USDV/axlUSDC
USDV is an overcollateralized stablecoin running on the Fantom, BNB, Venom and Ethereum blockchain. USDV is designed to maintain a stable value against the US dollar. Since USDV is pegged to the US dollar, it means that 1 USDV is equal to ~$1. USDV is backed by a cryptocurrency collateral, which is held in an amount greater than the amount of stablecoins issued. Hence, when users deposit accepted digital assets (wBTC, wETH or FTM) as collateral into vaults, USDV is successfully minted. This is known as "overcollateralization" and is intended to provide a buffer against price fluctuations and ensure stability in the value of stablecoin. Moreover, USDV is decentralized and non-custodial, i.e. only users have direct access to their funds. Users will not be charged any interest for minting USDV using vaults. That said, they can hold their collateral in vaults and use minted USDV without paying any interest.
Score | 44 |
|---|---|
24h Vol | $0.72 |
Liquidity | $185.93 |
Holders | 187 |
Audits | |
Age | 2 years |
FDV | $1.1K |
Market Cap | $1.1K |
USDV to axlUSDC Converter
Score | 44 |
|---|---|
24h Vol | $0.72 |
Liquidity | $185.93 |
Holders | 187 |
Audits | |
Age | 2 years |
FDV | $1.1K |
Market Cap | $1.1K |
About USDV (USDV)
USDV is an overcollateralized stablecoin running on the Fantom, BNB, Venom and Ethereum blockchain. USDV is designed to maintain a stable value against the US dollar. Since USDV is pegged to the US dollar, it means that 1 USDV is equal to ~$1. USDV is backed by a cryptocurrency collateral, which is held in an amount greater than the amount of stablecoins issued. Hence, when users deposit accepted digital assets (wBTC, wETH or FTM) as collateral into vaults, USDV is successfully minted. This is known as "overcollateralization" and is intended to provide a buffer against price fluctuations and ensure stability in the value of stablecoin. Moreover, USDV is decentralized and non-custodial, i.e. only users have direct access to their funds. Users will not be charged any interest for minting USDV using vaults. That said, they can hold their collateral in vaults and use minted USDV without paying any interest.
USDV/axlUSDC Price Stats
The current price of USDV (USDV/axlUSDC) on Curve (Fantom) is $0.05026, the price is up 12.87% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.7181 with a total of 7 transactions. USDV/axlUSDC contract address is 0x44c2c46c87b869e276c5b418e0b0e297651eedb0, with a Fully Diluted Valuation (FDV) of $1,124.51 and a liquidity pool of $185.93.
