BondAppetite USD [USDAP]
BondAppetite USD is the first DeFi protocol that connects real-world debt instruments with the Ethereum ecosystem
BondAppetite USD Market Cap
24h Trade Volume
All-Time-High (ATH) Price
BondAppetite USD's current price is $ 0.841, it has increased +0.01% over the past 24 hours.
BondAppetite USD's All Time High (ATH) of $ 1.03 was reached on 6 Oct 2021, and is currently -18.7% down.
The maximum supply of BondAppetite USD that will ever be issued is 1.09 Million tokens, and the current supply of USDAP in circulation is 1.09 Million tokens.
BondAppetite USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 914.55 Thousands.
BondAppetite USD Price
BondAppetite USD price Index provides the latest USDAP price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The BondAppetite USD to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
USDAP to USD Converter
What is BondAppetite USD
BondAppetite USD is the first and the only DeFi protocol with a stablecoin fully backed by real-world assets with a fixed periodic income. Businesses can borrow money (in fiat as well as in crypto) from the protocol, providing bonds as collateral.
BondAppetite USD is based on the Ethereum blockchain and provides a wide range of unique features:
- Real-world collateral (bonds)
- An infrastructure that connects decentralized finance and traditional debt instruments with the participation of regulated securities and cryptocurrency broker/dealers
- Use of real-world debt obligations (and corresponding interest payments) within the protocol to provide real fiat cash flow to governance token liquidity pools.
The main asset inside the protocol’s ecosystem is the stablecoin — BondAppetite USD (USDap). The price of USDap equals $1 at all times. The token is issued only if the protocol has sufficient collateral. Information regarding the collateral can be checked through blockchain at any time. The USDap price is balanced automatically based on a basket of real-world debt obligations that form part of the protocol’s assets.