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Moola Celo USD mCUSD Price $ 0.964
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Stablecoin
mCUSD Price
General Info
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Celo
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Description
Moola Celo USD is a transferable cERC-20 token that represents claims on deposited assets plus accumulated yield in Moola Market
Moola Celo USD (mCUSD) Chart
mCUSD to USD Converter
mCUSD
What is Moola Celo USD (mCUSD)?
Moola Celo USD is a transferable cERC-20 token that represents claims on deposited assets plus accumulated yield on Moola Market. Each mToken is redeemable for exactly one Token (e.g. 1 mcUSD = 1 cUSD). When a wallet deposits Tokens into Moola Market, it receives an equivalent quantity of mTokens in return.
Moola Market is a non-custodial liquidity protocol that is democratizing access to yield and credit. Depositors earn compound interest which is paid for by borrowers who take over-collateralized loans, delegated loans, or flash loans.
Moola Celo USD Price Today
Moola Celo USD's current price is $ 0.964, it has dropped -0.59% over the past 24 hours.
Moola Celo USD's All Time High (ATH) of $ 1.24 was reached on 11 Mar 2024, and is currently -22.5% down.
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