Overview of Zeta Protocol

What is Zeta Protocol?

Zeta Protocol is known as a decentralized exchange (DEX) operated on the Solana Blockchain network. Besides, Zeta also provides derivatives trading, Options trading and liquidity enhancement for users.

In essence, Zeta is a website and app designed to manage digital assets. Similar to other money management applications, Zeta allows users to connect to bank accounts and other financial institutions.

With Zeta, users can register for accounts with friends and relatives and monitor each other’s finances. Meaning Zeta allows you to share your finances with friends and family, track your net worth, review your monthly expenses. The platform even gives advice on solutions to improve users’ overall finances.

The plus point of Zeta is that the application is completely free. While the Zeta team plans to develop more paid features in the future, they are still committed to keeping the main apps 100% free.

Features of Zeta Protocol

In fact, Zeta Protocol offers more unique features than a traditional protocol. When experiencing Zeta, you can perform derivative transactions from CeFi to DeFi, increasing the power on the DEX.

For many traders, derivatives trading plays an extremely important role. These tools help them manage risk, increase flexibility, and easily generate profits even when the coin price is trending down.

Besides, when you join Zeta, you will experience some unique features, such as:

The Margin system opens up a non-collateralized trading space. With this feature, you can take advantage of leverage when executing orders and use capital more efficiently.

Typically, the collateralization process of a transaction will take a few minutes. However, with Zeta, the application has optimized this process by leveraging the power of the Solana Blockchain. In addition, Zeta also updates prices, tracks positions every second to improve transaction without collateral for users.

When participating in the Zeta ecosystem, you can only make collateral in USDC. However, transactions such as payment, withdrawal/deposit or deposit will also use USDC.

Offers Zeta FLEX feature — a feature that allows users to bid and make adjustments to create the most reasonable price in DeFi Options transactions.

The importance of Zeta Protocol

Zeta provides an insurance fund to assist users in cases where assets are liquidated but not in sufficient quantity. If neither the insurance fund nor the liquidation process can handle the loss, Zeta still has a variety of solutions in place to minimize the loss.

One of the most effective ways that Zeta has adopted in the process of supporting users is: using a percentage of each withdrawal to ensure that the platform’s capital is still sufficient to cover the loss of users.

Operating on the Solana network — one of the most optimal and effective Blockchain today, Zeta has met the user experience needs in the best way. In particular, the speed and real cost of transactions on this platform are almost perfect: low transaction (about 0.1$/order), high transaction (50,000/s), fast order processing speed. (400ms).

Besides, Zeta is also highly appreciated for its security. The foundation is aimed at long-term and stable operation. If there is a risk, Zeta will automatically suspend all operations, such as withdrawal, liquidation, settlement, etc. Besides, open orders will also be canceled to ensure assets for users.

On top of that, Zeta also organizes activities to attract users to join the platform, such as weekly sweepstakes, NFT rewards and many other attractive programs.

Details about Zeta Coin

Currently, the Zeta Protocol platform has no plans to issue native tokens.

Team, Investors & Partner

Team

Zeta Protocol has not yet announced information about the development team. It is possible that the project still wants to keep the member’s identity confidential because it is not the right time to announce it. CryptoX100.com will update more soon when there is any new information.

Investors

Updating…

Partners

Zeta Protocol is currently shaking hands with many reputable partners in the cryptocurrency market, such as: Amber, Pattern, MGNR, Solana, AirTree, JumpCapital, etc.

Roadmap

Mainnet

Quarter 4/2021:

Prepare Zeta for Mainnet Launch.

Release SDK for developers and buyers to integrate with Zeta.

Provides CPI examples for projects and developers.

Quarter 1 of 2022:

Launch protocol.

Launch Zeta Protocol on Mainnet with SOL Underflying Network.

Issue Example code for trading and liquidation.

Integrate Zeta with other protocols.

Launch more underlying assets to trade.

Quarter 2 of 2022:

The Horizon

Implement incentive plans to increase trading and boost liquidity on Zeta Markets.

Margin multiple collateral.

Launching Perpetual Futures.