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Loan Protocol

Loan Protocol LOANPrice $ 0.0006

LOAN Price

0.0006
20%
Price Range
LowHigh
$ 0.0005$ 0.0006

Proton Loan has been rebranded to Loan Protocol on XPR Network.

General Info

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# Token

Description

Loan Protocol is a non-custodial decentralized lending protocol built on Proton blockchain

Loan Protocol (LOAN) Chart

Loan Protocol price Index provides the latest LOAN price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

LOAN to USD Converter

Loan Protocol (LOAN)LOAN

LOAN Price Statistics

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Market Cap

$ 17.08M

Fully diluted value

FDV

$ 61.34M

ATH Market Cap

$ 22.12M


Vol. (24h) / MCap

0.00...104

Total Supply

LOAN 102,242,444,518

Circulating Supply

LOAN 28.46B

(27.8% of Total Supply)

All Time High

$ 0.0015

12 Apr 2024


All Time Low

$ 0.00...444

3 Sep 2023


From ATH

60.1%

From ATL

13,404%
Trending Loan Protocol Fiat Pairs

What is Loan Protocol (LOAN)?

Loan Protocol is a non-custodial decentralized lending protocol consisting of two parties:

  • Depositors who lend tokens to a market
  • Borrowers who borrow the lent tokens from a market and pay interest to the depositors in return.

Each borrowing market has a Collateral Factor, a percentage value determining the max a user can borrow versus their deposited value (common values are ~70%). Thus, to borrow $B, a borrower has to put up $C as collateral.

When you stake your LOAN on ProtonLoan.com, it is automatically wrapped into Staked-LOAN, or sLOAN. While staked, it will accrue interest, allowing you to vote on governance decisions for the Proton Loan ecosystem like what coins to add next. When you’re ready to unstake your crypto, the sLOAN will automatically be unwrapped and deposited back into your wallet as LOAN.

Governance decisions will include: 

  • Which tokens can be collateralized on the protocol to be borrowed or lent
  • What the interest rate curves will be for borrowing tokens 
  • Other similar governance decisions as needed.

Loan Protocol Price Today

Loan Protocol's current price is $ 0.0006, it has increased +20% over the past 24 hours.

Loan Protocol's All Time High (ATH) of $ 0.0015 was reached on 12 Apr 2024, and is currently -60.1% down.

The current circulating supply of Loan Protocol is 28.46 Billions coins, and the maximum supply of LOAN is unlimited.

Loan Protocol’s 24 hour trading volume is $ 17.77.

Loan Protocol (LOAN) operates on its own blockchain.

Loan Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 17.08 Million.

You can find more details about Loan Protocol on its official website and on the block explorer.

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