LFG AMA

Banx Overview

• Background: Banx started as an NFT project and evolved into focusing on NFT lending to bring utility to the Solana NFT space.
• Challenges: The team highlighted the challenges of building on a new chain like Solana and the importance of NFT and Solana's success for their project.
• Community and Education: Emphasized the role of community building and education in their growth strategy. Recently launched the Banx.edu protocol to enhance user understanding of their platform.
• Future Plans: Looking to expand offerings beyond NFTs, exploring liquid staking and USDC loans.

Zeus Network Overview

• Mission: Zeus Network aims to link Solana and Bitcoin, leveraging the strengths of both to create a high-performance decentralized trading environment.
• Technical Approach: Utilizing Solana's virtual machine (SVM) for seamless and permissionless communication between the two chains.
• Challenges: Addressed the complexity of creating a communication layer between different blockchains and the need for a secure, decentralized solution.
• Future Vision: Envisions a future where multiple blockchains can communicate and interact seamlessly through Zeus Network, with a focus on security and decentralization.

Key Takeaways

• Both projects are focused on bridging gaps in the ecosystem—Banx in NFT lending and Zeus in blockchain communication.
• Emphasized the importance of community, transparency, and delivering value to users.
• Looking forward to expanding their offerings and exploring new opportunities in the evolving crypto landscape.