0x47eb6...eb1241d
| Contract | 0x47eb6...eb1241d Verify address w/ multiple resources & DYOR |
|---|---|
| Blockchain | |
| Website | https://www.defrost.finance/ |
| Community |      |
Defrost Finance Price (MELT)
MELT Daily Performance
Today's Defrost Finance price is $0.891555, which is up 42% over the last 24 hours. Defrost Finance's market cap is unknown. 24 hour MELT volume is $642,560. It has a market cap rank of 3144. Defrost Finance is traded on exchanges. Defrost Finance had an all-time high of $17.62 about 2 months ago. Over the last day, Defrost Finance has had 97% transparent volume and has been trading on 5 active markets with its highest volume trading pairs being .
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Defrost Finance Statistics
| Defrost Finance Price (24hr) | $0.891555 (42.38%) |
|---|---|
| Market Cap | |
| Trading Volume (24hr) | $642,560 (294.90%) |
Transparent Vol. (24hr) | $621,41397% (317.52%) |
| Transparency Grade |  (Transparent) |
| Circulating Supply | Unknown |
7D Price Prediction | N/A |
| 1st 1D Candle | Nov '21 |
|---|---|
| 1st Trade | Nov '21 |
| 1st Orderbook | Nov '21 |
| Exchanges | 3 |
| Trading Pairs | 5 |
| Updated | 4 minutes |
Price
$0.891555All-Time High
$17.62Volume
$642,560$642,560Transparent Volume
97%About Defrost Finance
MELT underpins voting power in the Defrost governance. As a governance token, MELT is used by its holders to vote on changes to parameters inside of the Defrost Finance Protocol like collateral types, Stability Fees, the H2O savings rate, liquidity mining incentives, minimum collateral rate, and many others. MELT is the final safety funds to the debts of the Defrost Finance protocols. MELT is bought back from the open market and burnt when Defrost Finance’s protocol reserves exceed a threshold. Inversely, when the Defrost Finance Protocol is suffering from a deficit and the system debt exceeds a threshold, MELT in the stabilizer system will be triggered and auctioned for H2O in order to recapitalize the system.
MELT stakers are eligible for the distribution of the protocol incomes. The protocol incomes are accumulated from the stability fee and liquidation penalty.
MELT will be mined as the incentives for providing liquidity into the Defrost Finance protocols. More utilities will be unlocked in the future, like mining boosters, higher liquidation tolerance rate, NFT privileges, discounts in protocol costs, etc.
Read MoreDefrost Finance Markets
(Top 10)Defrost Finance Historical Data
(Past 7 Days)Frequently Asked Questions
Today's MELT / Defrost Finance News for January 27, 2022
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