Cryptocurrency Creditum (CREDIT)
The price for Creditum (CREDIT) cryptocurrency is currently 0.000075 $ (15 min delay),
daily range of currency change is 0.000073 - 0.000076 .
Last 24 hours news: trading volume -
3.00 $, price variance
+2.82%
.
Project Website - https://revenant.finance/creditum
Explorer of transactions - https://ftmscan.com/token/0x77128dfdd0ac859b33f44050c6fa272f34872b5e
Twitter Account - https://twitter.com/RevenantFinance
Chart Creditum (CREDIT)
| Current price Creditum (credit) | 0.000075 $ |
| Market Capitalization | 0.00 $ |
| Trading Volume last 24h | 1.93 $ |
| Absolute maximum | 7.75 $ |
| Absolute minimum | 0.000019 $ |
Creditum Quotes
|
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
|---|---|---|---|---|---|---|
| No active trades for this coin. | ||||||
What is Creditum (CREDIT)
Creditum is another attempt at bringing a native stable coin to the fantom network. Creditum is a project from Revenant (formerly known as StakeSteak). This protocol uses over-collateralized deposits to mint debt tokens at a fixed interest rate, specifically cUSD (Creditum USD). Essentially, cUSD is meant to replace old fUSD with a new liquidation model that works.
Creditum is a lending & borrowing protocol that allows users to mint cUSD, a stablecoin pegged at $1, by supplying collateral. By doing so, users are able to unlock more capital and use cUSD to earn yield on top of the assets they already own.
Since Creditum requires an over-collateralization of deposits, each cUSD is backed by at least $1 of collateral. This allows users of the protocol to begin liquidating unhealthy positions in the event of market downturns, ensuring the solvency of cUSD, keeping it at $1. In other words, the assets used to mint cUSD are much greater than the liabilities, keeping the protocol solvent.
Similar cryptocurrencies
|
#
|
Name
|
Ticker
|
Capitalization
|
|---|---|---|---|
| 1 | TOKO |
1.00 $
1.00 $
|
|
| 2 | RNBW |
1.00 $
1.00 $
|
|
| 3 | HODL |
1.00 $
1.00 $
|
|
| 4 | YFOX |
3.00 $
3.00 $
|
|
| 5 | BUILD |
4.00 $
4.00 $
|
|
#
|
Name
|
Ticker
|
Price (USD)
|
|---|---|---|---|
| 1 | WEBOO |
0.000074 $
0.000074 $
|
|
| 2 | TUT |
0.000074 $
0.000074 $
|
|
| 3 | ASAN |
0.000074 $
0.000074 $
|
|
| 4 | TSHP |
0.000074 $
0.000074 $
|
|
| 5 | STPL |
0.000074 $
0.000074 $
|
Trading discount
