DEI DEI

＜ $0.000000000001

Time Interval :

Time Range :

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Rank #3119
Market Cap 0.00% $0
24H Spot Volume 0.00% $439,830.20
24H Volume / Market Cap +4238572512444212736.00%
Circulating Supply 10,376,847.47
Total Supply 10,376,847
Max Supply -
Fully Diluted Valuation -
API ID dei
Project Start Date -
Contracts & Explorer(s) 0xde1...62da0
Websites Website
Links

About DEI

DEI is an fractional reserve stablecoin, forked and inspired by frax.finance and can be used as a unit of account for derivative-based trading on protocols built on the DEUS infrastructure layer.

DEI is an fractional reserve stablecoin, forked and inspired by frax.finance and can be used as a unit of account for derivative-based trading on protocols built on the DEUS infrastructure layer. Traders, Protocols and Market Makers utilizing and offering trading via DEUS v3 using $DEI as stablecoin will enjoy better Fee Structures, than when using $USDC.

DEI has a 100% minting ratio and 9% seignorage.

100% USDC is required to mint $DEI (ie. $1 USDC is required to mint 1 $DEI)
On mint, 9% is used to buy back $DEUS and deposited into the DEI redemption contract
On redemption, 9% is transferred out of the redemption contract. This figure adjusts constantly and can be viewed in the minter stats.

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