Zephyr Protocol, stemming from the pioneering Djed Protocol, introduces an inventive, over-collateralized stablecoin approach. By seamlessly integrating the proven mechanisms of Djed with the strong privacy attributes of Monero, Zephyr establishes the first-of-its-kind overcollateralized stablecoin with a focus on privacy.
Distinguished by its unique triple-asset model, Zephyr Protocol introduces an extra layer of stability and security. The protocol integrates three tokens: $ZEPH, $ZSD, and $ZRS.
$ZEPH takes center stage as the primary token.
$ZSD is an over-collateralized private stablecoin secured by $ZEPH.
$ZRS signifies a share of equity in the protocol’s reserve, providing a stake in the financial well-being and success of the protocol.
Besides, Zephyr employs a cryptographically robust system that enables users to send and receive funds without revealing transactions easily on the blockchain. Show Less