Zephyr Protocol (ZEPH) Live Price and charts Today

1 Zephyr Protocol (ZEPH) Price Today in USD is $9.7370

Zephyr Protocol (ZEPH) = $9.7370 USD

Zephyr Protocol (ZEPH) all-time high (ATH) is $52.33 USD

The maximum supply of Zephyr Protocol (ZEPH) is Unknown

Zephyr Protocol (ZEPH) 24h volume is $711.67 Kilo USD

Zephyr Protocol (ZEPH) Market Cap is $22.84 Million(s) USD

Zephyr Protocol
$9.7370
-3.86%
Time Interval :
Time Range :
  • .csv
  • .xls
  • .xlsx
  • Rank #720
  • Market Cap -4.94% $22,843,570
  • 24H Spot Volume 108.66% $711,669.00
  • 24H Volume / Market Cap +200.00%+3.00%
  • Circulating Supply 2,346,064.17
  • Total Supply 2,346,382
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID zephyr-protocol copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) https://explorer.zephyrprotocol.com/
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
    • icon
About ZEPH Roadmap & Milestones
Zephyr Protocol ($ZEPH) is an over-collateralized, crypto-backed algorithmic stablecoin system, a concept refined through the Djed Protocol.

Zephyr Protocol is an Over-Collateralized Private Stablecoin Protocol inspired by Djed Protocol on a native Monero based chain, inheriting all privacy features for all assets. Zephyr Protocol uses a three asset model: ZEPH, ZephUSD and ZephRSV. 

ZEPH is the Base coin which is used for the collateralization in the stablecoin protocol as well as minting ZephUSD and ZephRSV by adding the equivalent ZEPH value to the reserve. 

ZephUSD is a Private Stablecoin, backed by at least 400% equivalent value in ZEPH at time of minting. ZephRSV is the Reserve coin. Users are rewarded with ZephRSV when they add ZEPH to the reserve. ZephRSV coins act as shares of the reserves equity and the value of ZephRSV is formulaically calculated in protocol. Simplified, the value of ZephRSV is correlated to the reserve ratio, dropping when reserves are low and increasing when reserves are high. To avoid dilution for the ZephRSV holders, there is a maximum reserve ratio of 800% at which time no more ZephRSV can be minted.

Expand
Related News
Curve's Native Stablecoin $crvUSD Deployed on Mainnet Curve's Native Stablecoin $crvUSD Deployed on Mainnet
Decentralized Stablecoins $DAI, $FRAX, $USDD Drop Over 7% in 24 Hours Decentralized Stablecoins $DAI, $FRAX, $USDD Drop Over 7% in 24 Hours
Latest News More More
8 Hours Ago DA Project Avail Confirmed Token Airdrop Plan
9 Hours Ago Tether to Launch New Businesses, Tether Data, Tether Finance, Tether Power, and Tether Edu
1 Day Ago Lido Finance Implemented Simple Distributed Validator Technology (DVT)
1 Day Ago Real Opportunity for Runes only Comes After the Initial Hype
1 Day Ago Worldcoin Announced "Human Centric" Blockchain World Chain
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open