Alternity CNY(LCNY)
Market Cap$5,516
Price-
Total Circulating37,300
Stablecoin Information
Alternity protocol is a fork of the initial code of the Liquity Protocol. Minor amendments have been added to the protocol logic in order to make the stablecoin Yuan-pegged.
Category:crypto-backed
Minting and RedemptionUsers can redeem their LCNY for ETH at any time without limitations. However, a redemption fee might be charged on the redeemed amount.
Audits:No