Introduction
zBTC is one of the ZPL-Assets empowered by Zeus Network's Zeus Program Library (ZPL), it is competitively designed to provide unparalleled seamlessness and cost efficiency in transferring values between Bitcoin and Solana.
With the first zBTC minted, zBTC provides Bitcoin holders and developers a solution to interact with smart contracts on Solana.
Key features of zBTC include
1:1 Bitcoin Peg with Trustless 2WP Mechanism zBTC maintains a secure and stable 1:1 peg with Bitcoin using a trustless two-way peg system, ensuring transparency and reliability across cross-chain operations.
Permissionless Accessibility Operates without centralized control or KYC barriers, enabling anyone to freely mint, hold, and use zBTC without third-party interference, empowering true financial freedom.
Cold Reserve Backing for Stability All Bitcoin backing zBTC is locked on-chain, providing unparalleled stability and transparent security for users and stakeholders.
Decentralized and Freeze-Resistant Infrastructure Built on decentralized infrastructure, zBTC ensures uninterrupted access to assets without the risk of freezes or censorship, offering users complete financial sovereignty.
Seamless DeFi Integration on Solana Unlocks yield opportunities for Bitcoin holders through staking, lending, liquidity provision, and other DeFi strategies, seamlessly integrating Bitcoin liquidity into Solana ecosystem.
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