Zephyr Yield Share (ZYS) stablecoin analytics
Answer First
What is Zephyr Yield Share (ZYS)?
ZYS is Zephyr Protocol's yield-share wrapper over ZSD, with its NAV moving as protocol yield accrues into the underlying ZSD yield reserve. The static profile records its ZSD-denominated NAV accounting mechanism as: ZYS is a NAV-style yield-share token rather than a flat one-dollar stablecoin. Its share price moves against ZSD as protocol yield accrues into the ZSD yield reserve.
Is ZYS safe?
ZYS holds a C Safety Score grade (55/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Zephyr Yield Share uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Zephyr Scanner; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Zephyr Yield Share (ZYS) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg ZSD-denominated NAV.
Variant Relationship
Zephyr Yield Share (ZYS) is modeled as a savings variant of Zephyr Stable Dollar (ZSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
AI summary / Updated Sep 7, 2026
Zephyr Yield Share is the NAV-style yield-bearing wrapper for Zephyr's ZSD yield reserve, tracked separately from base ZSD so that protocol yield is attributed to the token that actually earns it. ZYS supply, price, and APY come from Zephyr Scanner because CoinGecko and DefiLlama do not expose the wrapper as a market row. Each share is a consensus-level claim on the ZSD yield reserve, minted and redeemed through native MINT_YIELD and REDEEM_YIELD transactions with no admin mint route and no holder freeze. The N/A...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
- Collateral
- ZSD held in the Zephyr Protocol yield reserve; each ZYS share represents a claim on the protocol's ZSD yield reserve balance
- Peg Mechanism
- ZYS is a NAV-style yield-share token rather than a flat one-dollar stablecoin. Its share price moves against ZSD as protocol yield accrues into the ZSD yield reserve.
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- Self-Reported PoR by Zephyr Scanner Reserve source
- Contracts
- No contract deployments are listed in the static profile.
Next Actions
Exact bot target: /subscribe dews,depeg,safety zys-zephyr-protocol
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
ZYS quick answers
What is Zephyr Yield Share (ZYS)?
ZYS is Zephyr Protocol's yield-share wrapper over ZSD, with its NAV moving as protocol yield accrues into the underlying ZSD yield reserve. The static profile records its ZSD-denominated NAV accounting mechanism as: ZYS is a NAV-style yield-share token rather than a flat one-dollar stablecoin. Its share price moves against ZSD as protocol yield accrues into the ZSD yield reserve.
Is ZYS safe?
ZYS holds a C Safety Score grade (55/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says Zephyr Yield Share uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with Self-Reported PoR from Zephyr Scanner; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs ZYS?
Pharos classifies ZYS backing as Crypto-Collateralized. Collateral, per the static profile: ZSD held in the Zephyr Protocol yield reserve; each ZYS share represents a claim on the protocol's ZSD yield reserve balance Reserve evidence: Self-Reported PoR from Zephyr Scanner.
Can ZYS be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for ZYS, when applicable, appear in the dossier below.
