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Re:

Gud Tech’s First-Week Fair-Launch Announcement Reported $9M in ZRC Staking Value

A December 2024 announcement said over 127 million ZRC were staked in Gud Tech’s first launch week, representing $9 million in stated value. Here’s what that historical claim—and the $GUD distribution terms—does and does not show.
From TheFinanceBase Team2 min to read
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Gud Tech’s December 2024 launch announcement said more than 127 million ZRC tokens were staked during the first week of its $GUD distribution, representing $9 million in stated value. That was a project-announcement figure about an early launch period—not a current valuation, a verified total value locked, or proof that the rewards remain available.

What the $9 million figure means

Gud Tech’s announcement, dated December 20, 2024, described the first week of the $GUD launch as attracting “over 127M $ZRC tokens staked” and said they represented “a total of $9M USD in value.” Brave New Coin republished the release on December 21, crediting Chainwire. Read the published announcement.

The figure is therefore a historical value stated by the announcement for ZRC staked during the launch’s first week. The cited release does not identify an independent auditor, onchain query, or data provider for the calculation. It should not be treated as independently verified, as a current market value, or as a measure of today’s staking activity.

How the announced $GUD fair launch worked

The announcement described a staking-based rewards mechanism: participants staked Zircuit’s native $ZRC token to earn weekly $GUD rewards during the fair-launch period. It also gave two supply figures for different parts of the launch:

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Launch detail What the announcement said
First-week participant distribution 2% of total $GUD supply was allocated to participants in the first week; the release said weekly rewards would continue during the fair-launch period.
Day-one availability 40% of $GUD supply was available on Day 1 through decentralized exchanges on Base and Zircuit.

These figures describe different components of the announced distribution: the first-week allocation to participants and the supply made available through DEXs on Day 1. They are not portions that should be added together as if they described one allocation. The announcement gives no basis here for calling the token presold; it describes staking rewards and DEX availability instead.

What Gud Tech said its product offered

The release described Gud Tech as a multichain AI platform for automated finance and said it delivered actionable market intelligence at launch. It presented a risk engine and algorithmic strategies as future features, not as capabilities already established as shipped. The Chainwire announcement as republished by Brave New Coin is the source for those launch descriptions.

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Can you still stake ZRC to earn GUD?

The reviewed launch announcement is historical and does not confirm current availability of the fair launch, staking, or ZRC-to-GUD rewards. Zircuit’s official homepage currently describes Zircuit Finance and a liquidity hub for liquid staking or restaking tokens, as well as an EVM-compatible zk-rollup; that information does not establish that Gud Tech or $GUD remains operational. Do not assume the past launch terms are an active offer.

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  • Tap once to manage your entire crypto wallet across 90 blockchains - no USB cables or Bluetooth, no batteries, no setup. Access 14,100+ coins & tokens, DeFi, NFTs, and staking instantly from your phone
  • Smart backup: Use your second Tangem Wallet as your Backup keys with end‑to‑end encryption; no more papers, pictures. If one card is lost, the remaining can still restore full access, with an optional seed phrase available for advanced users.
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