ZEPH to EUR Converter
How much Euro ( EUR) is 47.17 Zephyr Protocol ( ZEPH)?
Zephyr Protocol
ZEPH
Euro
EUR
Last update: Refresh
How does it work?
The Morpher currency calculator allows you to convert a currency from Zephyr Protocol (ZEPH)
to Euro (EUR) in just a few clicks at live exchange rates.
Simply enter the amount of Zephyr Protocol you wish to convert to EUR and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 ZEPH, 5 ZEPH, 10 ZEPH, 50 ZEPH etc.
Trade ZEPH on Morpher with zero fees and infinite liquidity
We rebuilt financial markets from the ground up on the Ethereum Blockchain. All in the pursuit
of the perfect trading experience.
Quick facts about Zephyr Protocol
What is the project about?
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.
What makes your project unique?
First Native Chain implementation of the Djed Protocol.
First private Over-Collateralized stablecoin protocol
History of your project.
Launched on 29/05/2023 - Grassroots community - no VC funding
What’s next for your project?
Public Testnet for Djed implementation is soon.
Q4 2023 mainent hardfork for Djed Implementation
What can your token be used for?
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.
Reserve Provider Incentives
Leveraged Position: as ZEPH's value increases the amount of ZEPH each ZephRSV is redeemable for increases.
Collect Fees for Actions: When users mint or redeem ZephUSD, 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.
Block Reward: A portion of the block reward is added to the reserve directly which serves as a pseudo-staking reward mechanism
ZEPH Price Chart
Sorry! We can’t find a chart for this market.
Related Crypto Assets
Assets
USD
EUR
GBP
CAD
TRY
INR
ZEPH to EUR price stats
24hr
6.48%
7d
-22.86%
30d
73.98%
Over the past 30 days, Zephyr Protocol has gained 73.98% to EUR. The trend and price charts for the past
week shows that ZEPH has dropped -22.86% to EUR and over the past 24 hours, ZEPH has gained 6.48% to
EUR.