Balanced Dollar (BALN)

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised, cross-chain stablecoin that tracks the price of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with support for assets from a variety of blockchains. bnUSD is not experimental or algorithmic: it's over-collateralised, so the total supply cannot exceed the value that backs it.

Category:CDP

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Token Information

Address:icon:cxf...90d59a

Methodology

TVL consists of collateral deposits made to the lending program and the stability fund.