Zephyr Protocol
The Untraceable Over-Collateralized Stablecoin Protocol
Adequate funding is of paramount importance for the success and longevity of a project like Zephyr. This is why Zephyr has a robust treasury fund of 500,000 ZEPH, which not only covers operational costs but primarily serves as a strong reserve. This reserve is designed to bolster the protocol during adverse market conditions and provide liquidity when required, thus ensuring the protocol's stability and resilience.
In addition, Zephyr incorporates a 5% governance fee to guarantee ongoing development, marketing, and other operational activities. [...]
The treasury fund and the 5% tax has not spurred much development in the code base,
https://github.com/ZephyrProtocol/zephyr/pulls?q=is%3Apr+is%3Aclosed .
No pull request was merged in 2024. And the price just pumped. Scam? Make of it what you will.
