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Ratio Finance

Ratio Finance RATIO Price $ 0.00455

102 Watchlists

DeFi

RATIO Price

0.00455
4.94%
($ 0.000214)
Price Range
LowHigh
$ 0.00433$ 0.00519

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Ratio Finance is a decentralized finance application platform on Solana designed to accept yield-bearing collateral to mint “USDr”

Ratio Finance (RATIO) Chart

Ratio Finance price Index provides the latest RATIO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

RATIO to USD Converter

Ratio Finance (RATIO)RATIO

ICO

17 Feb — 28 Feb 2022

Raised

$ 2.01M

Price:

$ 2.00

ROI:

0x  -99.8%

Platform:

N/A

ATH ROI:

0.69x  -30.5%

RATIO Price Statistics

leaderboard

Market Cap

N/A

Fully diluted value

FDV

$ 455.14K

24 Trade Vol.

$ 3.78K

Max Supply

RATIO 100,000,000

Total Supply

RATIO 100,000,000

Listing Date

30 Mar 2022

ICO Price

$ 2.00

28 Feb 2022

ICO ROI

99.8%

0.00228x

All Time High

$ 1.39

31 Mar 2022


All Time Low

$ 0.00192

19 Oct 2023


From ATH

99.7%

From ATL

136.6%

What is Ratio Finance (RATIO)?

Ratio Finance allows investors in the Solana ecosystem to extend the capabilities of their liquidity provisioning efforts by minting stable coins (USDr) using their Raydium LP tokens as collateral. USDr (Ratio USD) is a collateralized stablecoin similar to Maker DAO’s DAI. Users will be able to mint USDr by depositing various LP tokens for selected Raydium pools. This not only incentivizes users to bring liquidity to Solana but also will help to accelerate the growth of the entire ecosystem as Ratio Finance attracts more and more liquidity from other chains. Users will also be able to purchase USDr from liquidity pools created by Ratio Finance — this allows Solana ecosystem participants to trade it freely should they not wish to provide liquidity in order to mint it, but would rather use it as a stablecoin asset. These liquidity pools will also help USDr maintain its peg, as it will create opportunities for arbitrage as price peg fluctuates between minting rates and trading rates.

RATIO is the native governance token that is used for:

  • Whitelisting accepted collateral
  • Adjusting accepted oracles
  • Adjusting the risk algorithms that are used to assess how much USDr can be minted against respective crypto-assets
  • Used to adjust emissions for using different types of collateral on the platform
  • Used for governance votes to determine how network resources are allocated.

Ratio Finance’s initial features include:

  • Mint USDr by depositing stable Solana LP
  • Earn yield on deposited assets
  • 0% interest on USDr minting
  • No liquidations on collateral.

Ratio Finance Price Today

Ratio Finance's current price is $ 0.00455, it has increased +4.94% over the past 24 hours.

Ratio Finance's All Time High (ATH) of $ 1.39 was reached on 31 Mar 2022, and is currently -99.7% down.

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