One day, Zeus tasked Apollo and Calliope to craft a poem that would immortalize the gods’ glory. Together, they wove a masterpiece, blending Apollo’s melodic gifts with Calliope’s epic verses.
Summary
As we approach the final month of the Muses Upgrade, we’re proud to announce the successful launch of the final APOLLO testnet. This marks the final step in bringing Bitcoin to Solana. Our Zeus Dev Team remains committed to focusing on security and efficiency with such an important mission.
On the communication front, we’re emphasizing Solana’s strengths and capabilities to encourage more users to appreciate its benefits. Thanks to comprehensive educational content from SolanaFloor, we’ve reached about 17k potential new Solana believers.
Non-tech: Recapping recent highlights
𐓷 APOLLO Testnet: ZWG Testing Period
To ensure a better experience for public testers, the Zeus Working Group (ZWG) is testing the newly launched APOLLO Testnet. They aim to identify bugs, provide suggestions, and propose new ideas to optimize the first dApp built on the Zeus Program Library (ZPL).
- Launch dApp: APOLLO Final Testnet
𐓷 Muses’ Atelier: Participate to learn and win
Muses’ Atelier is more than a short-term campaign; it’s a sustainable hub for art and literature designed to nurture talent. Join the campaign to learn new AI tools and creation techniques, and connect with other talented individuals.
If you have a talent to share, open a ticket on Discord to submit your work and educational tutorial. We have the perfect platform for your talents to shine!
Muses Task Force coming soon…
- Join now: Muses’ Atelier on Galxe
𐓷 This summer… is going to be hotter
The growing interest from the traditional finance sector, coupled with approval for ETFs, signifies an entry point for a wider audience to access cryptocurrency as a new investment alternative. As demand grows, the inevitability of a Bitcoin-earning flywheel is clear.
Bitcoin originally existed for trustless ownership and value preservation. Earning interest was never a priority for Bitcoin holders. But how do we meet the growing desire for more?
With the partial approval of the ETH ETF, supporters are eagerly waving the “SOL Next” flag. The blockchain positioned closest to retailers and consumers are now queued to push cryptocurrency adoption worldwide.
By the summer of 2024, Zeus Network is going to explore the possibilities for Bitcoin holders to safely earn interest on their assets and support the “SOL Next” campaign for newcomers on the web.
Exciting campaigns and partnerships are coming soon…
Zeus Network
Successful Connected
With the recent launch of the APOLLO testnet, users can now see their personal dashboard, which displays the deposited amount of $tBTC, asset position, and transactions. This demonstrates that the testnet version of Zeus Node is functioning smoothly:
- Users deposit $BTC on the Bitcoin blockchain.
- The Zeus Node receives the transaction of the deposit.
- The transaction is verified by Zeus Node and broadcasted to Solana.
- Users receive 1:1 pegged $zBTC on Solana.
With the tunnel opened, we’ve enabled the presence of $BTC on Solana. This marks the first time Bitcoin has been connected to Solana in a permissionless way.
Work-in-progress
Zeus Node Singleton Mode: ⛃⛃⛃⛃⛃⛁⛁⛁⛁⛁ (50%)
The Zeus Node is the key to enabling permissionless Bitcoin to Solana communication.
$zBTC Withdrawal: ⛃⛃⛃⛃⛃⛃⛃⛃⛁⛁ (85%)
The withdrawal function is currently a work in progress. We expect it to be ready for testing within the next few weeks.
APOLLO
The testnet is still under review by the team to optimize both the user experience and the interface. Our ZWG is working on it daily to improve it.
Work-in-progress
Leak UI mock-up: ⛃⛃⛃⛃⛃⛃⛃⛃⛃⛁ (90%)
- The User Interface (UI) is upgraded daily as the ZWG diligently identifies issues and implements necessary improvements.
Two-way Peg Program: ⛃⛃⛃⛃⛃⛃⛃⛃⛁⛁ (80%)
- The crucial program for stabilizing assets across two different ecosystems is prepared and currently undergoing testing. We are also reevaluating the provision of liquidity on the Solana side.
Liquidity Management Program: ⛃⛃⛃⛃⛁⛁⛁⛁⛁⛁ (40%)
- To generate returns for your $zBTC, we are actively engaging in discussions with top DeFi protocols on Solana.
Bitcoin Wallet Integration: ⛃⛃⛃⛃⛃⛃⛁⛁⛁⛁ (60%)
- We’re examining potential partnerships with wallet providers to serve users in certain areas better.
Starting Dates for Testing Period (Updated)
- ZWG Testing: Ongoing
- Alpha Testing: June 17
- Muses Testing: June 24
- Public Testing: July 1
Conclusion
As we near the completion of the Muses Upgrade, our team is eagerly tackling this significant challenge. We’re excited to share that we’re making steady progress in developing the first-ever communication layer linking Solana to Bitcoin.
We confidently expect to launch the Mainnet beta in Q3 2024. This will be a landmark event as $BTC will be brought permissionlessly to Solana for the first time.
Keep an eye out for our latest updates!
