Bitcoin on Solana? What’s the Deal?

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So, this Zeus Network, right? They’re claiming they built this whole thing called APOLLO. Supposedly it’s the first time Bitcoin, you know, actual Bitcoin, is on Solana. Like, can you believe that? Bitcoin on Solana? Who even thought of that?

They’re even launching this token, zBTC. It’s supposed to be a direct link from Bitcoin to Solana. No more wrappers, no more middlemen. Sounds too good to be true, am I right? They’re acting like it’s some revolutionary thing.

ITS LIVE @ApolloByZeus

First Bitcoin on-chain exchange on Zeus Ecosystem

The diagrams (attached) will demonstrate; how early the Zeus Ecosystem is, how early you are, and why we’re so excited for this year.

Turquoise = $wBTC, 3882

Blue = $cbBTC, 3061

Red = $zBTC. 50.43

Let…

— Justin | Zeus Network (@dappiokeeper) March 27, 2025

They say it’s all non-custodial and KYC-free. Sounds like a recipe for disaster if you ask me. What could possibly go wrong?

Apparently, this APOLLO thing already did like $40 million in volume during its private test phase. They minted 50 zBTC. Big whoop. I’ve seen more impressive numbers on a napkin.

Unlocking cross-chain DeFi

They’re trying to get zBTC into all these DeFi protocols on Solana. Jupiter, Raydium, Meteora, HawkFi… what are these things, anyway? And they even have this ZeusScan thing, which is supposed to show you that they have all the Bitcoin they’re claiming. Yeah, right. Like I’m going to trust some random scan.

Roadmap: swapping, lending, and more

They’ve got all sorts of plans for this APOLLO thing. Swaps, lending, borrowing. They want to bring Bitcoin into this whole DeFi world. It’s like they’re trying to force it. Let Bitcoin be Bitcoin!

Honestly, the whole thing just feels…off. Like a bunch of tech bros trying to figure out how to make a quick buck off of Bitcoin. I wouldn’t touch it with a ten-foot pole.

Let me know if you’d like me to rewrite it in a different style. 😜

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2025-03-27 17:36