Zeeve is thrilled to announce partnership with RuneVM, the pioneering Layer2 rollup solution, for upcoming launch of their DeFi-focused ZK Stack chain. Zeeve is supporting RuneVM as their trusted Rollups-as-a-service (RaaS) provider.
RuneVM is designed to bring cutting-edge ZK Rollups innovation to Bitcoin, unleashing its potential to the fullest, thereby fostering development of future-proof DeFi use cases on the network. RuneVM blends Bitcoin’s untapped liquidity, high-staked security and decentralization with ZK Rollups’ features such as increased scalability, reduced gas fee, ZkSNARK-based security to offer a network optimized for complex assets and applications. Additionally, RuneVM offers an innovative asset management and interaction layer that allows for applications of Runes in versatile options, from loan platforms to trading & exchange solution, yield farming, staking platform, and a lot more.
The new Layer2 chain will serve as a modular ZK Stack Hyperchain, launched and managed by Zeeve RaaS. Mainnet for the chain is expected to be live by the end of Q4, 2024. The network will introduce a dual-token economy, using native BTC as gas and $RUNEVM as utility token. The ZK Stack chain will be dedicated to DeFi applications that are seeking to build on the Bitcoin network without encountering the legacy challenges of scaling, interoperability, and high gas cost. This means that startups, enterprises, and independent web3 projects can now build confidently on Bitcoin while benefiting from Zk Stack’s hyper scalability, extremely low fees, and cross-chain connectivity.
“We’re excited for our collaboration with RuveVM. Bitcoin, although holds the gold standard in terms of security and decentralization, its adoption in DeFi is quite shrinked at the moment. We strongly believe that RuneVM’s groundbreaking ZKRollup technology will drive positive momentum to unlock new-age possibilities. Our strategic partnership with RuneVM is a testimony that Zeeve RaaS will ensure performance and availability for their Zk Stack Layer2, keeping it ready for future challenges and opportunities”.
Dr. Ravi Chamria
CEO & Co-founder, Zeeve
We are thrilled to join forces with Zeeve to usher in a new era of DeFi on Bitcoin with RuneVM. This partnership enables us to harness the power of ZK Rollups, delivering scalability and interoperability on an unprecedented level. With RuneVM, we are transforming Bitcoin into a dynamic ecosystem for the future of decentralized finance, providing groundbreaking opportunities for developers and users worldwide. We’re ready to redefine the boundaries of what’s possible on Bitcoin.
CEO, RuneVM
As a RaaS provider, Zeeve is offering its comprehensive services and custom solutions to simplify launch, management, and scaling of RuneVM’s ZK Stack Layer2. Zeeve takes accountability for each aspect, be it seamless nodes onboarding, modular integrations, or 24/7 infrastructure monitoring. With proper Enterprises SLAs, we ensure 99.9% uptime and availability for RuneVM’s chain. Additionally, Zeeve will offer custom staking UI, Bridge UI, and TraceHawk as custom block explorer for their ZK Stack Layer2. Each of these components will be monitored on Zeeve’s end, offering peace of mind to the RuneVM team and their users.
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