Cryptocurrency LiteUSD (LITE)

The price for LiteUSD (LITE) cryptocurrency is currently 13.00 $ (15 min delay), daily range of currency change is 11.78 - 12.93 .
Last 24 hours news: trading volume - 341.89K $, price variance +1.49% .

Project Website - https://liteusd.com/
Explorer of transactions - https://bscscan.com/token/0x3Ef3f6Cf9f867A33C4109208a6bd043A9Ef0E091
Twitter Account - https://twitter.com/LiteUsd

Chart LiteUSD (LITE)

Current price LiteUSD (lite)	13.00 $
Market Capitalization	0.00 $
Trading Volume last 24h	40.05 $
Absolute maximum	34.83 $
Absolute minimum	0.50 $

LiteUSD Quotes

#	Exchange	Pair	Price	Spread	Volume	Last traded
No active trades for this coin.

What is LiteUSD (LITE)

LITE is used as the initial token of the LUSD protocol to mint the decentralized stablecoin - LUSD and to balance the price fluctuations of LUSD.
LITE is the price counterpart of the stablecoin LUSD, and simply put, the amount of LUSD that can be minted in a single LITE is directly determined by the Token's price. LITE is issued on the Binance Smart Chain, with a total of 100 million units issued. 1million LITE will be taken out after issuance and added to the initial liquidity pool, with a ratio of 1 million USDT:1million LITE, and the remaining 99 million locked into the "Treasury" contract, which will be managed by Fist community members.
LITE minted LUSD stablecoin based on its own price. LITE uses a price minting mechanism that relies on algorithms to ensure flexibility of stablecoin is backed by LITE.

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