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More

    Zeus Community Launches Ultimate Testnet, 15K Wallets Linked in 72 Hours

    Latest News

    New York, New York, August twelfth, 2024, Chainwire

    Zeus Community introduced the launch of its first dApp APOLLO, constructed on prime of Zeus Program Library (ZPL) and marking the ultimate Testnet to combine liquidity with the ecosystem. In simply 72 hours, the testnet has seen over 15,000 wallets related since its launch on August eighth, demonstrating excessive engagement from the crypto group.

    The APOLLO testnet goals to put Bitcoin into an optimized DeFi utilization on Solana, permitting the conversion of Bitcoin into zBTC, a token native to Solana. This testnet launch advances the utility of Bitcoin in decentralized finance and innovation throughout the Solana community. Constructing as much as a forthcoming ZEUS token utility and staking program, the launch of APOLLO is part of Zeus Community’s bigger purpose to combine Bitcoin liquidity seamlessly into Solana.

    The testnet has progressed by way of a number of phases, with the preliminary testnet launched six months prior with 4,000 customers and rising to a broader testnets that noticed engagement from over 70,000 contributors. The present and closing testnet is anticipated to contain over 100,000 contributors, reflecting rising curiosity and confidence within the venture.

    APOLLO permits customers to say check Bitcoin (tBTC), deposit it on the APOLLO platform for conversion to zBTC, and withdraw zBTC again to the Bitcoin blockchain. The testnet helps varied pockets connections, together with Muses Pockets (a Bitcoin pockets offered by Zeus Community out there solely for APOLLO Testnet), Solana Pockets, and Bitcoin Devnet Pockets. It additionally consists of applications such because the Two-way Peg Program and zBTC Minting Program, with ongoing developments in liquidity administration.

    See also  XRP rallies after SEC drops costs towards Ripple executives

    At the side of the testnet, Zeus Community has launched the testnet level system on Galxe titled “Prophecy of Mild.” Members can earn Galxe Loyalty Factors by participating with the testnet, which may be redeemed for future rewards on the APOLLO mainnet.

    For extra data and to take part within the APOLLO Ultimate Testnet, go to APOLLO Testnet and be part of the Galxe marketing campaign.

    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 information change. This initiative clears the trail for Solana to turn out to be the premier hub for all ecosystems, fascinating tens of millions of customers throughout numerous blockchains.

    Facilitating interoperable communication amongst cross-chain dApps, Zeus Community empowers liquidity and complicated purposes to seamlessly have interaction with Solana in a decentralized and permissionless setting, making it accessible to everybody.

    Web site | Zeus on X | APOLLO | Discord | Docs

    ContactHead of CommunicationFranck KUOpr@zeusnetwork.xyz

    This text was initially revealed on Chainwire

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