Xibito retweeted
After a comprehensive review, Aave is deprecating 50 low adoption asset reserves across multiple deployments.
In addition, Aave is orderly winding down deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, covering another 25 asset reserves.
As part of this process, 21 matured Pendle PTs are also being deprecated in favour of new maturities.
In total, the changes affect $98.1M in supply and $15.6M in debt.
These measures reduce Aave's economic and technical risk surface as part of the new Aave Risk Framework and Technical Asset Listing Framework.
Aave will continue applying continuous risk assessment for all assets across all deployments.
Xibito retweeted
❯❯ EVM Bridge: External Audit Commencing_
Milestone achieved!
A huge thanks to our community and contributors, for getting us over the line with the recent crowdfunding efforts! ⚡️
The scope for the Zephyr EVM Bridge security audit has now been confirmed, and our engagement with @sherlockdefi begins this week.
▦ Comprehensive review and remediation.
▦ Dual coverage across smart contracts and off-chain infrastructure.
This is the final major security milestone before mainnet.
Soon, anyone with an Ethereum wallet will have direct access to Zephyr.
🟣 Over-collateralized, decentralized stables.
🟣 High performing, sustainable yield engine.
🟣 Instant route back to $XMR -grade privacy.
All available at the center of DeFi liquidity.
Stay tuned.
$ZEPH $ZSD $ZRS $ZYS
Xibito retweeted
Total cost to turn €1,000 in your bank into BTC in your own wallet: SEPA deposit + taker fee + orderbook slippage + BTC withdrawal fee
Total cost to turn €1,000 of BTC in your wallet into EUR in your bank: BTC network fee + taker fee + orderbook slippage + SEPA withdrawal.
Our MiCA dashboard now shows onramp and offramp costs.
Xibito retweeted
❯❯ EVM Bridge Technical Update_
🌐 Our lead dev has been heads-down for months, expanding the scope of Zephyr's cross-chain vision.
Full technical breakdown:
gist.github.com/fennzar/c49e…
➡️"The scope grew. Significantly. Again."
This has become much larger, and more serious than the original bridge prototype.
▦ Full test environment: Devnet, wallets, controllable oracle, EVM chain.
▦ Operational core: Bridge services, watchers, and a market-making engine.
▦ Full layer visibility: Dashboards + explorer.
The whole environment can now be built from a fresh genesis, seeded, pushed through different market conditions, broken piece by piece, reset, and tested again.
Do it once, do it right ✅
Thank you for your continued support. Stay tuned.
$ZEPH $ZSD $ZYS
Xibito retweeted
Significant moves in the Zephyr Protocol recently 👀
STUDY THIS, because it's the *perfect* demonstration of why the system works so. damn. well. 👇
Over the past 24 hours:
> $105K of $ZSD minted
> MEXC volume in the same window: $94K
> +270K $ZEPH pulled into the Reserve
> Liquid $ZEPH supply shrank by 3.4%
> $ZEPH tapped $0.51, before pulling back to ~$0.44
> Reserve Ratio went north of 500%, now ~420% (above the 400% minting floor)
➡️ $ZEPH went from $0.31 to $0.51 on real demand over the past few days.
But whoever bought it didn't just hold... they converted it straight into private stablecoin ($ZSD), and likely some into $ZYS for the high APY.
While price did come off its recent highs, it's nothing like what a $100K market sell would have done to the order book with $94K in daily volume.
(Hint: that would nuke the chart).
➡️ With Zephyr you can exit to stables without impacting the market price.
And that decision compounds:
> $ZEPH gets locked in the Reserve until a $ZSD redemption
> The Reserve gets deeper; order book gets thinner
> Circulating $ZEPH tightens by 3.4% in a day
> Now 38.45% of all ZEPH is locked in the Reserve = removed from circulation.
> Read that again ^
> Next wave of demand hits a shallower order book
✍️ So yeah, case in point:
Zephyr is THE most elegant stablecoin system in DeFi.
[ Slowly then suddenly ]
@zephyr_org
Xibito retweeted
For more than 10 yrs, I've worked on "frontier compute." I've worked on this since the "world computer" vision was first mooted.
Nowadays, the terms "crypto," "web3" and "blockchain" are inextricably linked to speculative assets. But this is 1 niche application of the tech. 🧵
Xibito retweeted
❯❯ Behind the scenes of the $ZEPH EVM bridge_
▦ Bridge UI
▦ On-chain explorer
▦ Devnet dashboard
▦ Bridge operations engine
More than a wrapper.
A full cross-chain operations stack, redesigned from the ground up for Testnet V2.
Here's what's running under the hood ⬇️
Xibito retweeted
With the $ETH bridge Testnet V2 launching imminently ⌛
Remember... No one will need to buy $zeph to pump your bags...
When people enter the 30% APY Stablecoin Yield pool...
...the bridge will automatically buy zeph to refill the pool...
...so more people can access the yield...
No one is fucking ready for this 🚨
Xibito retweeted
Meile v2.5.0 has been released for Windows and MacOS. This version comes with a lot of new updates and features.
🛡️ Privacy feature: Ring Sessions. This new privacy feature for plan subscribers takes a page out of the book of Monero by creating 8 decoy session txs concurrently with the real one. This enhances on-chain privacy for the session transaction. It is currently "opt-in" and can be turned on in the Settings menu.
🛡️ @zephyr_org in-app payments. We have integrated payment options for their native coin $ZEPH and their decentralized private stable coin $ZSD. Zephyr is a Monero fork with DJED for private, over-collateralized assets.
⚡Firo InstantLock integration. @firoorg has a unique attribute that allows merchants to accept near instant settlement of private spark payments. This allows fast payments and improves the UX for in-app private payment options.
⏳Windows load times are back down to 10s. We removed the bloat from our SDK to get the load time on Windows down to a much better experience.
🌎 Auto-filtering of plan nodes. Instead of clicking the "Filter Nodes" in the plan, now expanding the plan will auto-filter the nodes on that plan that are connectible.
🐞 Bug fixes
As always, you can get it at: meile.app
(Linux builds will be available in the coming days)
ALT Zephyr Protocol Integration, Firo InstantLock Integration, Enhanced on-chain privacy with ring sessions & more!
Xibito retweeted
❯❯ The Zephyr Protocol_
▦ Built upon XMR codebase.
▦ Delivering the best stablecoin yields in DeFi .
▦ Ethereum Bridge incoming.
➡️ This is Monero upgraded.
➡️ This is unstoppable digital cash.
🌐 zephyrprotocol.com
It’s time.
$ZEPH $XMR
Xibito retweeted
❯❯ The Zephyr Protocol_
▦ Best stablecoin yields in DeFi
▦ Private by default
▦ Ethereum Bridge launching soon
Unstoppable digital cash. As it was meant to be.
🌐 zephyrprotocol.com/
Get ready for the takeover_
$ZEPH
Xibito retweeted
Zephyr in short
- Monero Privacy
- $ZSD is the stable dollar
- Overcollateralized via Djed
- Battle Proven- Stayed pegged to a dollar during a massive drop
- Has industry leading yields
"It's never to late for privacy"
Xibito retweeted
When Bears celebrating their wins and everybody gets depressed, its the time to bid.
And while there is shitton of raises happening for the next neobank, for the next big stablecoin, people are missing already liquid and battle tested underdogs.
I am speaking about $ZEPH of course.
May sound complex for our meme pilled degenerate heads, but to keep it simple.
Zephyr is Stablecoin L1 based on Proof of Work with built in privacy.
ALREADY FEELS GOOD ISN'T IT
Eco system has 4 tokens
1) $ZEPH is main coin of the chain.
2) $ZSD is overcollateralized stablecoin, backed by $ZEPH.
Not a hefty usdc wrapper frax minter.
If you want stables to transact, you buy $ZSD
3) $ZRS - token to get equity from Zephyr eco
4) $ZYS - Yield claim token. Buy ZYS and make ZSD yield.
Ecosystem quite vibrant and lots of opportunities here.
But today we speak about the most simple one.
Buy cheap sell high in 1 year.
$ZEPH is sub 10m token.
I.e. Plasma is multibillion FDV project with less real things done.
$ZEPH is fkn underdog, goldmine hidden between lots of worthless tokens.
So next steps:
buy on MEXC -> Go to @zephyr_org and read some docs -> wait for my next post to learn how to make more while investing into the future of stablecoins.
Xibito retweeted
🚨🚀 $ZEPH UPDATE:
I don't think its a coincidence that the recent charts showing an steady 15-25% increase in its value and marketcap (12,5M) due to the fact that the ETH crossing bridge is almost finished, and awereness spreading accross communitys's that @zephyr_org is a different entity of its own. Everything points to a major breakout, more updates follows next week.
Xibito retweeted
We certainly think so - check us out 👀
• Over-collateralized private stablecoin protocol
• Battle-tested peg (hint: does not break)
• YIELD bearing > Best sustainable APY in DeFi
• EVM Bridge launching soon
Xibito retweeted
🎙️🎭 $ZEPH on Komodo Radioshow:
Today [4PM EST] a couple representatives/supporters (Mainly @HydratedGoose) are gonna talk about the @zephyr_org system and everything about it. I urge everyone to tune in, listen & ask everything you wanna know about $ZEPH! 🫡❤️
🚀🎙️ Link to the show: discord.com/invite/YfqyN5xtM…