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ProtocolsBalanced Dollar

Information
TVL

Balanced Dollar (BALN)

Total Value Locked
$5.34m
Chain Breakdown
Icon$5.34m

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with support for assets from a variety of blockchains. bnUSD is not experimental or algorithmic: it’s over-collateralised, so the total supply cannot exceed the value that backs it.

Category:CDP

Token Information

Address:cxf61cd5...a09619

Methodology

TVL: TVL consists of collateral deposits made to the lending program and the stability fund.