Zeus Network and Animoca Ventures Boost Bitcoin Liquidity on Solana

Zeus Network, a Solana-based popular multichain layer for dApp development, has announced its collaboration with Animoca Ventures, a well-known platform backing early-stage Web3 , crypto, and blockchain firms. The partnership targets to drive Bitcoin ($BTC) liquidity within the Solana ecosystem. The platform took to its official X account to disclose this endeavor.

Zeus Network Partners with Animoca Ventures to Provide Bitcoin Liquidity Across Solana’s Ecosystem

Zeus Network considers this development to be a crucial step in its mission to incorporate $BTC liquidity into the rapidly evolving DeFi platform of Solana. As a part of this partnership, Animoca Ventures is taking place the latest ZeusNode Guardian. In this respect, it will reportedly play a noteworthy role in boosting the Bitcoin liquidity across the Solana ecosystem. Hence, this move reinforces the scalability and decentralization of the platform.

With its latest position, Animoca Ventures is joining a leading Guardians roster, taking into account Zeus Foundation and Mechanism Capital. Subsequently, it secures Bitcoin-to-Solana transfers via $ZEUS delegation. Particularly, ZeusNode Guardians work by disseminating validation throughout reliable entities. This ensures resilient security and unparalleled interoperability. Additionally, Zeus Network leverages a decentralized validator set to improve efficiency and reliability of $BTC transfers on Solana.

Offering Latest Opportunities for DeFi Protocols

As a result of this, endeavor decreases the counterparty risks, enhancing consumer confidence. After getting support from Animoca Ventures, Zeus Network has opened above 150 $BTC in capacity on the Solana ecosystem. Overall, the integration of Bitcoin liquidity permits Zeus Network to offer exclusive opportunities to benefit DeFi protocols.

According to Zeus Network , the collaboration with Animoca Ventures focuses on establishing a relatively permissionless and interconnected financial future. With the addition of more institutions in the network, Zeus Network endeavors to achieve its objective of offering Bitcoin liquidity on Solana.