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The Great Crypto Escape's video: Why ZEPH could MOON 1000 ZEPH Zepher Crypto Review

@Why ZEPH could MOON 1000% (ZEPH Zepher Crypto Review)
Why ZEPH could MOON 1000% (ZEPH Zepher Crypto Review) Zephyr is a new cryptocurrency protocol that was released last year that intends to revolutionize the privacy and stable coin world Zephyr aims to correct the mistakes that have happened with past stable coins like Terra Luna, privacy coins like Monero, and even issues with current stable coins like Tether Zephyr is the world’s first private stable coin… meaning it will be great for buying drugs with.. In this video, I’m going to explain Zephyr and its native token Zeph I’m going to share how this crypto works The team behind it And the price potential for the future *********************************************************************** 🔥 Come check me out on Twitter: https://twitter.com/TheCryptoEscape 🔥 Check out how I learned to start an Online Business ➡️➡️➡️ http://mastersonmarketingsolutions.com/ *********************************************************************** The Zephyr project uses a proof of work model It is a fair launch project, meaning there was no Venture Capitalists and no pre-sales The Zephyr ecosystem consists of 3 different tokens The first token is the native token ZEPH Which is the foundational cryptocurrency of Zephyr Protocol, functioning as the base coin and decentralized protocol reserve asset in our Djed inspired stablecoin protocol. The second is ZephUSD, which is the over-collateralized, private stablecoin of Zephyr Protocol. Pegged to the US Dollar backed by $ZEPH in the decentralized protocol reserve, valued as $1 worth of $ZEPH. And the third is ZephRSV which represents a share of equity in the protocol’s reserve, these coins offer a stake in the protocol’s financial health and success. The Zephyr protocol is a collateralized stable coin protocol Meaning that the stable coin ZephUSD is not backed by real world assets but instead is backed by its sister token ZEPH This is in stark contrast to other stable coins like Tether and USDC which are both backed by real world assets in the form of US dollars Now if that rings some alarm bells for you!! It really should.. Because unless you were living under a rock the last couple of years, you most likely heard of Terra Luna Terra Luna was a collateralized stable coin that worked in much the same way as Zephyr works It became a hugely successful cryptocurrency in 2021 and it made many people millionaires, at least on paper anyway LUNA was the native token of the project, much like Zeph is on the Zephyr protocol While TerraUSD was the stable coin much like ZephUSD The system kept the price of TerraUSD pegged to the price of a dollar by a system of arbitrage Basically, LUNA was supposed to correct any fluctuations in the price of TerraUSD At any time, you could exchange 1 Terra for $1 of Luna Even if the one Terra was only worth 90c, you could exchange it for $1 of Luna The Luna ecosystem would print another Luna for you At the same time, users could stake their TerraUSD for an incredible 20% return per year 72% percent of all TerraUSD was staked in 2022 But that same year, a disaster happened Billions of dollars of TerraUSD was unstaked and sold into the market overnight This sell pressure led to the TerraUSD losing its peg to the dollar Panic hit the market and more and more people sold their TerraUSD Which lead to more and more LUNA being printed Overnight, TerraUSD and LUNA became almost worthless *********************************************************************** * If you purchase anything through a link in this video, you should assume that I have an affiliate relationship with the company providing the product or service that you purchase, and that I'll be compensated in some small way at no extra cost to you.

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This video was published on 2024-03-29 13:42:59 GMT by @Barry-Masterson---Entrepreneurial-Ideas on Youtube. The Great Crypto Escape has total 6.5K subscribers on Youtube and has a total of 75 video.This video has received 18 Likes which are higher than the average likes that The Great Crypto Escape gets . @Barry-Masterson---Entrepreneurial-Ideas receives an average views of 191.3 per video on Youtube.This video has received 7 comments which are higher than the average comments that The Great Crypto Escape gets . Overall the views for this video was lower than the average for the profile.The Great Crypto Escape #Crypto #ZEPH #zephyr has been used frequently in this Post.

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