Cryptocurrency Nacho Finance (NACHO)
The price for Nacho Finance (NACHO) cryptocurrency is currently 0.38 $ (15 min delay),
daily range of currency change is 0.38 - 0.38 .
Last 24 hours news: trading volume -
0.00 $, price variance
+1.28%
.
The highest trading volume belongs to the pair 0XCD86152047E800D67BDF00A4C635A8B6C0E5C4C2/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 at the NachoSwap exchange
Project Website - https://nachoxyz.com
Explorer of transactions - https://polygonscan.com/token/0xcD86152047e800d67BDf00A4c635A8B6C0e5C4c2
Twitter Account - https://twitter.com/nacho_finance
Chart Nacho Finance (NACHO)
| Current price Nacho Finance (nacho) | 0.38 $ |
| Market Capitalization | 0.00 $ |
| Trading Volume last 24h | 14.97 $ |
| Minimum exchange rate (24h) | 0.062 $ |
| Maximum exchange rate (24h) | 0.064 $ |
| Absolute maximum | 26.12 $ |
| Absolute minimum | 0.026 $ |
Nacho Finance Quotes
|
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
|---|---|---|---|---|---|---|
| 1 | 0XCD86152047E800D67BDF00A4C635A8B6C0E5C4C2/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 |
0.063 $
0.062928$
|
0.63% | 46.53 $ | 2024-04-19 07:56:30 | |
| 2 | 0XCD86152047E800D67BDF00A4C635A8B6C0E5C4C2/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 |
0.061 $
0.061104$
|
0.64% | 14.62 $ | 2024-04-19 08:12:34 |
What is Nacho Finance (NACHO)
Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network.
Nacho Finance is a multi-token protocol that consists of the following three tokens:
- Nacho Token (NACHO) (Medium of exchange)
- Nacho Shares (NSHARE) (Governance & Measure of protocol value)
- Nacho Bonds (NBOND) (Change NACHO supply during contraction periods)
The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price.
NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl.
Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem.
NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.
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 | OCEAN |
0.38 $
0.38 $
|
|
| 2 | YRISE |
0.38 $
0.38 $
|
|
| 3 | CORE |
0.38 $
0.38 $
|
|
| 4 | SMART |
0.38 $
0.38 $
|
|
| 5 | ZGD |
0.38 $
0.38 $
|
Trading discount
