ZETA Protocol

 Basics

• Announced on: 23-9-2020
• Mainnet release:
• Based in:

• From their announcement (23-9-2020):

"ZETA protocol is a protocol that can issue stable index/ETF tokens based on yearn.finance’s Vault. Users can operate a variety of investment portfolios depending on the type of ETF.

ZETA V1 features:

- ETF token based on stable coin and mirroring token

- ZUSD is using the DAI,USDT,USDC,TUSD strategies in yVault (yearn.finance). users can benefit from yield farming and compound interest.

- Index, basket assets arbitrage trading opportunity

- Issue & withdrawal of permissionless index tokens

The vision presented by YFI inspired ZETA very much. ZETA plans to build on the YFI ecosystem and issue ZUSD as well as ZASsets (EX:ZBTC,ZXAU) in the future. Our goal is to cooperate with the open community to create a decentralized asset operating organization with a transparent and fully automated mechanism. It will also contribute to DeFi’s economic bandwidth expansion."

Token

Stablecoin

• From their announcement (23-9-2020):

"ZUSD is an ETF token composed of DAI, USDC, USDT, and TUSD based on yVault to create a stable and profit-maximizing ETF. In addition, in order to make the profits sustainable, the community emphasized security and constructed a stable strategy to reduce the risk to users as much as possible. ZUSD does not use the yCRV vault and uses DAI, USDT, USDC, TUSD strategies in yVault.

To issue ZUSD, users do not need to deposit all four stable coins. For example, if you only put DAI, you can issue ZUSD at the current price."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed here.
• Built on: Ethereum and Yearn

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].