Teddy Cash [TEDDY]
Teddy Cash Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Teddy Cash's current price is $ 0.378, it has increased +45.5% over the past 24 hours.
Teddy Cash's All Time High (ATH) of $ 5.32 was reached on 29 Sep 2021, and is currently -92.9% down.
Teddy Cash Price
Teddy Cash price Index provides the latest TEDDY price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Teddy Cash to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
TEDDY to USD Converter
Teddy Cash Quarterly Returns ($)
Teddy Cash Closing Price (USD) - Quarterly
Teddy Cash Monthly Returns ($)
Teddy Cash USD (TEDDY - USD) Price Change
|24H||$ 0.118||+45.5%||$ 0.400||$ 0.218|
|7D||-$ 0.241||-38.9%||$ 0.745||$ 0.218|
|14D||-$ 0.431||-53.3%||$ 0.861||$ 0.218|
|1M||-$ 4.38||-92%||$ 5.32||$ 0.218|
Teddy Cash Annual Price
|2021||+100.6%||$ 5.32||$ 0.0469|
What is Teddy Cash
Teddy Cash is a fork of the Liquidity protocol for Avalanche C-Chain. Teddy Cash follows Liquity’s vision of a completely decentralized borrowing protocol with interest-free loans, high capital efficiency, and a censorship-resistant stable coin (TSD or TEDDY Stable Dollar).
While Teddy Cash provides an easy-to-use UI, we incentivize other DeFi projects to integrate Teddy Cash directly into their frontends via a rewards mechanism. This will prevent censorship by governments and by the team itself, see Uniswap Token ban debacle. Furthermore, the protocol is completely autonomous and works without a DAO or governance. This is one lego block in Avalanche’s vision of a decentralized finance smart contract platform.
Teddy Cash has the following benefits:
- 0% ongoing interest-rate
- 0.5% one-time fee when opening a loan
- A collateral ratio of only 110%
- Governance free, no DAO, no interventions, no updates
- Directly redeemable — TSD can be redeemed at face value for the underlying collateral, always and at any time
- Censorship resistance — the protocol is controlled by nobody and cannot be halted
- No central UI that suddenly changes the rules.