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Zephyr Protocol serves as a digital currency ecosystem that aims to bridge the often-conflicting concerns of privacy and stability in the cryptocurrency sector. As more users turn to digital currencies for transactions, the demand for a stable, private means of exchange grows. To meet this need, Zephyr Protocol consists of three primary assets:
ZEPH (Base Asset): Acting as the cornerstone of the Zephyr ecosystem, ZEPH serves as the primary medium of exchange, providing the underlying collateral required for its stablecoin (ZephUSD) and reserve coin (ZephRSV).
ZephUSD (StableCoin): Designed to maintain a stable value correlated to the US dollar, ZephUSD incorporates the essential privacy attributes of Monero, granting users the ability to transact without compromising their privacy.
ZephRSV (Reserve Coin): These coins are minted when users deposit ZEPH into the protocol. The value of ZephRSV is derived from a formula that is aligned with the current status of the reserve, further tracking the stability and resilience of the protocol.