Zoth is a marketplace for stablecoins where users can invest their stablecoins in various pools to earn rewards. Although stablecoins may seem less risky, users should understand that they are investing their money in RWAs - real world assets. To be honest, I do not like this type of asset in crypto, or at least what we have now. Zoth presents similar concerns to me as USDR. It appears to be a blackbox in the crypto space, and I dislike that because you cannot easily verify the real value of this asset or which company evaluated the underlying assets. I suppose this is a significant problem and risk. For instance, users cannot verify if the real world asset actually exists or not. Of course, Zoth can provide some related material, but the question remains open. Moreover, I don't like that Zoth is focusing on Emerging Markets, as it introduces additional risk, making it easier to lose these RWAs. Furthermore, their TVL for one existing pool is $1, which is quite funny. As a result, this project doesn't appear credible to me. Show Less
1
Disclaimer: The content presented on this website, including any analyses, reviews, and ratings, is provided for informational purposes only and should not be considered financial advice. Cyrator does not endorse or recommend any financial transactions or investments based on the information available on this platform. Visitors to this site should perform their own due diligence and consult with a professional financial advisor before making any investment decisions. Cyrator is not liable for any actions taken, financial or otherwise, based on information or links from this website.