Solana transaction layer Bullet has been launched on Testnet

Foresight News reported that Solana trading-specific layer Bullet has announced the launch of its testnet. The official statement indicates that its native Token will evolve to be used for gas fees and Node operations in the future. After the Mainnet launch, Zeta Markets Token will migrate to Bullet at a 1:1 ratio. The Tokenomics of Bullet Token show that 20% of the Tokens will be used for ZEX Token circulation supply conversion, 20% will be allocated for community rewards, 22.5% will be allocated to the treasury (future Airdrops will come from here), 17.5% will be allocated to investors, and 20% will be allocated to the team. In a previous report by Foresight News, Tristan Frizza, co-founder of Zeta Markets, mentioned at the Solana Breakpoint conference that Zeta Markets is incubating and developing the Solana L2 project, Bullet, and ZEX stakers will have early access opportunities.