CUSD
Coin98 Dollar Rank 4878
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Coin98 Dollar
Coin98 Dollar Price $ 1.01
$ 1.01
Coin98 Dollar 24h Vol
$4,920
$4,920
Coin98 Dollar Market Cap $0
$0
24h Vol
0 BTC 1 H
0.84 %
24 H
-4.36 %
7 d
4.80 %
Today Coin98 Dollar price in US dollars is currently
1.01
USD, and if converted to Bitcoin is
0.00002347
BTC. A total of N/A are currently circulating in the Market. Coin98 Dollar price is currently experiencing a change of -4.36 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Coin98 Dollar have been traded on Crypto Exchanges. Get Coin98 Dollar's progress by adding it to your favourites and creating a free portfolio.
Full Name
Coin98 Dollar
Symbol
CUSD
Algorithm
ETH Token
BTC Price
0.00002347 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 CUSD
1h
0.84 %
24h
-4.36 %
7d
4.80 %
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Description
Description
Carbon is a non-collateralised stable coin that has two types of tokens, the Carbon stable coin and the Carbon Credit token (“Carbon Credit”). If the demand of the Carbon stable coin starts to decrease Carbon Credits are auctioned off via a reverse Dutch auction smart contract to the market participants who are willing to burn their stable coins (Carbon). On the other scenario, when the demand for the Carbon stable coin increases new minted stable coins are distributed to Carbon Credit holders on a pro-rata basis, originating downward pressure to push the price back to the peg.
