Today's TSD Stablecoin price is $1.1354, which is down 2% over the last 24 hours. TSD Stablecoin's market cap is unknown. 24 hour TSD volume is $275.08. It has a market cap rank of 9321. TSD Stablecoin is traded on exchanges. TSD Stablecoin had an all-time high of $1.5359 about 2 months ago. Over the last day, TSD Stablecoin has had 0% transparent volume and has been trading on 12 active markets with its highest volume trading pairs being .
Teddy Cash is a decentralized borrowing protocol that allows you to draw interest-free loans against AVAX used as collateral. Loans are paid out in TSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. Learn more about these mechanisms in our documentation. https://docs.teddy.cash/
The Teddy Dollar (TSD) is the first stablecoin on the Avalanche network that uses AVAX as collateral. In addition to the collateral, the loans are secured by a Stability Pool containing TSD and by fellow borrowers collectively acting as guarantors of last resort. Teddy Cash as a protocol is non-custodial, immutable, and governance-free.
The Teddy Cash protocol offers interest-free loans and is more capital efficient than other borrowing systems (i.e. less collateral is needed for the same loan). Instead of selling AVAX to have liquid funds, you can use the protocol to lock up your AVAX, borrow against the collateral to withdraw TSD, and then repay your loan at a future date.
What’s the current TSD Stablecoin price? How much is 1 TSD Stablecoin worth?
The price of 1 TSD Stablecoin is $1.1354. Over the last 24 hours, a TSD Stablecoin is worth -1.80% less. Visit our currency converter page to convert TSD prices to currencies other than USD.
When did TSD Stablecoin start?
The earliest trading data for TSD Stablecoin is on August of 2021 (based on current exchange data).
How high can the TSD Stablecoin price go?
TSD Stablecoin’s price has gone as high as $1.5359 (which is TSD’s all-time high). It achieved this price about 2 months ago. Speculations abound for how high TSD Stablecoin’s price will get in the future.
What's the smart contract address for TSD Stablecoin?
TSD Stablecoin's smart contract address is 0x4fbf0429599460d327bd5f55625e30e4fc066095.
Today's TSD / TSD Stablecoin News for June 29, 2022