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Post

Ansem: ZCAT can be another way to participate in ZEC’s price action, but the spot risk is relatively high.

MarsBitNews
Abstract generation in progress
Mars Finance reports that on September 13, crypto trader Ansem posted that the Solana ecosystem meme coin ZCAT had caught his attention and could be viewed as another way to participate in ZEC’s market movements. ZCAT and ZEC form a trading pair, with a 3% token transfer tax funding the rewards mechanism. The relevant ZEC rewards will be distributed directly to eligible ZCAT holders, enabling on-chain speculators to gain exposure to the Zcash narrative. Ansem also pointed out that the transfer tax increases trading friction, which is the main trade-off of the mechanism. He considers the design interesting, but believes it constitutes a high-risk spot trade.
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ZECZEC-5.22%
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AirdropArchivist
3 hours ago
The 3% tax is somewhat off-putting, but Zcash’s narrative is indeed difficult to bootstrap, so this layered approach is still an unconventional path.
0View Original
RugScanner
4 hours ago
A longtime ZEC player says they have mixed feelings: on-chain nesting plus tax economics—Ansem’s imagination is wild enough.
0View Original
SatoshiClub
4 hours ago
First Review
High friction + high volatility—pure casino behavior, but Solana degens are into it.
0View Original
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