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Zeus Network Secures Funding to Enhance the Solana Blockchain

Apr 4, 2024

New York, New York, April 4th, 2024, Chainwire

Zeus Network has received an investment of over $8 million from various venture capital firms and angel investors to improve the Solana blockchain platform. Notable investors include Mechanism Capital, OKX Ventures, UTXO Management, Anagram, Animoca Venture, Portal Venture, Big Brain Venture, Comma3, Axia8, Lemniscap, Spartan, IVC, AppWorks, Rubik, CVVC, and Blockbuilders. Key angel investors consist of Anatoly Yakovenko, Muneeb Ali, and Andrew Kang.

Zeus Network aims to unite different Web3 ecosystems through the Solana Virtual Machine (SVM) and a unique layer of nodes known as the Zeus Layer. This framework is created to enable secure and efficient data exchange between Solana, Bitcoin, Ethereum, and BNB.

The network has established a substantial community with 83,000 Discord members and 120,000 Twitter followers. It was selected as the top project by the Jupiter community to launch its token on the Jupiter LFG Launchpad. This move is part of a strategy to engage the community and provide incentives to active members.

The first dApp, APOLLO, released on Zeus Network targets bridging liquidity between Bitcoin and Solana, highlighting the network's innovation and contribution to the DeFi ecosystem.

On April 4th, the $ZEUS token will be launched on the first-ever Jupiter LFG Launchpad. The Zeus team appreciates the ZEUS community and Jupiter holders who exercised their decentralized governance rights and are eligible to claim $ZEUS. The $ZEUS airdrop allocation is set at 3% of the total supply for Jupiter voters, zuPoint holders, and Dappie Gang holders.

  • Date: April 4th
  • Time: 9 am (EST)
  • Duration: 72 hours
  • Amount: 50,000,000 (5% of the total supply)
  • Launchpad site: Coming soon

About Zeus Network

Zeus Network revolutionizes blockchain interaction by offering an interoperable solution for the Solana ecosystem. Powered by Solana Virtual Machine (SVM), Zeus Network enables Zeus Layer nodes to ensure robust security and seamless data exchange. This initiative paves the way for Solana to become the central hub for all ecosystems, appealing to millions of users across various blockchains.

By facilitating interoperable communication among cross-chain dApps, Zeus Network enhances liquidity and enables complex applications to interact seamlessly with Solana in a decentralized and permissionless setting, making it accessible to all.

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