Zeus Protocol Partners with bZx, a Protocol for Decentralized Margin Trading!
Zeus Protocol and bZx are excited to announce a formal partnership!
bZx is a protocol on the Ethereum blockchain designed to integrate into 0x-standard relays and on-chain DEXs. Currently, on the mainnet, the bZx protocol now allows DEXs powered by both 0x and Kyber Network to offer shorting and leverage. It consists of an open base layer protocol that performs the essential functions of escrow and interest disbursement. The second layer of the protocol can be freely built upon to include many additional features such as ultra-fast margin settlement and pooled lending. The bZx protocol already has a functioning high-speed margin settlement system on the second layer, unlike any other solutions, allowing leverage and shorting of even the most volatile ERC20 tokens. The bZx protocol has integration with six different 0x relays already underway.
Zeus Protocol is a 2nd layer network for Ethereum, which focuses on providing the network with key innovations to support applications with scalable computation, interoperability, identity, and off-chain information. Their first solution, ZeusID, will provide their partners and clients with decrypted on-chain identity and insightful reputation analytics, which will give them significant advantages over their competition. ZeusID is one of the core capabilities of Zeus Protocol because it solves one of the biggest pain points of the blockchain ecosystem — trust & reputation. That is why we’re proud to say that for the first time, 30 million+ ETH wallets now have a reputation score, miner verification, wallet persona, and graph — all algorithmically verified!
“The Zeus Protocol has broad usefulness to a diverse range of blockchain projects, especially those that wish to raise widespread awareness and foster decentralized token ownership. Using the Zeus Protocol, we’re able to surgically target Airdrops across the ecosystem to those most likely to have an interest in utilizing our protocol.”
— Kyle J Kistner, Operations Lead
Both projects have talented and experienced teams and unique value propositions, which makes them an ideal fit for a strategic partnership. It became very clear once the two teams met that their interests were aligned. Both teams are looking forward to helping each other achieve their goals within the blockchain ecosystem.
Stay tuned for more updates!
Email: Business@ZeusProtocol.com // email@example.com