Shows what percentage of total EOS collateral ends up inside the REX. All images, branding and wording is copyright of EOSDT. All content on this page is used for informational purposes only.
This reduces the supply of EOSDT and brings its price up to $1 USD. As Bitcoin consolidates, altcoins, especially DeFi coins are having a field day. Chainlink’s LINK which has been trailing new levels since the year began, is presenting itself as one of DeFi’s most promising assets. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
Before the payment, trade cancellation and escrow refunds are possible without any hassle. On eoslocally.com, What is EOSDT and EOS are traded in the exact same way! The only extra step you have to do is “switch” from EOS to EOSDT . The table above shows the price and ROI of EOSDT today and previous years on the same date . Speculations abound for how high EOSDT’s price will get in the future.
Total value of all created tokens, calculated by multiplying total supply and price. Only users with NUT holdings of more than min_proposal_weigh may submit proposals to the governance contract. The number of seconds the system votes to reset vote decay. The framework’s governance contract provides a means for NUT token holders to vote on changing the framework’s parameters. These are large actors who generate a lot of EOSDT for their massive collateral stakes.
What is the highest price for Equilibrium EOSDT?
DApps can be applied in various online industries, including advertising, gaming, social media, banking, real estate, Internet of Things, elections and voting, and so much more. The utilization of dApps is almost limitless, and their number continues to grow every day, so it’s unclear what more the future will bring. BitDegree approach makes dApp & other blockchain-related information well accessible and easily understandable for everyone globally. Marketcap as a % of total marketcap of all tokens, excluding EOS. Get passive income with massive APY on top of your holdings by staking assets that you have in your Guarda Wallet. This parameter governs how long a user must wait before withdrawing EOS from the funds contract.
Number of Block Producers equilibrium proxy is voting for. Top 10 holders of NUT by token count should participate in proposal voting for it to be a valid proposal. A minimum of 51% of the current NUT supply to have been cast in the voting process, like a simple majority shareholder vote.
- This parameter governs how long a user must wait before withdrawing EOS from the funds contract.
- Stablecoins emerged as a way for cryptocurrency investors to park their…
- Moreover, a P2P system ensures that decentralized applications continue to run even if significant parts of the network stop operating.
- This means that no individual, no matter how powerful, cannot control the dApp after its smart contract was launched into the blockchain.
- This is 1% per year by default, payable in EOSDT stablecoins as an interest rate on EOSDT.
- Total amount of purchasing actions made to the dApp’s smart contracts.
This checks that there are no positions left and it calculates a final auction price, the liquidator contract’s bad EOSDT divided by its EOS balance. This method checks that there are no positions left and it calculates a final auction price, the liquidator contract’s bad EOSDT divided by its EOS balance. Collateral balance accumulates on the liquidator contract from positions that were subject to a margin call. This collateral is sold in exchange for EOSDT — a so-called “collateral auction.” Collateral auctions cover EOSDT liability originating from positions that got a margin call.
EOSDT to USD Converter
Liquidated EOSDT and collateral gets a 3% discount to incentivize arbitrators to redeem it from the liquidation contract. The system charges a 15% liquidation penalty by default, taking that percentage of the position’s collateral. The minimum acceptable ratio of pledged collateral to loan value. There are several external actors and internal mechanisms that help maintain market equilibrium.
This locks the positions contract, disabling all methods related to position management except close(). N/AgloballockThis locks the positions contract, disabling all methods related to position management except close(). Defines the fraction of total system collateral being staked every stake period into the REX. This contract handles the liquidation of undercollateralized user positions. When price of EOSDT falls below $1 USD, there’s an incentive for position holders to buy EOSDT on the open market and pay back their positions.
The earliest trading data for EOSDT is on April of 2019 . The all-time high price of Equilibrium EOSDT is $25.00 on Dec 13, 2021 . When the price hits the target price, an alert will be sent to you via browser notification. To receive alerts, please allow web browser notification permission.
The top 21 candidates form the block producing core, and the rest become backup block producers, their priority is also determined by the number of votes they get. It has a circulating supply of 5.4 Million EOSDT coins and a total supply of 5.39 Million. If you are looking to buy or sell Equilibrium EOSDT, FMFW.io is currently the most active exchange. The main benefit of dApps is that they’re completely free from the control of any single authority and operate by logic of smart-contracts.
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EOSDT leverages underlying EOS collateral and adds extra liquidity to the market. The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $17,612.89 and BTC market dominance is %.
These metrics include unique user counts, dApp volume, balance, transaction counts, DeFi statistics, smart contracts, and much more. Doing so, you’ll learn that EOS-powered Equilibrium – EOSDT is ranked as the #7414 dApp, overall. All of the metrics can be viewed in 24-hour, 7-day, and 30-day periods. The Governance Smart Contract lets users who hold NUT tokens submit proposals to change the EOSDT parameters on risk and stability. NUT holders can also vote for a list of EOS block producers they want to support with system’s EOS collateral.
t Century Currency: Cryptocurrency
This specifies the interval at which the system stakes collateral to the REX, as well as collects profit from REX. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website. This link is provided solely for informational purposes https://cryptolisting.org/ and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt.
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Similarly to USDT, EOSDT is pegged to the US dollar but is also backed by other cryptocurrencies. As with other stablecoins, EOSDT offers holders a stable and reliable price, protected against volatility and remaining at a price of 1 USD. It is because of this stability and resistance to risk that EOSDT is used for 4 primary reasons.
This reward is redistributed back to collateral holders and NUT holders. The absolute amount of the reward is calculated dynamically based on overall EOS collateral and corresponding vote weight of Equilibrium proxy. When any position gets liquidated, the positions contract calls this method to increase the amount of “bad debt” on the liquidator contract. N/AreceivecolatThis authenticates a liquidator account and transfers a requested quantity of collateral token to the liquidator contract. MargincalldeA method that gets called when the oracle service calls our contract with a rates update. If there are positions to be liquidated, deferred margin calls will be created and positions will be liquidated in the next blockchain transaction.
EOSDT is pegged to the US dollar and can only be generated with the use of the Equilibrium framework self-service gateway. EOSDT has recently been listed on Bancor and HitBTC, as well as integrated with the most popular EOS wallets, such as EOS Lynx. The table above shows the number of days which EOSDT closed above a certain price level.