The Good Tech Companies - Zeus Network Launches Final Testnet, 15K Wallets Connected In 72 Hours

Episode Date: August 12, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/zeus-network-launches-final-testnet-15k-wallets-connected-in-72-hours. The current and final testnet is anticipated to involve over 100,000 participants, reflecting growing interest and confidence in the project. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #zeus-network, #chainwire, #press-release, #zeus-network-announcement, #blockchain-testnets, #blockchain-development, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Zeus Network announced the launch of its first dApp APOLLO, built on top of Zeus Program Library (ZPL) In just 72 hours, the testnet has seen over 15,000 wallets connected since its launch on August 8th. The testnet aims to place Bitcoin into an optimized DeFi utilization on Solana.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Zeus Network launches final testnet, 15k wallets connected in 72 hours. By Chainwire, New York, New York, August 12, 2024, Chainwire, asterisk Zeus Network announced the launch of its first DAB Apollo, built on top of Zeus Program Library, ZPL, and marking the final testnet to integrate Bitcoin liquidity with the Solana ecosystem. In just 72 hours, the testnet has seen over 15,000 wallets connected since its launch on August 8, demonstrating high engagement from the crypto community. The Apollo testnet aims to place Bitcoin into an optimized DeFi utilization on Solana,

allowing the conversion of Bitcoin into ZBTC, aFi utilization on Solana, allowing the conversion of Bitcoin into ZBTC, a token native to Solana. This testnet launch advances the utility of Bitcoin in decentralized finance and innovation within the Solana network. Building up to a forthcoming Zeus token utility and staking program, the launch of Apollo is a part of Zeus network's larger goal to integrate Bitcoin liquidity seamlessly into Solana. The testnet has progressed through several phases, with the initial testnet launched six months prior with 4,000 users and growing to a broader testnets that saw engagement from over

70,000 participants. The current and final testnet is anticipated to involve over 100,000 participants, reflecting growing interest and confidence in the project. Apollo allows users to claim test Bitcoin, TBTC, deposited on the APOYO platform for conversion to ZBTC, and withdraw ZBTC back to the Bitcoin blockchain. The testnet supports various wallet connections, including Muse's wallet, a Bitcoin wallet provided by Zeus Network available exclusively for APOYO testnet, Solana wallet, a Bitcoin wallet provided by Zeus Network available exclusively for a Puyo Testnet, Solana wallet, and Bitcoin DevNet wallet. It also includes programs such as the two-way PEG program and ZBTC minting program, with ongoing developments in liquidity management. In conjunction with the Testnet, Zeus Network has launched the Testnet point system on Galaxy

titled, Prophecy of Light. Participants can earn Galaxy loyalty points by engaging with the testnet point system on Galx titled, Prophecy of Light. Participants can earn Galx loyalty points by engaging with the testnet, which can be redeemed for future rewards on the Apollo mainnet. For more information and to participate in the Apollo final testnet, visit APOYO testnet and join the Galx campaign. About Zeus Network Zeus Network transforms blockchain interaction by providing an interoperable solution for the Solana ecosystem. Powered by Solana Virtual Machine, SVM, Zeus Network empowers Zeus nodes to ensure robust security and seamless data exchange. This initiative clears the path for Solana to become the premier hub for all ecosystems, captivating millions of users across diverse blockchains. Facilitating interoperable communication among cross-chain DAPPs,

Zeus Network empowers liquidity and complex applications to seamlessly engage with Solana INA decentralized and permissionless environment, making it accessible to everyone. Website, Zeus on X, Apollo, Discord, Docs Contact Head of Communication Franck Kuopr at Zeus Network.Zai Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. And thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.