Zeus Network Space review: Introducing new gameplay to Solana and the Bitcoin ecosystem

On March 6, at the Space event jointly organized by Zeus Network and Odaily Planet Daily, Justin, the founder of Zeus Network, introduced the product design of Zeus Network in detail, allowing Bitcoin to be pledged and earning interest on Solana, bringing Bitcoin and Solana More diverse ways to play, bringing Jupiter Launchpad’s popular candidate project Zeus into the public eye.

In this space, Justin also revealed in advance the mainnet launch time and token launch time as well as the relevant standards for airdrops, adding confidence to users and investors in the subsequent development of Zeus Network.

The following is a transcript of the community dialogue, compiled by Odaily Planet Daily:

Zeus Network Overview

**Odaily Planet Daily: First, please let Justin introduce himself and Zeus products and vision. **

Justin: Hello everyone, my name is Justin, and I am the founder and CEO of Zeus. Over the past six months, we began working on the design of the Zeus Network and technological breakthroughs. During this time, we have experienced ups and downs.

As a pioneering technology company, Zeus merges two chains with completely different design methods, different programming languages, and Bitcoin without smart contracts and introduces a decentralized model, which does bring some difficulties to our development and design. Our vision is to help Solana become the first choice for Layer 2.

I remember that SoLana Lianchuang Anatoly recently said: "Solana will become a powerful Layer 2 among all blockchains, completely different from EVM Layer 2. By connecting with other blockchains, Solana will become an application layer, thereby promoting more The generation of cross-chain products.”

When Anatoly said these words, I couldn’t agree more. I was developing Zeus with the same idea. As a parallel chain, Solana is definitely one of the best, and I would say probably one of the leaders. It is the only chain that can carry a million addresses in daily inputs. I don’t know of any chain that can handle such a large load.

Secondly, we must realize that Bitcoin, as the largest cryptocurrency with a market value of trillions of dollars, has failed to achieve asset conversion with other chains. As far as I know, WBTC, the largest wrapped Bitcoin, has only 0.4% of the circulating supply. Therefore, 99.6% of Bitcoins remain untapped in the market. The market capitalization of this unused portion of Bitcoin is hundreds of billions of dollars, which is similar to the market capitalization of Bitcoin and Ethereum.

So I think in the future competition, every blockchain will do its best to take advantage of Bitcoin’s liquidity. As the leader in the cross-chain communication layer on Solana, we have an important mission to ensure that Bitcoin can circulate safely in our projects.

Of course, Bitcoin is just one option. Our team is also working on the integration of more chains. Recently, we have developed a good relationship with Solana, although we haven’t announced anything yet. We are also paying attention to the development of other chains such as Dogecoin. So I think we can compete with other competitors in the cross-chain communication space and ensure that assets like Bitcoin are brought into Solana.

**Odaily Planet Daily: As the communication layer of multiple chains, the Zeus network ensures the coordination and unity of the two chains? **

Justin: Before we delve into the Zeus design, let’s first understand the centralized Bridge, that is, when you send some tokens to a certain address, these tokens seem to disappear , you cannot check their whereabouts on the chain. This situation is somewhat similar to the experience of an exchange.

But I believe that in the future world, we should try to avoid centralization, especially in cross-chain communication. So one thing we can achieve is that when you participate in any project, your Bitcoin does not need to be in our communication cross-chain layer. Bitcoin will always stay on the Bitcoin mainnet. This is the charm of the communication layer. location. On the Solana mainnet, you will get a new token. At this time you may be thinking, who controls my Bitcoin? Zeus’s node network control is reasonably regulated by the smart contract protocol written on the Solana main network.

**Odaily Planet Daily: I saw in the official documents that tokens will also be launched on the Zeus mainnet in the future. Please introduce the role of Zeus tokens in the network. Is it easy to disclose when the token will be launched? Will there be an airdrop? And how can you participate in building the Zeus network now? **

**Justin:**Jupiter Launchpad voting will begin tomorrow. I will reveal some details about the role of the token and the original design intention in advance.

The value of a token is determined by demand, so when designing, we have to solve three core issues: who are our owners, what are our needs, and what model of token economy do we want to promote. We will publish the specific relevant content next week. For now, let’s briefly explain it.

First of all, if a user wants to become a mainnet node owner of Zeus Network, he or she needs to pledge a certain number of tokens. Secondly, in the subsequent development of Zeus Network, when the project applications of the main network ecology issue tokens, they will be airdropped to the owners of Zeus tokens. Finally, when the Zeus network generates cross-chain BTC interest, the main network will extract a portion of the income to the nodes and token holders.

**As for the Zeus token airdrop, our current way of giving back to the community is to use zuPoint point tasks. For example, by joining our Discord to complete related tasks, everyone can obtain Zeus points and see the accumulated points board. At the same time, we are a candidate project for Jupiter Launchpad, and users who vote for Zeus Network will also receive air investment qualifications. The specific currency issuance time will be in early April, and we are currently negotiating for the token to be listed on the exchange. **

As a multi-chain communication layer project based on Solana, Zeus will cooperate with many projects in the future, such as Zues wallet, the first multi-chain wallet based on Solana. You can experience related functions, such as Solana and Jupiter Zeus SDK can be used to allow anyone to purchase any SPL assets with BTC.

This is the charm of the communication layer. It can put different blockchains in the same place, let them communicate seamlessly, let more decentralized software be built on top of us, and let more users enjoy this kind of feedback. The sense of use of the communication layer.

**Odaily Planet Daily: The construction of the Zeus network will definitely require the contribution of many developers. Will there be any developer incentive plans in the future? **

As a multi-chain communication layer, developers are very important to us. At present, I am personally very excited that 4 teams have contacted us, hoping to be the first to deploy applications after the Zeus mainnet is launched. At the same time, we will also hold some small hackathon competitions this year to encourage everyone to try to develop cross-chain products. I believe that the future will be multi-chain dominated Web3, and products will also shift from single-chain services to multi-chain services, using communication layers to connect Multiple chains form a clustering effect of community and TVL.

Talking about the future development of the Zeus Network, the development of multi-chain has not really arrived yet, but based on the current design of the multi-chain communication layer, I believe that we are the only communication layer protocol built with the Solana main network and will be applied to the Zeus Network , in terms of user security and performance carrying capacity, I believe Zeus is more decentralized and secure than other competitors.

Apollo Product Overview

**Odaily Planet Daily: Please let Justin introduce the Apollo product. According to official news, the Alpha test of the Apollo product has ended. How is the test network result? When will it reopen? **

Apollo is the first DApp to be launched on the Zeus main network. The product is very simple to use. Just deposit Bitcoin into the Zeus network. First, your BTC does not leave the Bitcoin main network, but operates on the chain. On the mobile terminal, you Two wallets need to be connected, one is a Bitcoin wallet and the other is an SPL wallet.

Secondly, there are two ways to obtain income. The first is that users can choose to put Bitcoin on the Zeus network. No additional operations are required. The Zeus network will help you earn income. The income comes from us investing the Bitcoin in the relevant lending agreement. , earn intermediate profits on Solana, and then deposit these profits into your SPL wallet.

The second way is that if you are an advanced DeFi player, you can do it yourself. You can exchange BTC for ZBTC. For example, if you hold one Bitcoin, you can exchange it for another ZBTC, and then you can do it on Solana. DeFi operations.

Therefore, there are two types of our target users, one is the user who chooses to believe in automation, and the other is the user who operates by himself. We choose to support both.

The Alpha test of our Apollo product has ended. The results of the test network make us more confident. ** As soon as it was opened, the entire network was down. There were more than 5,000 addresses around the world trying to use Apollo. ** This data tells us the demand for the product It exists, but in the first phase we are only open to the community. **In the second phase, we will open it to token holders. If you hold tokens, you can be the first to participate in the product. **I believe that everyone will have a deeper understanding of this product and have more confidence in this ecosystem.

Currently, our products use two pledge methods. Cold reserve and hot reserve are a measure to protect Bitcoin. We will establish a small contract on Bitcoin Taproot to put Bitcoin into the cold address to protect the security of Bitcoin. The hot address will be open to users who want to withdraw Bitcoin at any time. Because doing so increases security. If an attacker attacks a hot wallet, only twenty to thirty percent will be lost.

Therefore, this kind of security design can ensure the safety of assets. We have invited two auditing companies to audit relevant smart contracts to ensure the safety of users’ assets. For decentralized processing, the Zeus Network is the only one that can achieve this. I’m also looking forward to how users will react after our product is officially launched on the market.