Spider Swap and Zeus Network presented their services in today's Monkey Monday Spotlight. Spider Swap is a Solana-based swap aggregator focusing on contributing back to the community, offering a faster, cheaper service by redirecting fees to stakeholders, and planning future tiered systems. Zeus Network seeks to bridge Bitcoin to Solana and is poised to increase liquidity significantly within the ecosystem, emphasizing community involvement as a key factor in its approach.

Spider Swap

Introduction

Spider Swap was presented as an aggregator with the goal of starting on Solana. A key aspect is to offer an aggregation service that is by the community and for the community - faster, cheaper, and accessible for everyone. The nominal fees collected are partially returned to stakeholders, contributing back to the community.

Team and Project Origin

The Spider Swap project has volunteers at its core. Many involved initially on a voluntarily basis, indicating a philanthropic side to the project’s beginnings. It's emphasized that as things mature, the model may evolve, but the commitment to contributing back to Solana, inspired by Monkey DAO, remains strong.

Future Plans

The Spider Swap team aims to address some existing ecosystem challenges, such as avoiding NAVY sandwich attacks. Partnering with projects like Helios for backend support, they focus on fast swaps and a comprehensive pool accessibility. Plans include tiered systems for token holders, and they have a backer program in place.

Community Involvement

Built with a community focus, Spider Swap intends to govern certain parts of their processes through community decisions. Starting with charity fund allocation, they plan to closely involve the community while also ensuring a strategic direction by the core team.

Zeus Network

Introduction

Zeus Network is heavily focused on creating a bridge between Bitcoin and Solana, aiming to revolutionize the way Bitcoin holders can interact with the Solana ecosystem. The discussion emphasized how Zeus Network enables native Bitcoin to perform transactions within Solana, validated by Solana consensus, and envisages significant bitcoin holders and miners as primary users.

Approach and Impact

Zeus Network's approach is unique; it focuses on creating a permissionless layer allowing Bitcoin to securely interact with Solana. This inclusion could lead to a substantial liquidity shift towards Solana, benefitting not just Zeus Network but the entire ecosystem.

Community and Ecosystem

Projected launches and airdrops are on the horizon, targeting early members and Dappy Gang holders. The discussion highlighted the importance of community and not leaving early supporters behind. Integrations with significant Bitcoin layers are expected to further entrench Zeus Network's role within the crypto space.

General Discussion and Closing

Both Spider Swap and Zeus Network shared their plans and product overviews. The emphasis on community involvement and giving back was a theme throughout. The recordings concluded with a Q&A, providing both projects the opportunity to elaborate on their operations and goals.