ZEPH-ZephyrDetailed Description

ZEPH-Zephyr Detailed Description

ZEPH is the reward token of the Bitspark network. Bitspark pioneered a blockchain-based remittance platform using stablecoins in 2014, focusing on unbanked solutions for remittance companies and individuals. The ZEPH token incentivizes users to utilize the Bitspark network for payments and rewards new onboarded customers. 25% of the fees collected on the network are used to buy back ZEPH tokens from the Bitshares DEX market, ensuring a strong correlation between transaction volume and fees. Bitspark managed to buy back at least 1.8% of the raised funds.