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New York, New York, December fifth, 2024, Chainwire
Zeus Community at this time introduced that ZeusNode, the core infrastructure constructed on the Digital Machine (SVM), is reside. Zeus has additionally unveiled its full roadmap for ZeusNode’s cross-chain framework to combine liquidity seamlessly into Solana’s blockchain, with its first epoch underway.
ZeusNode introduces its Guardian program to function the bedrock of Zeus Community’s cross-chain framework, creating two distinct lessons of validators: Guardians and Institutional Guardians. Guardians can delegate $ZEUS to the community, whereas Institutional Guardians are crafted for big establishments with the capability to handle vital volumes of $BTC.
Using a Multi-Social gathering Computation (MPC) mannequin, ZeusNode Guardians be sure that Bitcoin transactions on Solana are each safe and trustless. By means of a decentralized validation and signing mechanism, Guardians facilitate seamless Bitcoin operations throughout Solana’s blockchain, whereas sustaining the integrity of every transaction and adhering to the community’s safety requirements.
Institutional Guardians take pleasure in flexibility with their $BTC deposits, whereas $ZEUS deposits stay locked for a six-month time period to uphold liquidity and safety requirements throughout the community. Moreover, $ZEUS holders are capable of delegate their tokens to Guardians, contributing to the community’s safety whereas incomes rewards.
As a part of the community’s scaling technique, ZeusNode implements a dynamic ratio mechanism tied to $ZEUS delegation and $BTC liquidity. The preliminary $ZEUS-to-$BTC ratio is ready at 20,000:1, supporting the onboarding of Bitcoin liquidity into the community. This ratio dynamically adjusts as soon as a Guardian reaches a delegation threshold of 5,000,000 $ZEUS, unlocking limitless $BTC influx capability, that helps to make sure flexibility and responsiveness to market circumstances.
“Zeus Community and its Guardians are redefining Bitcoin’s liquidity utilization, offering permissionless pathways for Bitcoin integration on Solana,” stated Justin Wang, Co-founder and CEO of Zeus Community. “With these new pathways for investments and validation, Zeus is the go-to alternative for Bitcoin holders and establishments seeking to leverage Bitcoin in a high-performance atmosphere.”
The ZeusNode roadmap outlines a phased method to capability constructing throughout a number of Epochs, with the primary Epoch underway.
- Epoch 1: Safety basis constructing, with a capability of 25 BTC supported by 500,000 $ZEUS delegation.
- Epochs 2 & 3: Enlargement to 4 Guardians and the introduction of Institutional Guardians, enabling a complete capability of 1,100 BTC with as much as 12,000,000 $ZEUS delegated.
- Epochs 4 & 5: Scaling to full capability with 10 Guardians and a number of Institutional Guardians, concentrating on 2,250 BTC influx and delegation of as much as 25,000,000 $ZEUS to onboard 1% of Bitcoin liquidity onto Solana.
- Epochs 6 & 7: Integration of UTXO-based belongings, together with $DOGE, $LTC and $KAS, and expanded asset capabilities, paving the way in which for seamless Bitcoin liquidity administration on Solana.
About Zeus Community
Zeus Community transforms blockchain interplay by offering an interoperable answer for the Solana ecosystem. Powered by Solana Digital Machine (SVM), Zeus Community empowers Zeus Nodes to make sure strong safety and seamless knowledge trade. This initiative clears the trail for Solana to grow to be the premier hub for all ecosystems, charming hundreds of thousands of customers throughout various blockchains.
Facilitating interoperable communication amongst cross-chain dApps, Zeus Community empowers liquidity and complicated purposes to seamlessly interact with Solana in a decentralized and permissionless atmosphere, making it accessible to everybody.
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ContactHead of CommunicationFranck Kuopr@zeusnetwork.xyz
This text was initially revealed on Chainwire