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Kokoa Stable Dollar

Kokoa Stable Dollar KSD Price $ 0.501

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Stablecoin

KSD Price

0.501
2.88%
(-$ 0.0149)
Price Range
LowHigh
$ 0.500$ 0.524

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

KSD is a crypto-collateralized decentralized stablecoin

Kokoa Stable Dollar (KSD) Chart

The Kokoa Stable Dollar to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

KSD to USD Converter

Kokoa Stable Dollar (KSD)KSD

KSD Price Statistics

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Market Cap

N/A

FDV

$ 7.55M

24 Trade Vol.

$ 35.00

Total Supply

KSD 15,070,296

Listing Date

7 Nov 2022

All Time High

$ 1.36

14 Jan 2024


All Time Low

$ 0.443

25 Mar 2024


From ATH

63.1%

From ATL

13.2%

What is Kokoa Stable Dollar (KSD)?

KSD is a crypto-collateralized decentralized stablecoin. Minting KSD requires the deposits of the collaterals in CDP worth more than the value of the minted KSD. The LTV(Loan-to-Value) ratio of a CDP must be lower than the Maximum LTV Limit set by the governance, which will initially be 45%, and if the ratio exceeds the Minimum Liquidation Threshold, say 60%, the collateral assets in the CDP will be liquidated. Through this mechanism, the system can maintain the value of each KSD.

Kokoa Finance is a crypto-asset-backed stablecoin platform where users can borrow KSD stablecoin against crypto assets without paying any nominal cost.

Kokoa Stable Dollar Price Today

Kokoa Stable Dollar's current price is $ 0.501, it has dropped -2.88% over the past 24 hours.

Kokoa Stable Dollar's All Time High (ATH) of $ 1.36 was reached on 14 Jan 2024, and is currently -63.1% down.

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