New York, New York, August 12th, 2024,
Chainwire
Zeus Network announced the launch of its first
dApp APOLLO, built on top of
Zeus Program Library (ZPL) and marking the final Testnet to
integrate Bitcoin liquidity with the Solana ecosystem. In just 72
hours, the testnet has seen over 15,000 wallets connected since its
launch on August 8th, demonstrating high engagement from the crypto
community.
The APOLLO testnet aims to place Bitcoin into an optimized DeFi
utilization on Solana, allowing the conversion of Bitcoin into
zBTC, a token native to Solana. This testnet launch advances the
utility of Bitcoin in decentralized finance and innovation within
the Solana network. Building up to a forthcoming ZEUS token utility
and staking program, the launch of APOLLO is a part of Zeus
Network’s larger goal to integrate Bitcoin liquidity seamlessly
into Solana.
The testnet has progressed through several phases, with the
initial testnet launched six months prior with 4,000 users and
growing to a broader testnets that saw engagement from over 70,000
participants. The current and final testnet is anticipated to
involve over 100,000 participants, reflecting growing interest and
confidence in the project.
APOLLO allows users to claim test Bitcoin (tBTC), deposit it on
the APOLLO platform for conversion to zBTC, and withdraw zBTC back
to the Bitcoin blockchain. The testnet supports various wallet
connections, including Muses Wallet (a Bitcoin wallet provided by
Zeus Network available exclusively for APOLLO Testnet), Solana
Wallet, and Bitcoin Devnet Wallet. It also includes programs such
as the Two-way Peg Program and zBTC Minting Program, with ongoing
developments in liquidity management.
In conjunction with the testnet, Zeus Network has launched the
testnet point system on Galxe titled "Prophecy of
Light." Participants can earn Galxe Loyalty Points by engaging with
the testnet, which can be redeemed for future rewards on the APOLLO
mainnet.
For more information and to participate in the APOLLO Final
Testnet, visit APOLLO Testnet and join the
Galxe campaign.
About Zeus Network
Zeus Network transforms blockchain interaction by providing an
interoperable solution for the Solana ecosystem. Powered by Solana
Virtual Machine (SVM), Zeus Network empowers Zeus Nodes to ensure
robust security and seamless data exchange. This initiative clears
the path for Solana to become the premier hub for all ecosystems,
captivating millions of users across diverse blockchains.
Facilitating interoperable communication among cross-chain
dApps, Zeus Network empowers liquidity and complex applications to
seamlessly engage with Solana in a decentralized and permissionless
environment, making it accessible to everyone.
Website | Zeus on X | APOLLO | Discord | Docs
Contact
Head of
Communication
Franck
KUO
pr@zeusnetwork.xyz