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The current real-time price of ZRS is --. In the past 24 hours, ZRS has traded between -- and --, showing strong market activity. The all-time high of ZRS is --, and the all-time low is --.
From a short-term perspective, the price change of ZRS over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of ZRS on LBank.--
The live price of ZRS today is --, with a current market cap of --. The 24-hour trading volume is --. The price of ZRS to USD is updated in real time.
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Before deciding whether to buy or sell ZRS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ZRS technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ZRS.
How much will ZRS be worth tomorrow, next week, or next month in ? What about your ZRS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ZRS Price Prediction
To learn more about ZRS, consider exploring other resources such as the whitepaper, official website, and other published information:
Zephyr Protocol Reserve Share (ZRS) is one of three core assets within the Zephyr Protocol ecosystem, alongside ZEPH (the foundational asset) and ZSD (the private stablecoin). ZRS represents a share of the equity in the protocol's reserve. Holders of ZRS are known as "Reserve Providers" and play a crucial role in maintaining the stability of the Zephyr Stable Dollar (ZSD).
ZRS is minted by adding ZEPH into the protocol's reserve, which helps bolster the collateral for the ZSD stablecoin. The Zephyr Protocol employs an over-collateralization mechanism, requiring a minimum reserve ratio of 400% of ZEPH to back ZSD at the time of minting, ensuring stability. ZRS holders are entitled to redeem their ZRS for their proportional share of the equity in the reserve.
ZRS holders receive a portion of the block reward and benefit from fees collected from minting and redeeming actions within the protocol. These incentives aim to encourage participation and investment, contributing to the protocol's stability and growth. Reserve Providers are essentially investing in the value and adoption of Zephyr Protocol.
Yes, Zephyr Protocol inherits all privacy features from Monero, a well-known privacy-focused cryptocurrency. This means that transactions involving ZEPH, ZSD, and ZRS are untraceable and unlinkable, ensuring the complete privacy of users within the protocol.
Zephyr Protocol is an innovative decentralized finance (DeFi) project inspired by and based on the Djed Protocol. It refines the Djed concept by combining its stability mechanisms with Monero's robust privacy features, creating the first over-collateralized, private, crypto-backed stablecoin protocol.
As with any digital asset investment, ZRS carries risks due to the volatile nature of the crypto market. While the over-collateralization aims for stability, the performance of ZRS is influenced by the value of ZEPH and the overall health and adoption of the protocol. ZRS cannot be redeemed if the protocol's reserve ratio falls below 400%, though it can still be traded on various platforms.
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