$0.00045821
$-0 1.32%
$0.00043073 / $0.00047132
$0 0%
$458.21K
$3
0 KOKOA
(Not Available)
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1.32%
16.1%
9.45%
33.58%
25.82%
87.79%
Compare live prices of Kokoa Finance on top exchanges.
# | Exchange | Pair | Price | Volume (24h) | Trust Score |
---|---|---|---|---|---|
![]() | 0XB1518.../0X00000... | $0.00045785 | $3 |
The world of cryptocurrencies is dynamic, and staying informed about your favorite digital assets is crucial. In this detailed market overview, we delve into the intricacies of Kokoa Finance, providing you with key insights into its current standing and recent performance.
The current market price of Kokoa Finance stands at $0.00045821. Over the last 24 hours, this digital asset has seen a negative change of 1.32%, bringing the price to a decrease.
The 24-hour trading volume for Kokoa Finance has been notable, reaching $3. This significant trading activity indicates the active engagement of market participants in buying and selling Kokoa Finance.
Currently ranked at (Not Available) in the cryptocurrency market, Kokoa Finance boasts a market capitalization of $0.
Explore the price range of Kokoa Finance in the last 24 hours, from a low of $0.00043073 to a high of $0.00047132. This volatility presents opportunities for traders and investors alike.
The total available supply of Kokoa Finance is 0 KOKOA.
# What is Kokoa Finance (KSD, KOKOA)?Kokoa Finance is the first crypto-asset-backed stablecoin platform built for the Klaytn blockchain. Kokoa Finance is permissonless and entirely on-chain, adopting two-token system: KSD and KOKOA. KSD is decentralized stablecoin operating by collateralizing crypto-asset, whereas KOKOA is a governance token for KokoaDAO.KokoaDAO is a decentralized organization targeting to manage the sustainability and soundness of the KSD monetary system. Users can participate in KokoaDAO by staking KOKOA.# What Makes Kokoa Finance Unique?Aforementioned, KSD is a crypto-collateralized decentralized stablecoin, provided exclusively by Kokoa Finance. Using Kokoa Finance, users can borrow KSD stablecoin without paying any nominal cost.Furthermore, Kokoa Finance internally utilizes “Flash Mint” mechanism, allowing users to easily create leveraged positions. These features contribute to the construction of user-friendly ecosystem, which in turn promote the growth of the entire network.# How are KSD minted and how does KSD maintain its price stability?KSD is a crypto-asset-backed stablecoin, maintaining its price stability via managing various types of collaterals in vaults, and also charging stability fee. Collateral Vaults are constantly monitored with price oracles. Based on the monitoring result, long-term demand and supply of KSD is adjusted thereby conserving its pegging with USD.Moreover, KokoaFarm Labs has also launched i4i, its StableSwap DEX of which functionality is expected to be expanded as it combines CryptoPool. As a consequence, KSD prices can also stay stabilized for some short-term period
As of 2024-07-08 15:20:30, the current price of Kokoa Finance is $0.00045821.
As of 2024-07-08 15:20:30, the price change in the last 24 hours for Kokoa Finance is $-0, with a percentage change of 1.32%.
As of 2024-07-08 15:20:30, the 24-hour low and high for Kokoa Finance are $0.00043073 and $0.00047132, respectively.
As of 2024-07-08 15:20:30, the market cap of Kokoa Finance is $0.
As of 2024-07-08 15:20:30, the fully diluted market cap of Kokoa Finance is $458.21K
As of 2024-07-08 15:20:30, the trading volume (24H) for Kokoa Finance is $3.
As of 2024-07-08 15:20:30, the circulating supply of Kokoa Finance is 0 KOKOA.
As of 2024-07-08 15:20:30, the max supply of Kokoa Finance is (Not Available)