Zeus Network Launches ZeusNode on Solana Virtual Machine
ZeusNode Launch and Roadmap
Zeus Network has introduced ZeusNode, built on the Solana Virtual Machine (SVM), marking a significant step in blockchain interoperability. The primary goal is to integrate Bitcoin liquidity into the Solana blockchain seamlessly, with a detailed roadmap guiding this cross-chain framework's development.
Guardian Program and Validator Classes
The Guardian program serves as the foundation of Zeus Network's cross-chain framework, creating two distinct validator classes: Guardians and Institutional Guardians. Guardians can delegate $ZEUS tokens, while Institutional Guardians, tailored for large institutions, manage substantial $BTC volumes. This Multi-Party Computation (MPC) model ensures secure and trustless Bitcoin transactions on Solana, maintaining transaction integrity and security.
Liquidity and Security Management
Institutional Guardians experience flexibility with $BTC deposits, while $ZEUS deposits are locked for six months to maintain liquidity and security. $ZEUS holders can delegate their tokens to Guardians, enhancing network security and earning rewards. The dynamic ratio mechanism between $ZEUS delegation and $BTC liquidity ensures adaptability to market conditions. Initially set at 20,000:1, the ratio adjusts as Guardians reach a delegation threshold, unlocking unlimited $BTC inflow capacity.
Epochs and Scaling Strategy
The ZeusNode roadmap outlines a phased approach across multiple Epochs to build capacity. The first Epoch focuses on security foundations, supporting 25 BTC with 500,000 $ZEUS delegation. Subsequent Epochs expand Guardian numbers and introduce Institutional Guardians, eventually enabling a capacity of 2,250 BTC and delegating up to 25,000,000 $ZEUS. Future Epochs aim to integrate assets like $DOGE, $LTC, and $KAS, enhancing Bitcoin liquidity management on Solana.
About Zeus Network
Zeus Network offers an interoperable solution for the Solana ecosystem, powered by the Solana Virtual Machine. By facilitating cross-chain communication, Zeus Network empowers liquidity and complex applications to engage with Solana in a decentralized environment, positioning Solana as a central hub for diverse blockchain ecosystems.
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