This is cool, $ZEPH on CoinMarketCap was just yesterday, but it's already up 40X from September! 👀 Zephyr Protocol has a very unique way of managing its assets:
▪️ There is a triple asset model: $ZEPH (real currency), $ZSD (USD-like stable coin), and $ZRS (reserve token).
▪️ They use Monero code for privacy and stability features.
▪️ Don't spontaneously create base coins, so stabilize $ZSD through scheduled emissions from $ZEPH.
▪️ Very different from fiat stable coins in terms of structure, issuance process, decentralization and transparency.
▪️ The protocol opens global access without regional restrictions or regulations.
▪️ @zephyr_org is in the private net test stage, already 90% complete, wants to go to the public net test stage as soon as possible.
▪️ The long-term steps are: revolutionize the stable coin industry, promote anonymous transactions, and make $ZSD a pair.
