Name: Float Protocol
SKU: BANK
Price: 0.796201665613 USD

Float Protocol is a floating, low-volatility currency for web3 with staking features. Key features of Float Protocol:<ul><li>Crypto Native. Supported openly by a basket of crypto assets. The price is stabilized via smart contract Dutch Auctions allowing for supply to be contracted or expanded as necessary</li><li>Protect your Purchasing Power. Escape the great monetary inflation of fiat currencies and dollar-pegged stablecoins</li><li>Decentralised. No need to trust third parties or rely on a single state’s monetary policy</li><li>Two Token System. BANK captures the volatility of FLOAT, as well as capturing any speculative demand. In return, it supports the price of FLOAT in times of reduced demand</li><li>Open Governance. The initial supply of BANK was issued by a democratic launch designed to achieve wide distribution across different crypto communities and to incentivize ownership by users who are active participants in other decentralized protocols</li><li>Profit through deflation. Any excess demand causing the basket to overflowing is used to burn BANK.</li></ul>

Float Protocol is a floating, low-volatility currency for web3 with staking features. Key features of Float Protocol:<ul><li>Crypto Native. Supported openly by a basket of crypto assets. The price is stabilized via smart contract Dutch Auctions allowing for supply to be contracted or expanded as necessary</li><li>Protect your Purchasing Power. Escape the great monetary inflation of fiat currencies and dollar-pegged stablecoins</li><li>Decentralised. No need to trust third parties or rely on a single state’s monetary policy</li><li>Two Token System. BANK captures the volatility of FLOAT, as well as capturing any speculative demand. In return, it supports the price of FLOAT in times of reduced demand</li><li>Open Governance. The initial supply of BANK was issued by a democratic launch designed to achieve wide distribution across different crypto communities and to incentivize ownership by users who are active participants in other decentralized protocols</li><li>Profit through deflation. Any excess demand causing the basket to overflowing is used to burn BANK.</li></ul>

Float Protocol

Float Protocol is a floating, low-volatility currency for web3 with staking features

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