New York, New York, August twelfth, 2024, Chainwire
Zeus Network introduced the launch of its first dApp APOLLO, constructed on high of Zeus Program Library (ZPL), marking the ultimate Testnet to combine Bitcoin liquidity with the Solana ecosystem. In simply 72 hours, the testnet has seen over 15,000 wallets linked since its launch on August eighth, demonstrating excessive engagement from the crypto neighborhood.
The APOLLO testnet goals to position Bitcoin into an optimized DeFi utilization on Solana, permitting the conversion of Bitcoin into zBTC, a token native to Solana. This testnet launch advances the utility of Bitcoin in decentralized finance and innovation throughout the Solana community. Constructing as much as a forthcoming ZEUS token utility and staking program, the launch of APOLLO is part of Zeus Network’s bigger objective to combine Bitcoin liquidity seamlessly into Solana.
The testnet has progressed via a number of phases, with the preliminary testnet launched six months prior with 4,000 customers and rising to a broader testnets that noticed engagement from over 70,000 members. The present and ultimate testnet is anticipated to contain over 100,000 members, reflecting rising curiosity and confidence in the mission.
APOLLO permits customers to say check Bitcoin (tBTC), deposit it on the APOLLO platform for conversion to zBTC, and withdraw zBTC again to the Bitcoin blockchain. The testnet helps varied pockets connections, together with Muses Pockets (a Bitcoin pockets offered by Zeus Network obtainable solely for APOLLO Testnet), Solana Pockets, and Bitcoin Devnet Pockets. It additionally contains applications such because the Two-way Peg Program and zBTC Minting Program, with ongoing developments in liquidity administration.
Together with the testnet, Zeus Network has launched the testnet level system on Galxe titled “Prophecy of Light.” Individuals can earn Galxe Loyalty Factors by participating with the testnet, which could be redeemed for future rewards on the APOLLO mainnet.
For extra data and to take part in the APOLLO Final Testnet, go to APOLLO Testnet and be part of the Galxe campaign.
About Zeus Network
Zeus Network transforms blockchain interplay by offering an interoperable answer for the Solana ecosystem. Powered by Solana Digital Machine (SVM), Zeus Network empowers Zeus Nodes to make sure sturdy safety and seamless information trade. This initiative clears the trail for Solana to change into the premier hub for all ecosystems, charming tens of millions of customers throughout numerous blockchains.
Facilitating interoperable communication amongst cross-chain dApps, Zeus Network empowers liquidity and sophisticated purposes to seamlessly interact with Solana in a decentralized and permissionless surroundings, making it accessible to everybody.
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Head of Communication
Franck KUO
[email protected]
