AstridDAO is a decentralized money market and multi-collateral stablecoin protocol built on Astar Network and for the Polkadot ecosystem, which allows users to borrow $BAI, a stablecoin hard-pegged to USD, against risk assets at 0% interest and minimum collateral ratio. This means you can use the value in your risk assets including $ASTR, $BTC, $ETH, $DOT, etc. without having to sell them.
Where is BAI Stablecoin available for purchase?
You can exchange BAI tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BAI Stablecoin is ArthSwap, notably the BAI/WASTR pair, which saw a trading volume of $ 19,295.09 in the past day.
What is the highest value BAI Stablecoin (BAI) has ever reached?
BAI Stablecoin (BAI) reached its peak price at 1.25 $ on 18 December 2023, approximately 7 months ago ago. Presently, the current price is -20% lower than this all-time high.
What is the historical minimum price for BAI Stablecoin (BAI)?
The minimum price reached for BAI Stablecoin (BAI) was 0.8763 $, documented on 11 March 2023, more than a year ago. In comparison, the current price is 14.1%, it above this historical low.
What is the fully diluted valuation of BAI Stablecoin (BAI)?
The fully diluted valuation (FDV) of BAI Stablecoin (BAI) stands at $ 1,25 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of BAI tokens. The realization of this FDV might take several years depending on the emission schedule of BAI tokens.