Use case: zBTC

zBTC: Unlocking Bitcoin’s Full Potential

At the heart of APOLLO is zBTC, a permissionless Bitcoin asset that transforms Bitcoin into an interoperable tool for diverse yield opportunities. Here’s why zBTC stands out:

• Peg 1:1 with Native Bitcoin: Maintains a secure 1:1 peg with Bitcoin through a trustless two-way peg system.

• Permissionless / No KYC: Eliminates reliance on centralized entities, removes KYC barriers, and ensures uninterrupted access to assets with a permissionless experience.

• Sustainable on-chain Yield: Unlocks on-chain yield opportunities in staking, lending, liquidity providing, and more within Solana’s DeFi ecosystem.

On December 30, 2024, APOLLO minted the first batch of zBTC, marking the start of trustless cross-chain Bitcoin liquidity on Solana: Explore zBTC on Solscan

• Launch dApp: APOLLO