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MONEY

Rank #1648
Defi.money logo

Defi.money

0.99956
-0.00043414379
-0.04%
Jan 09, 23:52 UTC

About

$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.

Info & Links

Contracts

  • optimistic-ethereum:
    0x694…02496
  • arbitrum-one:
    0x694…02496
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Data From

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