ZRS: Zephyr Reserve Shares

ZEPH Spot and MA price

To calculate the Mountly Return first we need to get ZEPH Spot and MA price.

spot = 1.33817243
MA = 1.33519974

We get them directly from Zephyr oracle. Check here: https://oracle.zephyrprotocol.com/price

Nsc and Nrc

We get Nsc (Number of Stable Coins), Nrc (Number of Reserve Coins) and R (Total Reserves) from the oficial Zephyr Network website. Check here: https://zeph.network

Nsc = 583248.77
Nrc = 1106208.48
R = 1975464.11

Let's calculate Mint Price and Redeem Price

The following formulas are derived from the Zephyr Protocol whitepaper, which provides detailed technical documentation. Check here: https://zephyrprotocol.com/docs/zephyr_whitepaper.pdf

$E\mathrm{spot}=R-\frac{N\mathrm{sc}}{\mathrm{spot}}$ = 1539609.3898426
$E\mathrm{ma}=R-\frac{N\mathrm{sc}}{\mathrm{MA}}$ = 1538639.0024696
$P\min \mathrm{rc}$ = 0.5
$P\mathrm{spot}\mathrm{rc}=\max (\frac{E\mathrm{spot}}{N\mathrm{rc}},P\min \mathrm{rc})$ = 1.3917895384807
$P\mathrm{ma}\mathrm{rc}=\max (\frac{E\mathrm{ma}}{N\mathrm{rc}},P\min \mathrm{rc})$ = 1.3909123192309
$P\mathrm{mint}=\max (P\mathrm{spot}\mathrm{rc},P\mathrm{ma}\mathrm{rc})$ = 1.3917895384807
$P\mathrm{redeem}=\min (P\mathrm{spot}\mathrm{rc},P\mathrm{ma}\mathrm{rc})$ = 1.3909123192309

Mountly reserve reword

30% of every block goes to reserve. We get Reserve Reword fro from the oficial Zephur Network website. Check here: https://zeph.network

ReserveReword = 1.842
$\mathrm{MonthlyReserveReword}=\mathrm{ReserveReword}\times 30\times 24\times 30$ = 39787.2 ZEPH

Monthly Return

For a detailed breakdown of how monthly returns are calculated, check out our guide here: ZRS: Zephyr Reserve Shares

Enter your ZEPH investment amount below.

YourInvestment: ZEPH

$\mathrm{YourShare}=\frac{\mathrm{YourInvestment}\times \frac{1}{\mathrm{Pmint}}}{\mathrm{Nrc}}=\frac{\mathrm{718.49943712872}}{\mathrm{1106208.48}}$ = 0.00064951539435742
$\mathrm{MonthlyReturn}=\mathrm{YourShare}\times \mathrm{MonthlyReserveReword}$ = 25.842398898377 ZEPH