unlock amount, cliff (lockup waiting period), and subsequent vesting arrangement must also be considered.

The proportion of ZRC unlocked at TGE is 21.95% of total supply, consisting of the Season 1 airdrop at 7.00%, the Season 2 airdrop at 3.00%, related activities at 2.45%, the community reserve at 2.50%, ecosystem development at 2.00%, and the foundation at 5.00%. This figure only describes the portion unlocked at TGE; it does not mean no further tokens will unlock afterward. The 8.55% allocated to future airdrops and rewards has a 6-month or 12-month cliff, followed by linear vesting over 24 months. The locked portions of the community reserve, ecosystem development, foundation, team, and investor allocations each have a 1-year cliff followed by linear vesting over 24 months. Linear vesting means gradual release during the vesting period, rather than all tokens being released at once when the cliff ends.

Zircuit is an EVM-compatible zero-knowledge Rollup. It executes Ethereum Virtual Machine-compatible contracts in a Layer 2 environment and uses zero-knowledge-proof-related technology to process and verify batches of transactions. EVM compatibility lets Ethereum-familiar wallets, development tools, and contracts connect with less additional adaptation. For users, the most direct difference is that transaction execution occurs on this Rollup network, while all Gas fees are paid in ETH. For developers, application endpoints must still be directed to the Zircuit network during deployment. Compatibility does not mean every Ethereum application can operate identically without checking.

Zircuit's Sequencer Level Security (SLS) monitors malicious or suspicious transactions in the mempool before they enter a block and can prevent transactions identified as risky from being included in a block by the sequencer. It places part of the security screening at the sequencer layer rather than relying only on protections of applications or individual smart contracts. This mechanism reduces the opportunity for certain identifiable risky transactions to enter on-chain execution; it does not provide a risk-free guarantee for all transactions, wallets, contracts, or assets. Transactions that have already been executed are not automatically reversed by this pre-inclusion screening, and application-level contract security and user confirmation remain important.

“Unlocking” and “vesting” in ZRC allocations are two different stages. Unlocking means a portion of tokens is no longer subject to that lockup restriction at a specified time; a cliff is a waiting period before vesting starts during which no monthly or periodic releases occur; linear vesting gradually releases the remaining portion over a stated period. For example, if a category states “24 months of linear vesting after a 1-year cliff,” it does not mean the entire category is available in month 12. It means waiting for 1 year first, then gradually receiving the remaining portion over the following 24 months. Therefore, total supply or the TGE unlock percentage alone cannot be used to infer the transferable amount on any future date.

The Season 1 ZRC airdrop allocation is 7% of total supply, corresponding to 262,200 eligible addresses, with a snapshot time of 2024-07-07 16:00 UTC. The Season 2 allocation is 3% of total supply, with a snapshot time of 11-20 05:00 UTC. Both seasonal airdrops are listed as components of the TGE unlock. Airdrop allocation percentages, snapshot eligibility, and TGE unlocking are different matters: the percentage indicates how much total supply is reserved for that round, the snapshot determines the time at which eligibility for that round is assessed, and unlocking describes the availability arrangement. Meeting one of these descriptions cannot replace other conditions required by the specific claim page or activity rules.

ZRC's token uses and Zircuit network fees should be understood separately. ZRC is used for rewards, fair launches, and ecosystem incentives; ETH is the Gas asset actually paid when users deploy contracts or send transactions on Zircuit. The two serve different parts of the protocol. Accordingly, transaction costs are affected by the ETH Gas balance and resources required for transaction execution, and are not automatically charged in ZRC because an account holds ZRC. When participating in a ZRC-based ecosystem activity, ETH may still be needed to complete on-chain transactions.

Zircuit's EVM compatibility means commonly used Ethereum wallets, tools, and contract-development methods can be used on the network, and the official documentation specifically mentions tools such as MetaMask and Hardhat. Users must still select the correct network, configure the relevant endpoints, and prepare ETH for Gas. “EVM-compatible” indicates a direction of compatibility for the code-execution environment and toolchain; it is not an unconditional commitment that every third-party application, bridge, or asset is supported. Users and developers should still verify before operating that the target application is deployed on and supports Zircuit.

ZRC's future airdrop and reward allocation is 8.55% of total supply. Its vesting arrangement differs from the Season 1, Season 2, and activity allocations already unlocked at TGE: the former has a 6-month or 12-month cliff and only then vests linearly over 24 months. This distinction shows that not all portions within the broad “airdrops and community rewards” category are available at the same time. When analyzing the availability of tokens in this category, first identify whether they belong to an already unlocked historical round, an activity allocation, or a future reward allocation subject to a cliff and linear vesting.

Zircuit's network functions and ZRC's token mechanics are interconnected but not the same: the network processes transactions through an EVM-compatible zero-knowledge Rollup, ETH Gas, and Sequencer Level Security; ZRC is used for participation and incentive arrangements designed around users, developers, and network applications. Keeping them separate avoids mistaking “holding ZRC” for receiving transaction-execution rights, Gas offsets, or network ownership, and also avoids mistaking the network's use of ETH Gas for ETH automatically conferring eligibility for ZRC activities.