Tag: zethyr

Zethyr to Launch Lending

Zethyr to Launch Lending

Zethyr is a sleeper exchange on the TRX blockchain that allows you to earn dividends with the ZTR token. You earn this ZTR token by simply using the platform to trade several tokens that are now listed. The fees you produce are partially given back in the form of ZTR.

Now the platform is looking into enter the lending segment by providing loans against two types of collaterals, BTT and WIN token. Only WIN produces a yield, 0.04% daily to be precise. When you request and take a loan in Zethyr you also keep earning the WIN dividends during your loan repayment period. This has the potential to be the ultimate DeFi leverage machine.

Personally I’m eager to see other types of collaterals but this is indeed a good start. Here is an explanation video:

Zethyr

Zethyr

Zethyr is a decentralized exchange in the TRX blockchain. Zethyr generates dividends to ZTR token holders that have the token staked in their website. ZTR can be received by simply trading in one of their current available markets.

Management team

The team is non anon.

Personal notes

17/10/2019 – Zethyr just announced the addition of TronTopia’s tokens. I have a feeling that this exchange will dominate TRX two months from now.