Review Zethyr Finance by DappRadar

May 04 2020

Zethyr Finance

First up for consideration is TRON’s Zethyr Finance dapp.

Launched in late 2019, it’s grown steadily to attract around 100 daily active unique wallets, or around 150 on a weekly basis.

Using the TronLink browser extension wallet to log in. Users can deposit their WIN (the token for the WINk gambling dapp) and/or BTT (BitTorrent Token) and then generate a loan of TRX (TRON) cryptocurrency.

Of course, the loan has to be paid back. Currently, the annual interest rate charged is 14.6%.

The other element of the Zethyr dapp is its exchange market. This enables users to trade different TRON-based tokens, including TRX, WIN, and BTT.

Trading is encouraged as the more users trade, the more ZTR token they accumulate. This token can be used to reduce trading costs and also generates dividend payments to holders. As 100% of all exchange fees are shared by ZTR holders.

Video Review of a TRON’s Zethyr Finance with Jon Jordan

Article from: https://dappradar.com/blog/defi-arrives-on-tron-waves-an-analysis
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