Ranking
Categories
Global Charts
Historical Snapshots
Bitcoin ETFs
Trending
Recently added
Gainers & Losers
Most Visited
Overall NFT Stats
Top Collections
Chain Ranking
Hot DEX Pairs
Spot
Derivatives
DEX
Feeds
Topics
Lives
Articles
Converter
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
News
Academy
Research
Videos
Glossary
Zephyr Protocol price ZEPH
12.83% (1d)
Zephyr Protocol to USD Chart
Loading Data
Please wait a moment.
Zephyr Protocol statistics
- Market cap
- $18,270,796
0.00%
- Volume (24h)
- $788,253
125.12%
- Volume/Market cap (24h)
- 4.31%
- Self-reported circulating supply
- 2,052,290 ZEPH
- Total supply
- 2,052,290 ZEPH
- Max. supply
- --
- Fully diluted market cap
- $18,270,796
Loading Data
Please wait a moment.
Zephyr Protocol community
Zephyr Protocol Markets
Loading data... |
Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Zephyr Protocol news
About Zephyr Protocol
What Is Zephyr Protocol?
Zephyr Protocol is a crypto-backed, over-collateralized, private, decentralized Stablecoin protocol; inspired by the Djed Protocol on a native Monero based chain, inheriting all privacy features for all assets. Launched on 29/05/2023.
Zephyr Protocol uses a three asset model: ZEPH, ZSD and ZRS.
ZEPH is the “Base coin” which is used as the collateralization in the stablecoin protocol as well as minting ZSD and ZRS by adding the equivalent ZEPH value to the reserve.
ZSD - Zephyr Stable Dollar - is a Private Stablecoin, backed by at least 400% equivalent value in ZEPH at time of minting.
ZRS - Zephyr Reserve Shares - is the “Reserve coin” which represents a share of the excess equity of the reserve. Users mint ZRS in return for adding ZEPH to the reserve. ZRS coins act as shares of the reserves excess equity and the value of ZRS is formulaically calculated in protocol. Simplified, the value of ZRS is correlated to the reserve ratio, dropping when reserves are low and increasing when reserves are high. To avoid dilution for the ZRS holders, there is a maximum reserve ratio of 800% at which time no more ZRS can be minted.
Reserve Provider Incentives
Leveraged Position: as ZEPH's value increases the amount of ZEPH each ZRS is redeemable for increases.
Collect Fees for Actions: When users mint or redeem ZSD and redeem ZRS they incur a fee which is added to the reserve.
Spot and MA Price Deviation: The value returned for performed actions is calculated by the worst price between the Spot and MA. This value discrepancy is added to the reserve.
Most Visited Cryptocurrencies
Trending
Zephyr Protocol Price Live Data
The live Zephyr Protocol price today is $8.90 USD with a 24-hour trading volume of $788,253 USD. We update our ZEPH to USD price in real-time. Zephyr Protocol is up 12.83% in the last 24 hours. The current CoinMarketCap ranking is #2840, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
If you would like to know where to buy Zephyr Protocol at the current rate, the top cryptocurrency exchanges for trading in Zephyr Protocol stock are currently XT.COM, MEXC, CoinEx, SafeTrade, and XeggeX. You can find others listed on our crypto exchanges page.