I'm curious about the reserve ratio set for Zephyr. Could someone please inform me of the specific percentage or amount that has been designated as the reserve ratio for Zephyr?
6 answers
CherryBlossomFall
Tue Nov 12 2024
Zephyr Protocol adheres to a similar minimum reserve ratio principle as other Djed implementations.
DigitalLordGuard
Tue Nov 12 2024
This principle mandates a reserve ratio of 400% to ensure stability.
LightWaveMystic
Mon Nov 11 2024
Meeting this reserve ratio is crucial for the issuance of additional stablecoins.
Chiara
Mon Nov 11 2024
Without achieving this threshold, no new stablecoins can be minted.
CryptoEnthusiast
Mon Nov 11 2024
The 400% reserve ratio acts as a safeguard against volatility.