New York, New York, December 5, 2024, Chainwire
Zeus Community right this moment introduced that ZeusNode, the core infrastructure constructed on high of the digital machine (SVM), is operational. Zeus additionally revealed its full roadmap for the ZeusNode cross-chain framework to seamlessly combine liquidity into the Solana blockchain, with its first epoch underway.
ZeusNode introduces its Guardian program to function the premise for Zeus Community's cross-chain framework, creating two distinct courses of validators: Guardians and Institutional gatekeepers. Guardians can delegate $ZEUS to the community, whereas institutional guardians are designed for big establishments with the capability to handle giant volumes of $BTC.
Utilizing a multi-party computation (MPC) mannequin, ZeusNode Guardians ensures that Bitcoin transactions on Solana are each safe and trustless. By way of a decentralized validation and signing mechanism, Guardians facilitates seamless Bitcoin operations on the Solana blockchain, whereas sustaining the integrity of every transaction and adhering to community safety requirements.
Institutional guardians take pleasure in flexibility with their $BTC deposits, whereas $ZEUS deposits stay locked for a interval of six months as a way to meet liquidity and safety requirements throughout the community. Moreover, $ZEUS holders can delegate their tokens to Guardians, contributing to the safety of the community whereas incomes rewards.
As a part of the community scaling technique, ZeusNode implements a dynamic ratio mechanism linked to $ZEUS delegation and $BTC liquidity. The preliminary $ZEUS/$BTC ratio is about at 20,000:1, which permits for the mixing of Bitcoin liquidity into the community. This ratio dynamically adjusts as soon as a Guardian reaches a delegation threshold of $5,000,000ZEUS, unlocking limitless $BTC entry capability, serving to to make sure flexibility and responsiveness to situations. of the market.
“Zeus Community and its guardians are redefining the usage of Bitcoin liquidity, offering permissionless pathways for integrating Bitcoin on Solana,” stated Justin Wang, co-founder and CEO of Zeus Community. “With these new funding and validation avenues, Zeus is the compelling selection for Bitcoin holders and establishments trying to mine Bitcoin in a high-performance atmosphere.”
The ZeusNode roadmap outlines a phased method to capability constructing over a number of epochs, with the primary being ongoing.
- Epoch 1: Safety basis constructing, with a capability of 25 BTC supported by a ZEUS delegation of $500,000.
- Eras 2 and three: Growth to 4 Custodians and introduction of Institutional Custodians, permitting a complete capability of 1,100 BTC with as much as $12,000,000 ZEUS delegated.
- Eras 4 and 5: Full capability enlargement with 10 tutors and a number of institutional tutors, focusing on 2,250 BTC influx and delegation of as much as $25,000,000ZEUS to combine 1% of Bitcoin liquidity on Solana.
- Epochs 6 and seven: Integration of UTXO-based property together with $DOGE, $LTC, and $KAS, and expanded asset capabilities, paving the way in which for seamless Bitcoin liquidity administration on Solana.
In regards to the Zeus Community
Zeus Community transforms blockchain interplay by offering an interoperable answer for the Solana ecosystem. Powered by Solana Digital Machine (SVM), Zeus Community allows Zeus Nodes to make sure strong safety and clear knowledge alternate. This initiative paves the way in which for Solana to change into the premier hub of all ecosystems, fascinating hundreds of thousands of customers throughout varied blockchains.
Facilitating interoperable communication between cross-chain dApps, Zeus Community permits complicated liquidity and functions to seamlessly interact with Solana in a decentralized, permissionless atmosphere, making it accessible to everybody.
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ContactCommunications SupervisorFrank Kuopr@zeusnetwork.xyz
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