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Loan Protocol

Loan Protocol LOAN Price $ 0.000103

8 Watchlists

DeFi

LOAN Price

0.000103
44.3%
(-$ 0.0000818)
Price Range
LowHigh
    $ 0.000103$ 0.000187

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

    General Info

    Explorers:

    Explorers

    Tags (Sub-Categories):

    #Token

    Funds and Backers

    No funds found yet

    Wallets

    No wallets found yet

    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

    leaderboard

    Market Cap

    N/A

    Fully diluted value

    FDV

    $ 7.57M

    24 Trade Vol.

    $ 0.0233

    Total Supply

    LOAN 73,649,596,738

    Listing Date

    5 Oct 2022

    All Time High

    $ 0.0015

    12 Apr 2024


    All Time Low

    $ 0.00...444

    3 Sep 2023


    From ATH

    93.2%

    From ATL

    2,213%

    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 $ 0.000103, it has dropped -44.3% over the past 24 hours.

    Loan Protocol's All Time High (ATH) of $ 0.0015 was reached on 12 Apr 2024, and is currently -93.2% down.

    Loan Protocol (LOAN) operates on its own blockchain.

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

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