Rang | Nom | Prix | Évolution (24h) | Offre totale | En circulation | |
---|---|---|---|---|---|---|
1586 |
MONEY
Defi.money
MONEY
| $ 0.99 | + 0.46% | 11 214 870 | 11 214 870 | Trader! |
$MONEY is a USD-denominated decentralized stablecoin, that can be minted by depositing collateral and opening a loan within the defi.money protocol. It distinguishes itself from other CDP-based stablecoins by utilizing an AMM-based liquidation mechanism that can buy or sell your collateral within a liquidation price range instead of a set price threshold. This protects users against full liquidations that otherwise could occur due to price volatility. $MONEY has been optimized for everyday users by being deployed on Layer 2 chains, to make even smaller loans cost-friendly due to much reduced gas costs. The protocol is also natively cross-chain, meaning it can be minted on multiple chains, as well as seamlessly be bridged between them.