Today, Zeus Network announced that ZeusNode, its core infrastructure based on the Solana Virtual Machine (SVM), is live. With the first era well underway, Zeus has also released its full roadmap for ZeusNode’s cross-chain framework, which will easily integrate Bitcoin liquidity into Solana’s blockchain.
As the cornerstone of Zeus Network’s cross-chain framework, ZeusNode presents its Guardian program, which establishes two separate categories of validators: Guardians and Institutional Guardians. Although Institutional Guardians are designed for large organizations that can handle significant amounts of $BTC, Guardians can allocate $ZEUS to the network.
ZeusNode Guardians use a Multi-Party Computation (MPC) model to ensure Bitcoin transactions on Solana are secure and reliable. Guardians protect the integrity of every transaction and enforce the network’s security requirements, while enabling smooth Bitcoin operations on Solana’s blockchain using a decentralized validation and signing mechanism.
While $ZEUS deposits are blocked for a period of six months to maintain the network’s liquidity and security requirements, Institutional Guardians have freedom with their $BTC deposits. Holders of $ZEUS can also assign their tokens to Guardians, which helps secure the network and reward them.
ZeusNode uses a dynamic ratio mechanism tied to $ZEUS delegation and $BTC liquidity as part of the network’s scaling approach. To facilitate the introduction of Bitcoin liquidity into the network, the initial $ZEUS-to-$BTC ratio has been set at 20,000:1.
To ensure flexibility and responsiveness to market situations, this ratio changes dynamically when a Guardian reaches a delegation level of 5,000,000 $ZEUS, allowing an infinite inflow capacity of $BTC.
Justin Wang, co-founder and CEO of Zeus Network said:
“Zeus Network and its Guardians are redefining Bitcoin’s liquidity usage and providing permissionless Bitcoin integration capabilities on Solana. With these new avenues for investment and validation, Zeus is the best choice for Bitcoin holders and institutions looking to leverage Bitcoin in a high-performance environment.”
The first era of the ZeusNode roadmap’s phased approach to capacity development is now underway.
- Era 1: Setting up a security foundation with a capacity of 25 BTC and a delegation of 500,000 $ZEUS.
- Eras 2 and 3: Institutional Guardians are added and the number of Guardians is increased to four, allowing a total capacity of 1,100 BTC with up to 12,000,000 $ZEUS delegated.
- Eras 4 and 5: Targeting an inflow of 2,250 BTC and delegating up to 25,000,000 $ZEUS to onboard 1% of Bitcoin liquidity to Solana, scaling to full capacity with 10 Guardians and several Institutional Guardians.
- Eras 6 and 7: Expanded asset capabilities and the integration of UTXO-based assets, such as $DOGE, $LTC, and $KAS, open the door for smooth Bitcoin liquidity management on Solana.
Zeus Network provides an interoperable solution for the Solana ecosystem, revolutionizing blockchain interaction. Powered by Solana Virtual Machine (SVM), Zeus Network enables Zeus Nodes to provide strong security and smooth data transfer. This venture enables Solana to grow into the leading hub for all ecosystems, engaging millions of people on many blockchains.
By enabling interoperable communication between cross-chain dApps, Zeus Network ensures that complex apps and assets can communicate with Solana in a decentralized, permissionless environment that is accessible to everyone.