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Market Cap$ 2.71T-0.62%
24h Spot Volume$ 52.03B-1.16%
BTC Dominance50.47%-0.05%
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MainCurrenciesDefiDollar DAO
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DefiDollar DAO

DefiDollar DAO DFD Price N/A

17 Watchlists

DeFi

DFD Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Inactive

Funds and Backers

Wallets

No wallets found yet

Description

DefiDollar Finance is a multi-chain DeFi Protocol Lab

DefiDollar DAO (DFD) Chart

DefiDollar DAO price Index provides the latest DFD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 1.08M

Max Supply

DFD 100,000,000

Total Supply

DFD 100,000,000

Listing Date

4 Feb 2022

All Time High

$ 0.0495

10 Feb 2022


All Time Low

$ 0.000595

19 May 2024

What is DefiDollar DAO (DFD)?

DefiDollar Finance is a multi-chain DeFi Protocol Lab. DefiDollar Finance product suite comprises of the following :

  • DUSD - The Stablecoin Index. It mitigates the risk of volatility and systemic failure to stablecoin holdings by creating an index initially backed by Curve LP tokens.
  • ibBTC - Interest-bearing Bitcoin. An interest-bearing BTC index built in collaboration with BadgerDAO
  • Opeth - Option-backed synthetic assets. A put option fused with underlying collateral that among other use cases will also enable capital-efficient stablecoin loans.

DFD acts as the glue for all products in the DeFiDollar ecosystem, being the ultimate vehicle of value accrual from protocol revenue. The primary use cases for DFD follow:

  • Governance: DFD tokens grant the holders the right to participate in the protocol governance process for all products developed by the lab. It is already being used for governance decisions and you can find the proposals here.
  • Fee sharing: DFD can be staked in the v2 Staking Vault on Ethereum to earn revenue from the protocol products - Read the how-to guide here. 

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