Zeus Network Launches ZeusNode to Boost Bitcoin Liquidity into Solana
At this time, Zeus Community introduced that ZeusNode, the core infrastructure primarily based on the Solana Digital Machine (SVM), is reside. With its first epoch effectively beneath approach, Zeus has additionally launched its entire roadmap for ZeusNode’s cross-chain framework, which is able to simply combine Bitcoin liquidity into Solana’s blockchain.
Because the cornerstone of Zeus Community’s cross-chain framework, ZeusNode presents its Guardian program, which establishes two separate classes of validators: Guardians and Institutional Guardians. Whereas Institutional Guardians are designed for large organizations that may deal with substantial quantities of $BTC, Guardians could assign $ZEUS to the community.
ZeusNode Guardians use a Multi-Social gathering Computation (MPC) mannequin to guarantee that Bitcoin transactions on Solana are secure and trustless. Guardians protect the integrity of each transaction and uphold the community’s safety necessities whereas enabling easy Bitcoin operations throughout Solana’s blockchain utilizing a decentralized validation and signing mechanism.
Whereas $ZEUS deposits are locked for a six-month interval to take care of community liquidity and safety necessities, Institutional Guardians have freedom with their $BTC deposits. Holders of $ZEUS might also assign their tokens to Guardians, which helps to safe the community whereas rewarding them.
ZeusNode makes use of a dynamic ratio mechanism linked to $ZEUS delegation and $BTC liquidity as a part of the community’s scaling strategy. To facilitate the onboarding of Bitcoin liquidity into the community, the preliminary $ZEUS-to-$BTC ratio is established at 20,000:1.
As a way to assure flexibility and response to market conditions, this ratio dynamically modifications each time a Guardian hits a delegation degree of 5,000,000 $ZEUS, enabling infinite $BTC influx capability.
Justin Wang, Co-founder and CEO of Zeus Community mentioned:
“Zeus Community and its Guardians are redefining Bitcoin’s liquidity utilization, offering permissionless pathways for Bitcoin integration on Solana. With these new pathways for investments and validation, Zeus is the go-to selection for Bitcoin holders and establishments trying to leverage Bitcoin in a high-performance setting.”
The primary Epoch of the ZeusNode roadmap’s phased strategy to capability growth is now in progress.
- Epoch 1: Establishing a safety basis with a 25 BTC capability and a 500,000 $ZEUS delegation.
- Epochs 2 and three: Institutional Guardians are added, and the variety of Guardians is elevated to 4, permitting for a complete capability of 1,100 BTC with as much as 12,000,000 $ZEUS delegated.
- Epochs 4 and 5: Concentrating on 2,250 BTC influx and delegating as much as 25,000,000 $ZEUS to onboard 1% of Bitcoin liquidity onto Solana, scaling to full capability with 10 Guardians and several other Institutional Guardians.
- Epochs 6 and seven: Expanded asset capabilities and the combination of UTXO-based property, resembling $DOGE, $LTC, and $KAS, open the door for easy Bitcoin liquidity administration on Solana.
Zeus Community provides an interoperable answer for the Solana ecosystem, revolutionizing blockchain interplay. Zeus Community, which is powered by Solana Digital Machine (SVM), allows Zeus Nodes to supply robust safety and easy information switch. This endeavor makes it potential for Solana to emerge because the main hub for all ecosystems, enthralling tens of millions of individuals on many blockchains.
By enabling interoperable communication amongst cross-chain dApps, Zeus Community allows complicated apps and liquidity to work together with Solana in a decentralized, permissionless setting that’s open to everybody.
