Onboarding 1% of $BTC on Solana — $ZEUS Token Utility Chapter 1
Launched on April 4, 2024, as the debut project on Jupiter’s LFG Launchpad, $ZEUS was born from an ambitious vision: to connect two of the most influential blockchain ecosystems — Bitcoin and Solana. Backed by the confidence of over 100,000 holders, $ZEUS embarks on a groundbreaking mission to achieve what was once thought impossible.
Imagine a world where Solana and Bitcoin interact effortlessly, where 1% of Bitcoin’s liquidity powers Solana’s vibrant DeFi ecosystem, and where prominent UTXO-based assets — such as Dogecoin ($DOGE), Litecoin ($LTC), and Kaspa ($KAS) — are utilized without restrictions. Picture a future where leading UTXO-based blockchains unite to drive a revolutionary era, all converging on Solana.
Key Takeaways
- $ZEUS is a layer token that secures ZeusNode’s security and enables seamless, permissionless Bitcoin liquidity flow into Solana, with its utility unfolding across three development chapters.
- Chapter 1 establishes the network’s foundation by maintaining a $BTC 1:20,000 $ZEUS ratio at the early stage, introducing Bitcoin on Solana.
- Future chapters will expand $ZEUS’s utility to support multi-chain interactions, extending beyond Bitcoin to unlock new possibilities across blockchain ecosystems.
3 Chapters of Token Development
Just as ZeusNode is the critical infrastructure for interactions between Bitcoin and Solana, $ZEUS tokenomics is designed as a layer token to establish a robust and scalable framework for secure asset utilization.
This tokenomics model is structured in three chapters, each advancing the seamless flow of $BTC liquidity into Solana while unlocking its full potential.
Discover how $ZEUS enables the permissionless onboarding of Bitcoin liquidity into Solana, shaping the future of decentralized finance.
Chapter 1: Securing the Network
In this chapter, $ZEUS positioned as a layer token with the initial mission is to enable a secure and efficient flow of Bitcoin liquidity into Solana, transforming it into ZPL-assets that unlock Bitcoin’s full potential for on-chain yield generation and active participation in Solana’s dynamic DeFi ecosystem.
𐓷 Token Utility: Delegate to Secure ZeusNode
To ensure the security of ZPL-assets and the network, $ZEUS takes center stage through its delegation functionality. ZeusNode Guardian will accept delegation from $ZEUS holders at an initial ratio of $BTC 1:20,000 $ZEUS, creating a strong and secure foundation during the network’s early stages.
As more Bitcoin liquidity enters Solana, this ratio will dynamically adjust based on the $BTC market and the liquidity demands on Solana.
By aligning $ZEUS and $BTC within the ecosystem, this chapter establishes a strong base for the long-term goal of onboarding 1% of Bitcoin’s total supply onto Solana.
The Long-Term Vision
Onboarding 1% of Bitcoin’s supply onto Solana is an ambitious target, and $ZEUS is purpose-built to achieve it. Guided by innovation and a commitment to decentralization, this journey represents a transformative shift for cross-chain asset utilization.
Chapter 2: Building ZPL-Asset Ecosystem
We will expand $ZEUS’s utility in this phase, creating deeper integration with Solana’s DeFi landscape. This evolution unlocks new opportunities for ZPL-assets, revolutionizing how value is accessed and utilized across Solana’s growing ecosystem.
With the open-sourcing of the Zeus Program Library (ZPL), we are enabling xyzBTC. It will gain the ability to introduce different versions of $BTC on Solana, further enhancing the diversity and utility of ZPL-assets.
𐓷 Token Utility: Details to be unveiled in Chapter 2
Chapter 3: Enabling Multi-Chain Interactions
In its final chapter of the current planning, $ZEUS will redefine multi-chain asset interaction along with Solana and SVM Layers. By connecting major UTXO-based blockchains, $ZEUS will enable unprecedented interoperability and innovation, tapping dormant liquidity like $BTC, $LTC, $DOGE, and $KAS.
𐓷 Token Utility: Details to be unveiled in Chapter 3
Conclusion
We are ushering in a new era for Solana, where the community is numbed of tokenomics that promise dozens of utilities but fail to truly benefit the broader ecosystem.
At $ZEUS, we believe tokenomics should represent the true vision and mission of the company. Our focus is on the goal of onboarding permissionless assets onto Solana, with the ambitious target of capturing 1% of Bitcoin’s liquidity and beyond.
Stay tuned for more updates, Olympians!
