SET Stabilize

$0.001223

Stabilize (SET) Price Chart

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1H -
24H -
1Y -26.94%

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
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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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