$VETME || @VetmeToken โจ๐๏ธ
๐๐ฏ Advancing Towards Wave 3 Goal: Technical Aspects Stand Firm
โขAmid our ascent toward the Wave 3 goal, the technical foundations remain steadfast and unchanged.
Exciting Developments:
โข๐ฐ Impressive Volume Milestones:
โข@VetmeToken Accumulated nearly $800,000 USD in total volume.
โขA remarkable $300,000 USD generated this month on the $VetMe OTC Dex.
โข๐ณ Anticipated Impact of VetMe Pay:
โขThe upcoming VetMe Pay product is poised to amplify revenue and volume.
โขDesigned to address the complexities of cryptocurrency transactions in emerging markets, contributing to $VETME โs ongoing success.
I see $VETME as a strong contender this Bullrun. Are you holding? ๐น
I'm long-term bullish on $WOO so much to come for this one , if u pay attention to what the team has been doing and still doing ๐ you'd be convinced that $WOO is among the few projects which will break their all time high ๐
For $WOO i expect it , to attain at least $5 - $10 as peak bull run price easily . Remember :
- Launchpad is coming
- more partnerships/network
- more liquidity & volume
- More innovation , growth , listings and many others coming !
๐'๐ฆ ๐ก๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ๐ญ๐ซ๐จ๐ง๐ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐จ๐ง๐, ๐ฅ๐๐ญ๐ฌ ๐ ๐จ @WOO_ecosystem
๐Zephyr Protocol or How Djed and Monero Joined Forces to Create a Private and Stable Crypto System
$ZEPH $ZSD $ZRS @zephyr_org
A Deep dive on Zephyr's ecosystem๐
โถ๏ธPart 1: What is Zephyr and How Does It Work?
Zephyr is a digital currency that combines the principles of privacy and stability. It is based on the proven Minimal Djed protocol, with the added benefits of Monero's privacy features. In this thread, I will explain what Zephyr is, how it works, and why it is unique. (1)
Zephyr has three types of coins: $ZEPH, ZephUSD $ZSD, and ZephRSV $ZRS. ZEPH is the base coin, which is used as collateral for the stablecoin system. ZephUSD is a USD-pegged stablecoin, which maintains its value by being backed by at least 400% of ZEPH in the reserve. ZephRSV is a reserve coin, which represents a share of the excess equity in the reserve. (2)
Users can mint or redeem ZephUSD and ZephRSV in exchange for ZEPH. The price of ZephUSD is determined by a pricing oracle, which provides both a spot and a moving average (MA) price. The price of ZephRSV is calculated using a formula based on the current reserve data. (3)
When users mint new ZephUSD or ZephRSV, they add ZEPH to the reserve, increasing the collateralization ratio. When users redeem ZephUSD or ZephRSV, they withdraw ZEPH from the reserve, decreasing the collateralization ratio. The reserve is always ensured to be above 400%, which is the minimum required to maintain the stability of ZephUSD. (4)
If the collateralization ratio falls below 400% due to a drop in the price of ZEPH, the minting of new ZephUSD is halted, but the redeeming of ZephUSD is still possible. This creates a demand for ZephUSD, which helps to restore the collateralization ratio. (5)
If the collateralization ratio rises above 800%, the minting of new ZephRSV is halted, but the redeeming of ZephRSV is still possible. This protects the existing ZephRSV holders from dilution, as they are entitled to a proportionate share of the equity in the reserve. (6)
ZephRSV holders benefit from the fees collected from the minting and redeeming of ZephUSD and ZephRSV, as well as the price difference between the spot and MA prices. These fees and profits are added to the reserve, increasing the value of ZephRSV over time. (7)
Zephyr differs from DJED, the original minimal stablecoin protocol, by using two oracle prices instead of one. This is done to eliminate any potential advantages gained by manipulating the oracle price. Zephyr uses the worst price between the spot and MA prices for all calculations, ensuring fairness and security. (8)
Zephyr also inherits the privacy features of Monero, which is the base layer of the Zephyr blockchain. This means that all transactions involving ZEPH, ZephUSD, and ZephRSV are confidential and untraceable, protecting the users' privacy and anonymity. (9)
Zephyr is a novel and innovative stablecoin system that offers privacy, stability, and profitability. It is the first of its kind to combine the Minimal Djed protocol with the Monero privacy features, creating a unique and powerful digital currency. (10)
โถ๏ธ- Part 2: What are the Features and Functions of ZEPH, ZephUSD, and ZephRSV?
Zephyr has three types of coins: ZEPH, ZephUSD, and ZephRSV. In this part of the thread, I will explain the features and functions of each coin, and how they interact with each other in the Zephyr Protocol. (11)
$ZEPH is the base coin, which is used as collateral for the stablecoin system. ZEPH has a fixed supply of 18.4 million (+ tail emission), and its emission curve is slower than Monero's, rewarding early adopters and reducing inflation. ZEPH is also a privacy coin, inheriting the features of Monero $XMR. Users can deposit ZEPH into the Protocol and mint ZephUSD or ZephRSV in return. (12)
ZephUSD is a USD-pegged stablecoin, which maintains its value by being backed by at least 400% of ZEPH in the reserve. ZephUSD is also a private stablecoin, making it a unique and anonymous medium of exchange. Users can mint or redeem ZephUSD in exchange for ZEPH based on the oracle's current price. ZephUSD operates in a decentralized manner, without relying on any central authority. (13)
ZephRSV is a reserve coin, which represents a share of the excess equity in the reserve. ZephRSV holders benefit from the fees and profits collected from the minting and redeeming of ZephUSD and ZephRSV. Users can mint or redeem ZephRSV in exchange for ZEPH based on a formula that depends on the reserve data. ZephRSV has a maximum reserve ratio of 800%, which protects the existing holders from dilution. (14)
Zephyr Protocol is a complex and dynamic system that balances the supply and demand of ZEPH, ZephUSD, and ZephRSV. The Protocol ensures the stability of ZephUSD by adjusting the collateralization ratio and the price of ZephRSV. The Protocol also ensures the profitability of ZephRSV by accumulating fees and profits in the reserve. The Protocol is transparent and auditable, as all the data and transactions are recorded on the blockchain. (15)
โถ๏ธ- Part 3: How Does ZephRSV Ensure Profitability and Stability?
Zephyr Protocol is a complex and dynamic system that balances the supply and demand of ZEPH, ZephUSD, and ZephRSV. In this part of the thread, I will explain the features and functions of ZephRSV, the reserve coin, and how Zephyr ensures privacy and transparency for its users. (16)
ZephRSV is a reserve coin, which represents a share of the excess equity in the reserve. ZephRSV holders deposit ZEPH into the Protocol and mint ZephRSV based on a formula that depends on the reserve data. ZephRSV holders benefit from the fees and profits collected from the minting and redeeming of ZephUSD and ZephRSV, as well as the appreciation of ZEPH's value. (17)
ZephRSV holders also have the power to redeem their coins based on their share in the reserve's equity. This gives them flexibility and control, as well as a form of leveraged exposure to ZEPH's potential growth. ZephRSV has a maximum reserve ratio of 800%, which protects the existing holders from dilution and maintains the balance between growth and stability. (18)
Zephyr also inherits the privacy features of Monero, which is the base layer of the Zephyr blockchain. This means that all transactions involving ZEPH, ZephUSD, and ZephRSV are confidential and untraceable, protecting the users' privacy and anonymity. Zephyr uses ring signatures and bulletproofs to obscure the origin and amount of transactions, making them impossible to trace or link. (19)
Zephyr also ensures transparency and auditability, as it records the amount minted, redeemed, or added to the reserve during conversion transactions. This allows each block to calculate and verify the reserve data, ensuring the integrity and security of the Protocol. Privacy is preserved even when revealing the amount in a conversion, as it is not possible to know the inputs or outputs of the transaction. (20)
โถ๏ธ- Part 4: Conclusion
Zephyr is a groundbreaking project that aims to create a private and stable cryptocurrency system. It is based on the Minimal Djed protocol, which is a proven and robust algorithmic stablecoin protocol, and the Monero privacy features, which are the most advanced and secure in the crypto space. Zephyr has three types of coins: ZEPH, ZephUSD, and ZephRSV, each with its own features and functions. Zephyr balances the supply and demand of these coins, ensuring the stability of ZephUSD, the profitability of ZephRSV, and the privacy of ZEPH. Zephyr also ensures transparency and auditability, as it records and verifies the reserve data on the blockchain. Zephyr is not just a stablecoin, it is a novel fusion of privacy and stability, reshaping the idea of anonymous cash transactions for the digital age. (21)
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The big move for $NAKA to its ๐จ๐ป๐ฏ is loading , only a matter of time now ๐ฏ if u survived the bear market dip ๐ then you can definitely survive these few period of dip on $NAKA
Many forget $NAKA also expanded their team size in a bear market, which is a good sign in a project ๐ฅ Projects which builds right now will always perform well in a bull market
As you know they are gearing up for the launch of their CCG called ๐ฎ๐๐๐๐๐๐๐ ๐ฎ๐๐๐๐ , they just introduced a new feature for it " The incredible guardians " boosting the gameplay elements and strategic depth ๐
I love the progress @NakamotoGames keep up the good work ...
There is literally nothing that @NakamotoGames can't pull off! They are building something very big
I am holding my bag comfy and waiting to see how big they will be in the top of the bull!
$NAKA will be in 10s of dollars in my opinion!
Love it
With the $BTC halving coming, these are some solid gems i'm on๐
$NAKA -Gaming
$ORAI - Ai layer 1
$INJ - Layer 1
$WOO - Dex
$FET - Ai
$GHX- Gaming
$MLT - Metaverse
$MASQ- Privacy
$GFAL- Gaming
$ROSE- Privacy
$TRIAS -Layer -1
$CSIX - Privacy
$MTRG - Layer 1/2
$ID -Infrastructure
$VETME- Dex
$FRM - Interoperability
With the market providing some opportunities, dips right now should be seen as buying as a buying opportunity imho ๐ we are getting closer to the bull run ๐ ...
$AIRM ๐๐ฅ๐ฆ๐จ๐ฌ๐ญ ๐๐๐๐ค ๐๐๐๐ฉ (๐ฑ๐) and still below 1M Mcap
I really think @AIREALMTEAM could be a nice #AI gem ๐
Send it above 1M Mcap โ๏ธ
$AIRM #low#cap#gem#AI#cryptocurrencies
I will drop the full wizz portfolio soon.
I own alot of projects. Simply because i can.
As i said the amount of tokens you should hodl depends on your capital.
Example 1 mil + port you can easy hodl 15/20 diff projects
But with a 10 k port i would hodl max 3/4 projects.
๐๐ฆ ๐๐๐ฆ
Good to see $ORAI listed on @cryptocom app , i just added some more to my bag ๐ the team has been building consistently all through the bear market
$ORAI had an all time high of $107, this one is among the few i can say will surpass its ATH ๐ช๐ป $200 - $300 is on the table !
Lets go @oraichain
Everyone talks about 100x #Altcoins.
But nobody explains how to find them.
Here is 1 out of 3 methods that I typically use to find gems like $OLAS, $ATOR, $AGC, #0x0 early on ๐งต๐
I'm betting on $NAKA to be the next big thing in crypto gaming, this one has a lot of upside potential and with all the team is doing right now, i do expect $NAKA to breach its all time high in the next few months ๐
๐ง๐๐๐ฆ ๐ช๐๐๐ ๐ฅ๐๐๐๐ฃ ๐ข๐ก $NAKA :
โ For the system analysis, they successfully outlined workflow for CCG
โ Designed chat feature for enhanced platform interactiveness
โ for the development on their mobile app , they implemented a new and advanced login page
โ Developed a more intuitive / user friendly landing page
โ Established a smooth game flow for Spooky Run
โAdditionally, for the UX/UI development ๐ the team designed a user- engaging chat page interface
โ Contributed to the design aspects of Outlanders and Nakaverse 2.0
โ Had an upgrade for naka wallet,improving users interaction
โ Lastly, for their game development achievements ๐ฎ they implemented Nakaverse 2.0 on beta
โ Launched 8ball Next beta for the mobile native app & added equipment features to CCG e.t.c
๐ป๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐ , ๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐๐๐๐ @NakamotoGames ..
Everything tells me $WOO will be a shiny star this coming bull run , this one is prime for huge growth ๐ $WOO is gonna play a big role in both the Cefi & Defi narrative
$WOO team just raised $9m funding from some of the top market markers like wintermute , selini capital , time research , pulsar , Alpha Lab capital and many more ๐ the major purpose of the raise is to align the incentives of trading firms and help improve liquidity on @_WOO_X
According to the team , the funds will be put to work driving their global market expansion, reinvesting into improving the product suite , obtaining regulatory licenses and effective marketing to grow their market share across Cefi.
๐ฐ๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐ ๐๐๐, ๐๐๐๐ ๐๐๐๐๐ ๐๐๐ @WOO_ecosystem@_WOOFi
L1 blockchains have proven in the past how easy it is to reach 50x-100x in a full blown Bull Run.
After researching + 50 L1s, here are my Top 10 #Altcoins for 2024 ๐งต๐
๐ฅ COOL UPDATE ๐ฅ
๐ฅ @NakamotoGames ๐ฅ
So the $NAKA team doesn't sleep! They are updating us daily on what they have implemented or what plans are to be implemented!
This time:
They have today introduced Brand-New Animated Gaming Avatars!
Such a great idea! I always loved to have a good avatar at games and Naka making that a reality!
Love the new #PFPs!
$NAK is undervalued by a mile! This is few billion dollar company in the making!
๐๐ฆ ๐๐๐ฆ
The $SOL ecosystem has been gaining some momentum with the likes of $BONK $MYRO and many more , i decided to add $STBOT to my portfolio ๐ the ultimate high speed sniper and trading bot on Solana
The $STBOT team are aiming to redefine the trading experience on Solana, making it accessible, efficient and rewarding for every user ๐ฅ democratizing access to advanced trading tools on the Solana network
๐๐ฒ๐ ๐ณ๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐ ๐ผ๐ณ @SolTradingBot :
โ Dex integration : Soltradingbot integrates with Solana's premier dex platforms - Jupiter, raydium , where you can trade with ease and tap into the liquidity of these decentralized ecosystem
โ Market data analysis
โ Token tracking
โ Referral program
โ Market marker
โ create wallets or multi wallet
โ Copy trade
โ Sniper monitor and many more !
๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐๐ข๐ซ ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ :
The Soltradingbot ecosystem has also been developing & it consists of communication feature, liquidity analysis, notification system, customizable trading strategies, automated execution e.t.c
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ญ๐ซ๐๐๐ข๐ง๐ ๐๐จ๐ญ ๐ฌ๐จ๐๐ข๐๐ฅ๐ฌ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ:
TG - https://t.co/nlEkeKoGtm
Twitter - https://t.co/gGFflD9xp8
Website - https://t.co/kG4t1lLkGi
๐ญ๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐ $STBOT ๐๐๐๐๐ ๐
@AlphaCryptOmega@Karamata22@CryptArchitect_@fitforcrypto_@LisaFlorentina9@cryptodoc_@2xnmore@DeFiOracle_