$0.001223
-
- Rank #N/A
- Market Cap
0.00% -
- 24H Spot Volume
0.00% $16.04
- 24H Volume / Market Cap
-
- Circulating Supply
-
- Total Supply
999,998,061
- Max Supply
1,000,000,000.00
- Fully Diluted Valuation
$1,223,264
- API ID stabilizeset
- Project Start Date -
- Contracts & Explorer(s)
0x37d...1dc0a
- Websites Website
- Links
About SET
Stabilize is a decentralized borrowing protocol that allows you to draw interest-free loans against Crypto-Assets( basic asset & ibTKNs) used as collaterals.
Loans are paid out in U.TOKEN (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
In addition to the collaterals, the loans are secured by a Stability Pool containing Stabecoins and by fellow borrowers collectively acting as guarantors of last resort.
Stabilize takes advantage of Liquity’s and Polyquity's unique economic incentives to create a robust and scalable stablecoin.
Stabilize will be launched on the Avalanche network first.
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