#SolanaSpring is coming
Let’s take a look at @ZeusNetworkHQ, which recently won the first place in the @JupiterExchange LFG Voting. @ZeusNetworkHQ won the first place with 58% (117,318,490 $JUP) of votes, becoming Jupiter’s first LaunchPad for other projects. After listening to today’s meeting, the project team revealed that it is expected to be launched on LaunchPad around the first or second week of April.
1.Project introduction
Zeus Network builds a permissionless communication layer that leverages the Solana Virtual Machine to facilitate interoperability between Solana and Bitcoin, providing a seamless experience in DeFi. It leverages the high throughput and scalability of Solana and the security and liquidity of Bitcoin to provide users and developers with a wide range of opportunities, but not as a cross-chain asset bridge in the traditional sense. The main goal of the project is to bring the power of BTC as an asset to Solana.
2. Project Angel Investors
Anatoly Yakovenko (Co-Founder of Solana)
Andrew Kang (Founder of Mechanism Capital)
Muneeb Ali (Co-Creator of Stacks)
VCs have not yet been announced.
3.Team
The Zeus Network team is composed of experienced experts in the field of cryptocurrency and Solana.
Justin Wang (Founder): Born in Taiwan, raised in Canada, graduated from UBC. Founded a successful VPN business in Dubai in 2014, catering mainly to the Saudi market, and exited in 2016 with $3.5 million in equity. The "dAppio Lab" was created in 2020 to focus on advanced innovative technologies for Solana and other blockchain ecosystems.
Twitter: https://twitter.com/dAppiokeeper
Jim Ironaddicteddog (Chief Architect): A blockchain expert with diverse backgrounds who has contributed to multiple projects. Currently working as an architect at Zeus Network, developing the first permissionless communication layer between Solana and Bitcoin. Previously promoted the acceptance of Solana in Taiwan's non-EVM community in Gen3, and served as technical lead and project manager at dAppio Lab, responsible for the development of dAppio Wonderland. He has worked as a researcher at BSOS and Unitychain, and as a contributor to Taipei Ethereum Meetup, organized meetups, study groups, hosted meetings, and received job recommendations from Vitalik.
Twitter: https://twitter.com/ironaddicteddog
Dean (Chief Scientist): Australian professional developer with expertise in software, hardware and blockchain.Having lived in Hong Kong, spent a lot of time in Taiwan, and is fluent in Mandarin. Has 7 years of experience in the Bitcoin blockchain, has won hackathon competitions, and built multiple successful companies.
Twitter: https://twitter.com/deanmlittle
4.$ZEUS Tokenomics
The total supply of $ZEUS tokens is 1 billion
Ecosystem and community growth (45%): 10% TGE / locked for 12 months
Foundation reserve (20%): 10% TGE / locked for 12 months
Team (15%): 0% TGE / 15-month lockup / 15-month linear release
Early supporters (10%): 5% TGE / 3-month lockup / 15-month linear release
Launchpad(5%): 100% TGE
Advisor(5%): 5% TGE / locked for 6 months / linear release for 15 months
5.Immediate Timeline
Q1 2024: Focus on community building, documentation, token economic model, launch of testnet and $ZEUS token.
Q2 2024: Launch of APOLLO, ZEUS’s first decentralized application (dApp).
6.How to get $ZEUS
1. Participate in voting (ended🔚): 0.75% of $ZEUS is allocated to addresses participating in LFG voting. The official made it clear that voters can obtain DC Role and airdrops.
2. Participate in Launchpad: Specific details have not been announced.
3. Purchase the project party’s last NFT: DAPPIE Gang’s public airdrop has not yet been snapshotted. After purchasing, join DC to verify the NFT and you can get the role.
7. The first Dapp: APOLLO
As its first dApp, APOLLO implements native BTC staking and provides two-way anchored zBTC at a 1:1 ratio on Solana.
This integration enables zBTC to use lending services on platforms such as Solend, marginfi, Kamino Finance, etc., thereby enabling BTC revenue generation.
During the APOLLO Testnet Alpha testing phase in February, 3,400 addresses out of a total of 4,500 addresses participated in testing the native BTC staking process.
At present, the alpha test has ended, you can pay attention to the subsequent progress.
