XAI(XAI)
Market Cap$4.86m
Price$1
Total Circulating4.86m
500,561
Stablecoin Information
XAI is an over-collateralized stablecoin with a soft peg to the US Dollar in the Silo lending protocol.
Category:crypto-backed
Minting and RedemptionUsing the Silo Finance app, users can borrow XAI by depositing ETH or USDC as collateral. When the loan is repaid to retrieve the collateral, the paid back XAI is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 4.86m |