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Lodestar LODEPrice $ 0.00435
LODE Price
General Info
Contracts/Explorers:
Arbitrum
Funds and Backers
Lodestar (LODE) Chart
LODE to USD Converter
LODE
What is Lodestar (LODE)?
Lodestar Finance is an algorithmic borrowing and lending protocol that is aiming to bring the critical DeFi primitive of decentralized money markets to Arbitrum communities. Key Features of Lodestar Finance:
- Earn interest on assets like MAGIC, DPX, and plvGLP by supplying them to the protocol
- Collateralize your deposit, which enables the ability to borrow crypto assets
- Access liquidity without creating a taxable event
- Employ leveraged trading strategies (long and short positions) by utilizing the borrowing functionalities of the protocol
- Unlock the liquidity of yield bearing assets such as plvGLP without sacrificing the underlying yield.
LODE is a governance token that represents a holders share in the DAO. As a token holder you can vote in proposals governing the platform, and voting power is proportional to token share. Governance would encompass where emissions are directed, adding new pools/products and managing the community fund and treasury.
Lodestar Price Today
Lodestar's All Time High (ATH) of $ 2.57 was reached on 15 Apr 2023, and is currently -99.8% down.
The current circulating supply of Lodestar is 13.32 Million tokens, and the maximum supply of Lodestar is 20.00 Million.
Lodestar’s 24 hour trading volume is $ 47.08.
Lodestar's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 57.94 Thousands.
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