Zeus Network Launches APOLLO to Enhance Bitcoin Interoperability on Solana
Zeus Network has officially launched APOLLO to revolutionize Bitcoin ($BTC) interoperability on Solana. Additionally, Zeus Network has introduced zBTC to facilitate seamless access for Bitcoin holders within the DeFi ecosystem. This innovative model does not rely on centralized wrapped solutions.
APOLLO and zBTC to Unlock Bitcoin Liquidity on Solana
APOLLO enables participants to lock native Bitcoin while instantly minting zBTC on Solana at a 1:1 ratio. This advancement by Zeus Network is designed to deliver a decentralized and non-custodial user experience. Both APOLLO and zBTC diverge from traditional wrapped Bitcoin models that depend on central authorities, offering transparent and trustless solutions without KYC requirements.
The platform achieved more than $40M in on-chain volume during its private mainnet phase, successfully minting 50 zBTC before its official launch. This pioneering initiative represents a significant advancement towards enabling modular Bitcoin liquidity, allowing for seamless participation in Solana’s DeFi, including Jupiter trading and providing liquidity on Meteora, HawkFi, and Raydium.
Future Innovations with BTCFi Expansion
Zeus Network seeks to modularize Bitcoin liquidity through expanded features. APOLLO is set to introduce easy exchanges between zBTC, cbBTC, and wBTC, with the flexibility to withdraw back to native Bitcoin on-demand. Furthermore, Zeus Network aims to collaborate with institutional liquidity partners while integrating UTXO-driven assets like DOGE, LTC, and KAS to enhance cross-chain interactions.
Zeus Network is actively contributing to BTCFi on Solana and aspires to transform Bitcoin’s integration into DeFi, paving the way for a more interoperable and inclusive crypto ecosystem.
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