TLDR:
- Zeus Network secures $8 million in funding to enhance the Solana blockchain platform.
- Investors include leading venture capital firms and angel investors.
Zeus Network has secured over $8 million in investments from a number of leading venture capital firms and angel investors to enhance the Solana blockchain platform. Among the investors are notable firms such as Mechanism Capital, OKX Ventures, UTXO Management, and more. The network aims to connect different Web3 ecosystems using the Solana Virtual Machine (SVM) and a proprietary layer of nodes called the Zeus Layer, facilitating secure and efficient data exchange between Solana and other major blockchains such as Bitcoin, Ethereum, and BNB. With a large community of 83,000 members on Discord and 120,000 on Twitter, Zeus Network is set to launch its $ZEUS token on the first-ever Jupiter LFG Launchpad. This launch is part of a strategy to engage the community and offer rewards to active participants. The first dApp released on Zeus Network, APOLLO, aims to bridge liquidity between Bitcoin and Solana, showcasing the network’s innovation and contribution to the DeFi ecosystem.
The Zeus team expresses gratitude to the ZEUS community and Jupiter holders who exercised their decentralized governance rights and will be able to claim $ZEUS. The allocation for the $ZEUS airdrop is set at 3% of the total supply for Jupiter voters, zuPoint holders, and Dappie Gang holders. The $ZEUS token is set to launch on April 4th on the Jupiter LFG Launchpad, with 50,000,000 tokens available for a duration of 72 hours. Zeus Network aims to transform blockchain interaction by providing an interoperable solution for the Solana ecosystem, empowering liquidity and complex applications to seamlessly engage with Solana in a decentralized and permissionless environment.
