Let's talk about Zephyr

[Anonymous No.55478136]

I am only going to make one of these, unless there's interest.

But I'd like to introduce /biz/ to Zephyr, a recently launched (June 1) Monero fork that seeks to combine the privacy of monero with a stablecoin (in this case Djed).

What is the market missing right now? A decentralized stablecoin. We all use tether, but nobody knows if or when the rug can be pulled.

Wouldn't it be good to have options?

[Anonymous No.55478153]

Zephyr (ZEPH), an overcollateralized privacy POW layer-1 stablecoin, $ZEPH is used to maintain the peg
>can’t hyperinflate like LUNA,
>builds on Monero and DJED technology >testnet targeted at 1st of August

Website
>https://www.zephyrprotocol.com/

Shillthreads
>https://twitter.com/DexerXP/status/1672429192498262017
>https://twitter.com/QueenBsobo/status/1672423169540624384

Tokenomics:
>450k circulating + 500k treasury/premine (which is technically unlocked) 18.4m total supply

Emissions:
>less inflation than Monero, currently takes about 100 days to 2x the circulating supply, 200 days if treasury is included

Ways to buy: no KYC required on current CEXs

>txbit
Txbit has best liquidity, deposit USDT (BSC), non-KYC daily withdraw limited to $500 on USDT/BTC/ETH, currently no withdrawal limits on $ZEPH but might change later
>tradeogre
>xeggex
>sevenseas

If liquidity is an issue, there's an OTC channel on Discord

[Anonymous No.55478177]

>>55478136

whats the point of buying a stablecoin bro.

we here to Make money not see it stat 1$ and probably rug sometime in the future

[Anonymous No.55478178]

What about the team?

Well it's a monero fork so don't expect doxxed devs.
Two guys so far, excellent command of english and a technical background.

They are responsive in the discord and telegram, have conducted two AMAs already and have been transparent about using the treasury so far.

They sold 2.5k of the premine for the Txbit listing.

Obviously the team could rug at any moment, but that's the risk. High risk, high reward,

Pic rel is an excerpt of the wp so you know this is all planned out

I'm not even going to pretend to understand most of it.
>https://www.zephyrprotocol.com/s/Zephyr_Whitepaper_v1.pdf

[Anonymous No.55478189]

>>55478177
No my friend, you have it wrong.
Zeph is not a stablecoin. there will be ZEPHUSD as the stable.

Zeph is speculative and has already gone from 50c to $4.80

It's currently dipped backed to $1.60 so I'm not trying to shill you at ATH.

[Anonymous No.55478218]

Why buy?

Well, the total MC including the premine is not even 1.6m

That is fucking tiny

Even if this doesn't deliver it's got a speculative capability to hit $10-20m in a bear, but what if it actually works?

What if Zephyr is able to take a share of the stablecoin market?

It's certainly got the hashrate to back it up.
So much so that a large chunk of monero hashrate has already diverted to zeph because of how profitable is it.

Those larger Monero pools are insta dumping because they only care about money, so there is really nice distribution going on right now

See
>https://miningpoolstats.stream/

10% of Moneros.. at 1.6m MC
You know the network is going to be secure, at least

[Anonymous No.55478244]

Want to discuss? Come over the tg, or discord, or don't

Keep talking about stinky link or scam erc tokens I don't care..

Meanwhile, some of the biggest miners in the game are already in on this and a lot of them aren't selling.

High risk, high reward

And yes, I stole monerochan to make this meme.
What are you going to do about it monerofaggots, I'm going to make more too

[Anonymous No.55478249]

Will spam a few memes, if I get no bumps then let the records show /biz/ had an opportunity on something early.

If it rugs, oh well at least I tried.

[Anonymous No.55478272]