Today, Zeus Network has officially launched ZeusNode, the core infrastructure built on the Solana Virtual Machine (SVM). The platform is now live and running its first epoch, marking a significant milestone for the network. Along with this release, Zeus has unveiled its comprehensive roadmap for ZeusNode’s cross-chain framework, which aims to seamlessly integrate Bitcoin liquidity into Solana’s blockchain.
Central to Zeus Network’s cross-chain framework is ZeusNode’s Guardian program, which introduces two distinct categories of validators: Guardians and Institutional Guardians. While Institutional Guardians cater to large organizations capable of handling significant amounts of $BTC, Guardians have the option to delegate $ZEUS to the network.
ZeusNode Guardians utilize a Multi-Party Computation (MPC) model to ensure the security and trustlessness of Bitcoin transactions on Solana. By maintaining the integrity of each transaction and meeting the network’s security requirements, Guardians facilitate seamless Bitcoin operations across Solana’s blockchain through a decentralized validation and signing mechanism.
While $ZEUS deposits are subject to a six-month lockup period to uphold network liquidity and security standards, Institutional Guardians enjoy flexibility with their $BTC deposits. Holders of $ZEUS also have the option to delegate their tokens to Guardians, contributing to network security while earning rewards.
ZeusNode employs a dynamic ratio mechanism tied to $ZEUS delegation and $BTC liquidity as part of its scaling strategy. The initial $ZEUS-to-$BTC ratio is set at 20,000:1 to facilitate the integration of Bitcoin liquidity into the network. This ratio dynamically adjusts whenever a Guardian reaches a delegation level of 5,000,000 $ZEUS, allowing for unlimited $BTC inflow capacity.
Justin Wang, Co-founder and CEO of Zeus Network, expressed his excitement about the platform’s potential:
“Zeus Network and its Guardians are revolutionizing the utilization of Bitcoin liquidity, offering open pathways for Bitcoin integration on Solana. With new avenues for investment and validation, Zeus is the preferred choice for Bitcoin holders and institutions seeking to leverage Bitcoin in a high-performance environment.”
The first phase of the ZeusNode roadmap is currently underway, focusing on capacity development in a phased approach:
- Epoch 1: Establishing a security foundation with a 25 BTC capacity and a 500,000 $ZEUS delegation.
- Epochs 2 and 3: Introduction of Institutional Guardians, expansion of Guardians to four, and a total capacity of 1,100 BTC with up to 12,000,000 $ZEUS delegated.
- Epochs 4 and 5: Targeting a 2,250 BTC inflow and delegating up to 25,000,000 $ZEUS to onboard 1% of Bitcoin liquidity onto Solana, scaling to full capacity with 10 Guardians and multiple Institutional Guardians.
- Epochs 6 and 7: Enhanced asset capabilities and integration of UTXO-based assets like $DOGE, $LTC, and $KAS to facilitate seamless Bitcoin liquidity management on Solana.
Zeus Network presents an interoperable solution for the Solana ecosystem, transforming blockchain interaction. Powered by Solana Virtual Machine (SVM), Zeus Nodes offer robust security and efficient data transfer, positioning Solana as a leading hub for all ecosystems and captivating millions across various blockchains.
By enabling interoperable communication among cross-chain dApps, Zeus Network facilitates the interaction of complex applications and liquidity with Solana in a decentralized, permissionless environment accessible to all.