Zephyr Capital is a DeFi protocol focused on transforming web3 liquidity. Its primary offering is Solis, a type of flatcoin that provides a dependable medium of exchange for the Web3 economy. The protocol and its coin are built on Radix DLT (Distributed Ledger Technology), taking advantage of its scalability, security, and efficiency.
Solis is an overcollateralized flatcoin that is designed to maintain its value against inflation, thereby protecting its holders' purchasing power.
The flatcoin has several distinctive features that distinguish it from typical stablecoins. Unlike stablecoins that are pegged to fiat currencies and therefore subject to inflation, Solis maintains a stable value relative to inflation by aligning its price with the worth of a basket of goods and adjusting it regularly to counter inflation. This allows Solis to maintain, or even increase, its value even as the purchasing power of fiat currencies like the US dollar declines due to inflation.
Solis uses a transparent and independent inflation index called Truflation to accurately measure the true inflation rate. Truflation, a blockchain platform, updates daily by aggregating data from over 10 million data points and more than 30 reputable sources, offering a more accurate and timely measurement of inflation than traditional indexes like the Consumer Price Index (CPI).
Zephyr Capital offers a range of financial services tied to the Solis flatcoin. Users can borrow Solis with a small one-time fee instead of facing highly variable interest rates, making it an attractive option for those in need of a stable and predictable lending platform.
The platform also boasts a low collateral ratio, thanks to the efficient liquidation mechanism of Solis. This allows users to get the most liquidity for their XRD (the native token of the Radix DLT).
Solis follows an overcollateralization model, wherein the amount of cryptocurrency held as collateral surpasses the quantity of Solis in circulation.