About Davos.xyz USD
Davos is a brand new protocol that provides an easy-to-use lending and staking experience to users with a dual token model system. Through a yield-earning over-collateralized debt position backed by accepted collateral and DeFi liquid staking rewards, users will be able to borrow a stable asset that can generate consistent yield. There are several passive earning opportunities within DeFi, but those income streams are subject to strong fluctuations, and many have high entry fees. Liquid staking is quickly becoming the most stable way to generate income (in percentage terms). Using the well-established MakerDAO model, Davos adds another layer of composability to generate additional passive income by using collateralized lending on top of staking rewards from its Stable Asset Davos. Davos Protocol allows users to effortlessly borrow DAVOS Stable Assets against their over-collateralized crypto assets while maintaining their liquidity. When users deposit crypto in smart contracts, they receive an equivalent liquid derivative token. This is a token that remains fungible and transferrable in addition to earning rewards regularly. Davos has been built by experienced DeFi experts and smart contract developers with the goal to position the world-class revolutionary DAVOS Stable Asset as the most widely used decentralized stable asset protocol, by leveraging Proof-of-Stake (PoS) rewards, Liquid Staking, and yield-bearing assets. By taking advantage of Liquid Staking and providing an APR of around 6-12%, Davos will provide users with a stable yearly APR of up to 9-24% for yield farming in the liquidity pool. The Davos team aims to help promote blockchain technologies into mainstream adoption by incentivizing borrowers and stakers to become a part of a new decentralized economy of scale.
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Sign me upMarket Stats
Market Cap
€90.77K
-0.77%
FDV
Not enough data
Circ. Supply
105K DUSD
Max Supply
Not enough data
Total Supply
105K DUSD
Diluted Valuation
€89.91K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
€10.54K
0.71%
Volume (7D)
€66.86K
Volume (30D)
€316.69K
All time high
€1.05
Price Change (1Y)
0.21%
Additional info about Davos.xyz USD
Recent trends
The latest DUSD price is €0.86. Compared to Davos.xyz USD's value of €0.87 from 24 hours ago, there's been a -0% decrease, while the current price is -0% down from €0.87 which was recorded one week ago. Davos.xyz USD's all time high is €1.05, which was reached on October 31, 2023. This is a -18% change from its price today.
The market cap is currently €90.77K, which is a result of multiplying the current price of Davos.xyz USD(€0.86) by the total supply(104,807 DUSD).
Market details
DUSD vs markets
↘ 28.17%
DUSD vs BTC
↘ 36.84%
DUSD vs ETH
↗ 42.36%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Polygon | 0xEC38621e72D86775a89C7422746de1f52bbA5320 | |
Optimism | 0xb396b31599333739A97951b74652c117BE86eE1D | |
Ethereum | 0xa48F322F8b3edff967629Af79E027628b9Dd1298 | |
BNB Smart Chain | 0x8EC1877698ACF262Fe8Ad8a295ad94D6ea258988 |
Price history
Time | Price | Change |
---|---|---|
Today | €0.86 | ↘ 0.43% |
1 Day | €0.87 | ↘ 0.43% |
1 Week | €0.87 | ↘ 0.12% |
1 Month | €0.88 | ↗ 0.97% |
1 Year |