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Float Protocol is a floating, low-volatility currency for web3 with staking features. Key features of Float Protocol:
Crypto Native. Supported openly by a basket of crypto assets. The price is stabilized via smart contract Dutch Auctions allowing for supply to be contracted or expanded as necessaryProtect your Purchasing Power. Escape the great monetary inflation of fiat currencies and dollar-pegged stablecoinsDecentralised. No need to trust third parties or rely on a single state’s monetary policyTwo Token System. BANK captures the volatility of FLOAT, as well as capturing any speculative demand. In return, it supports the price of FLOAT in times of reduced demandOpen Governance. The initial supply of BANK was issued by a democratic launch designed to achieve wide distribution across different crypto communities and to incentivize ownership by users who are active participants in other decentralized protocolsProfit through deflation. Any excess demand causing the basket to overflowing is used to burn BANK.Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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