Zeus Network introduces ZeusNode on Solana for enhanced BTC liquidity through Guardians program
From Investing.com
December 4, 2024 9:30 PM:
Zeus Network launches ZeusNode on the Solana blockchain, introducing a Guardian program for $ZEUS and $BTC holders to facilitate cross-chain liquidity integration. Guardians ensure secure Bitcoin transactions on Solana using a Multi-Party Computation model. Institutional Guardians cater to large institutions for significant $BTC management. The network’s dynamic ratio mechanism adjusts based on $ZEUS delegation for Bitcoin liquidity scalability.
Justin Wang, CEO of Zeus Network, highlights the network’s innovative approach to Bitcoin liquidity on Solana, offering investment pathways and validation opportunities. The ZeusNode roadmap outlines multiple Epochs for capacity building, starting with security foundation building in Epoch 1 supporting 25 BTC and 500,000 $ZEUS delegation. Subsequent Epochs aim to increase capacity, onboard more Guardians and Institutional Guardians, and integrate additional UTXO-based assets like $DOGE and $LTC.
Zeus Network leverages the Solana Virtual Machine (SVM) to enhance blockchain interaction, making Solana the premier hub for diverse ecosystems. Through Zeus Node, the network allows for seamless cross-chain dApp communication and liquidity engagement on Solana in a decentralized, permissionless environment accessible to all users. To learn more, visit the Zeus Network website or contact Franck Kuop for communication inquiries.
Read more at Investing.com: Zeus Network Implements ZeusNode to Enhance BTC Liquidity on Solana By Chainwire