Float Protocol (BANK) - GBP

£ 0.04123
Just now
(8.22%)
Market cap.
£ 13.61 K
Vol 24h
BANK 9,860,279.9 (£ 406,494.9)
Low/High 24h
£ 0.03712 - £ 0.04978
Open 24h
£ 0.03810
USD EUR JPY CNY BTC

Float Protocol and the FLOAT stablecoin - a floating, low-volatility cryptocurrency designed to be true crypto money. Routine "Dutch auctions" maintain FLOAT's short-term market value and reduce volatility, while a basket of cryptocurrencies held by the Protocol support FLOAT's value over the long-term, allowing the currency to gradually change value over time. This enables users to maintain their purchasing power independent of the fiat market, while transacting freely without concerns of short-term speculation and market volatility, thus providing a crypto-native unit of account.

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