Zetos is an algorithmic stablecoin protocol smart contract platform based on the BNB ecosystem.
Zetos Share is a token that adjusts its supply deterministically (i.e. using an algorithm) so that the price of the token moves in the direction of the price target Zetos Cash. At the most basic level, an algorithmic stablecoin expands its supply above a target price and contracts below it.
Zetos Cash uses an "algorithmic central bank" that manages the token supply according to predetermined logic. The algorithm is responsible for balancing the supply and fluctuating demand of stablecoins, ensuring that token prices remain relatively stable.
When the price of Zetos Cash (ZEC) is less than $1, it is necessary to reduce the circulation of Zetos Cash (ZEC) so that the price of Zetos Cash (ZEC) will naturally rise to 1 USD.
