We are pleased to announce our strategic partnership with Zulu Network, a Bitcoin Bitcoin ZK Protocol utilizing ZK-Powered Architecture.
This collaboration will introduce Satoshi Protocol's stablecoin, $SAT, to the Zulu Ecosystem, integrating with DEX and Lending platforms.
What is Zulu Network?
Zulu Network is a ZK Bitcoin Protocol featuring a Dual-layer architecture and trust-minimized BitVM bridge:
ZuluPrime (Layer 2): An EVM-compatible layer supporting DeFi applications and financial services on the Bitcoin network.
ZuluNexus (Layer 3): A layer focused on UTXO-based innovations, providing advanced features for Bitcoin while maintaining compatibility with account-based systems.Key Technologies:
- ZK-Powered Architecture: Enhances scalability and privacy.
- BitVM Contribution: Zulu Network contributes to BitVM, launching the first trust-minimized Bitcoin bridge.
- Seamless Bridge: Interconnects EVM and UTXO layers for swift asset transfers, verified by the Bitcoin Network.
Benefits for SAT Users
Ecosystem Synergy
Integration with Zulu Network will create synergies with DEX and lending platforms, enhancing the utility of SAT within the ecosystem.
Deposit BTC and Mint SAT
Users can deposit BTC and mint SAT on our protocol.
Borrow SAT at 0% Interest
Users can borrow SAT at 0% interest, leveraging BTC yield without selling Bitcoin.
We are excited to collaborate with Satoshi Protocol. Integrating our ZK-powered architecture with SAT will provide enhanced financial tools and opportunities for BTC holders, driving ecosystem synergy with DEX and lending platforms.
Luke – Founder of Zulu Network
Conclusion
The partnership with Zulu Network enhances the functionality and utility of SAT. By integrating Zulu's ZK-powered dual-layer architecture, we provide users with efficient and cost-effective ways to leverage their BTC holdings.
About Zulu Network
Zulu Network is a Bitcoin Layer2 platform with a ZK-powered dual-layer architecture to enhance Bitcoin's capabilities. It enables developers to deploy dApps on both EVM and UTXO layers, driving innovation in the Bitcoin ecosystem.
Website | Twitter | Documentation
About Satoshi Protocol
Satoshi Protocol is a revolutionary "universal" stablecoin protocol backed by Bitcoin. It allows users to deposit BTC or LST as collateral to mint the stablecoin $SAT on both Bitcoin mainnet and multiple L2s.
Website | Web APP | Twitter | Telegram | Discord | Docs | Blog