Teddy
TEDDY

0.1886
11.41 %
Change 24h
Market Cap
€ 1,458,893
Volume 24h
€ 98,843
Circulating Supply
7,735,730
Total Supply
100,000,000
TEDDY
Description
TEDDY is a token that captures the fee revenue generated by the Teddy Cash Protocol via staking. Teddy Cash is a decentralized borrowing protocol that allows you to draw 0% interest loans against AVAX used as collateral. Loans are paid out in TSD and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool containing TSD and by fellow borrowers collectively acting as guarantors of last resort. Teddy Cash as a protocol is non-custodial, immutable, and governance-free.
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