$0.00078353
- Market CapN/A
- 24 Hour Trading Vol$1,681.35
- Fully Diluted Valuation$78,353.379
- Circulating SupplyN/A
- Total Supply100,000,000
- Max Supply100,000,000
- Ratio Finance Price$0.00078353
- Trading Volume$1,681.35
- Market Cap$0
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Ratio Finance allows investors in the Solana ecosystem to extend the capabilities of their liquidity provisioning efforts by minting stable coins (USDr) using their Raydium LP tokens as collateral. USDr (Ratio USD) is a collateralized stablecoin similar to Maker DAO’s DAI. Users will be able to mint USDr by depositing various LP tokens for selected Raydium pools. This not only incentivizes users to bring liquidity to Solana but also will help to accelerate the growth of the entire ecosystem as Ratio Finance attracts more and more liquidity from other chains. Users will also be able to purchase USDr from liquidity pools created by Ratio Finance — this allows Solana ecosystem participants to trade it freely should they not wish to provide liquidity in order to mint it, but would rather use it as a stablecoin asset. These liquidity pools will also help USDr maintain its peg, as it will create opportunities for arbitrage as price peg fluctuates between minting rates and trading rates.
RATIO is the native governance token that is used for:
Whitelisting accepted collateralAdjusting accepted oraclesAdjusting the risk algorithms that are used to assess how much USDr can be minted against respective crypto-assetsUsed to adjust emissions for using different types of collateral on the platformUsed for governance votes to determine how network resources are allocated.Ratio Finance’s initial features include:
Mint USDr by depositing stable Solana LPEarn yield on deposited assets0% interest on USDr mintingNo liquidations on collateral.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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