SEX/DAI
What is the project about? The decentralized reserve currency designed to serve the ever growing Web3 financial ecosystem on PulseChain. What makes your project unique? OlympulseX is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, OlympulseX is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between SEX and stablecoins like USDC is that SEX is backed but not pegged to a certain price. Technically, the price floor for SEX is 1 DAI, but practically a premium and the treasury value is added to the price. SEX differs from other algorithmic stablecoins because it issues SEX to buy DAI and other assets and maintain a treasury. This mechanism allows the SEX token to float. History of your project. N/A What’s next for your project? New bonds What can your token be used for? Staking
Score | 15 |
|---|---|
24h Vol | $0 |
Liquidity | $283.14 |
Holders | N/A |
Audits | |
Age | 2 years |
FDV | $25K |
Market Cap | $25K |
SEX to DAI Converter
Score | 15 |
|---|---|
24h Vol | $0 |
Liquidity | $283.14 |
Holders | N/A |
Audits | |
Age | 2 years |
FDV | $25K |
Market Cap | $25K |
About OlympulseX (SEX)
What is the project about? The decentralized reserve currency designed to serve the ever growing Web3 financial ecosystem on PulseChain. What makes your project unique? OlympulseX is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency. Though sometimes called an algorithmic stablecoin, OlympulseX is more akin to a central bank since it uses reserve assets like DAI to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between SEX and stablecoins like USDC is that SEX is backed but not pegged to a certain price. Technically, the price floor for SEX is 1 DAI, but practically a premium and the treasury value is added to the price. SEX differs from other algorithmic stablecoins because it issues SEX to buy DAI and other assets and maintain a treasury. This mechanism allows the SEX token to float. History of your project. N/A What’s next for your project? New bonds What can your token be used for? Staking
Update Token InfoSEX/DAI Price Stats
The current price of SEX (SEX/DAI) on PulseX is $0.343, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. SEX/DAI contract address is 0x2d593b3472d6a5439bc1523a04c2aec314cbc44c, with a Fully Diluted Valuation (FDV) of $25,043.66 and a liquidity pool of $283.14.
