Zethyr Swap 2.0 logo

Zethyr Swap 2.0

Total Users
- No data available.
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
- No data available.
Contract Balance
The total fiat value of assets in a dapp's smart contracts
- No data available.
Category
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Blockchain
TRON
Language
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Official links
Social media

News

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Tando Nkube

What is Zethyr Swap 2.0?

Upon the release of the new version, Zethyr Swap 2.0 will become TRON's decentralized financial protocol, aggregating the profitability of both centralized and decentralized protocols across the entire market for the best profitability. In simple terms, Zethyr Finance will continually move funds to the highest yield locations, maximizing the return to users.

Contents:

Zether Swap 2.0

Description of the Zethyr Swap 2.0 project

In Zethyr Finance 2.0, you can not only borrow, but also lend your dormant TRON Zethyr tokens to maximize your profitability. In the beginning, Zethyr will accept USDT, TRX, WIN and BTT as collateral, offering USDT and TRX to borrow.

If you have used Zethyr Finance 1, you will have the option to transfer your collaterals from Zethyr Finance 1 credit pools to Zethyr Finance 2.0 credit pools.Zethyr Swap 2.0

One of the major updates to Zethyr Finance 2 is that you can deposit your unoccupied TRON tokens into Zethyr Finance loan pools to maximize your profitability. The process is simple, as is how you post your collateral.

To maximize the return for depositors, Zethyr will combine the following strategies:

Firstly Lending to other users, who need to borrow.
Secondly Place bets on dapps to earn betting rewards.
Thirdly Making deposits to other financial protocols to receive rewards.

While depositing idle tokens to other protocols helps to increase profitability for lenders, it can reduce available liquidity for Zethyr borrowers, who require instant credit lines, and Zethyr lenders, who require instant withdrawals. Leaving too much downtime, however, lowers the profitability of lenders. Therefore, a compromise must be made. In the beginning, Zethyr will leave 5% of the total supply idle at all times to facilitate urgent loans and withdrawals. The percentage can change if necessary.

Additional information

There is no WhitePaper and RoadMap document on the site. Instead, you can find information about the project on the Medium platform. Articles, concerning the development of the platform, are regularly published there.

From social networks, the community leads:

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Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.