Float Protocol (BANK) - USD

$ 0.06333
2 min ago
(-11.50%)
Market cap.
$ 20.91 K
Vol 24h
BANK 2,960,861.4 ($ 187,518.5)
Low/High 24h
$ 0.06319 - $ 0.07661
Open 24h
$ 0.07156
EUR GBP 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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