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FIAT is a decentralized finance protocol built on Ethereum that lets users obtain leverage and tap secondary liquidity using their fixed-income holdings. Users can deposit assets from supported fixed income asset protocols as collateral to mint $FIAT. In the protocol, $FIAT may be used to repay users' debt positions and to take possession of the cheapest-to-deliver assets.
FIAT DAO is the digital cooperative responsible for guiding the protocol’s development. At present, FIAT DAO Token holders can vote and receive rewards. When the protocol launches, FDT will be used to manage risk settings within the FIAT protocol.
Key features of FIAT:
Leverage. Create FIAT through collateralized debt positions and use it for trading and earning across DeFiProvide Liquidity. Join FIAT liquidity pools to earn governance influence within the protocol and moreDiversify. Offset risk by hedging exposure across many underlying assets, protocols, and time horizonsSwap. Redeem FIAT for fixed income assets without relying on order books or market makers.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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