Zeus Dex has officially launched its innovative multi-chain decentralized exchange (Dex). Built with Layer One X’s innovative multi-chain X-Talk technology. X-Talk enables seamless cross-chain trading without the need for traditional bridges. In 2022 alone, over $2.6 billion was lost to bridge hacks, highlighting the security vulnerabilities of existing cross-chain solutions. Moreover, liquidity fragmentation has been a significant pain point for DeFi users, as liquidity is often dispersed across multiple ecosystems, making it difficult for users to access the best rates and maximize returns. Zeus Dex aims to solve these issues by offering a unified decentralised trading platform where users can effortlessly trade assets across EVM and Non-EVM chains like Ethereum, Solana, Arbitrum, Binance Smart Chain, Tron and more.

Zeus Dex’s key features include Multi-Chain Balancer Pools, allowing users to create or participate in pools with assets from EVM and Non-EVM chains like ETH-SOL, ETH-BNB, and more, providing deep liquidity across networks. Additionally, the platform offers a user-friendly zapping feature, simplifying the process of moving funds between different blockchain ecosystems, making multi-chain DeFi more accessible than ever.

With $4.5 million in initial liquidity, Zeus Dex is set to provide users with enhanced trading capabilities, secure transactions, and a seamless experience across multiple chains. Single staking Liquidity pools for multiple networks are in place to provide liquidity for swaps and the fees are distributed back to the token holders. ~30% of the liquidity in DeFi is fragmented and Zeus Dex aims to market to users on all chains as well as other De-Fi Projects. Additional features will be rolled out, including multi-chain lending and borrowing, auto compounding and Omni-Chain user credit score building systems in partnership with other DeFi protocols.

Zeus Dex’s Tokenomics have been structured to ensure sustainability, and incentivize long-term platform growth:

1. Team allocation: 20% of the total supply is reserved for the core team and advisors.
2. Initial sale and incentives: 35% is allocated initial token sale and liquidity provisioning across various pools. 
3. Public distribution: 10% will be made available through a public sale.
4. Treasury & development fund: 15% is set aside for futured development and ecosystem incentives.
5. Marketing & partnerships: 20% is reserved for marketing efforts and strategic partnerships.

Zeus Dex has an innovative two-phase token sale. In Phase B (Sept24 to Oct24), tokens are available for purchase at $0.03 each, with the sale lasting for two months. After Phase B, 25% of the participants’ tokens will be unlocked, and these will have priority for sale to Phase C (Nov24 – Dec24) participants at a price of $0.075. Additionally, during Phase B, participants will benefit from a 165% APR, which will be distributed daily, incentivizing continued liquidity provision and staking in the platform. This unique structure ensures a balanced reward system and supports liquidity growth across the Dex. For the timeline of phase B and C, ZDX holders will be able to stake their ZDX into a single staking pool that will provide SZDX as rewards, that can be traded with L1X, ETHUSDC and BSCUSDT.

Zeus Dex has created a global liquidity pool that projects from any network can access by integrating with its cross-chain contracts, secured by the X-Talk infrastructure. This setup enhances trading volumes for liquidity providers, allowing them to earn fees not only from the Zeus Dex platform but also from external applications that connect to it. The objective is to provide a global liquidity infrastructure enabling Zeus to be a powerhouse of cross-chain liquidity management and provisioning solutions. Zeus has already commenced integrating with multiple applications to provide its initial and incoming liquidity to generate fees. Zeus Dex is aiming to leverage Bitcoin Integration into cross-chain capabilities to be powered by X-Talk infrastructure from Layer One X.

Compared to bridges, X-Talk uses less contracts and is more secure with cross-chain contract calls making transactions done with Zeus lower in fees, secure and faster. With more than $10 billion being paid in liquidity mining across DeFi protocols and ~30% of the TVL (Total Value Locked) being fragmented, Zeus Dex aims to target this market promoting bridgeless multi-chain liquidity movement and management.

Zeus Dex is live at https://www.zeusdex.pro/