| General information | |
|---|---|
| Global rank: | 4832 |
| Name: |
Bankless DAO |
| Symbol: | BANK |
| Current coin price (PHP): | 0.144 ₱ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_upward5.24 % |
| Last 7 days: | -1 %trending_down |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 828 292.05 ₱ |
| Available supply: | 0.000000 BANK |
| Total coin supply: | -1 BANK |
| Start date: | 2021-02-05 |
Bankless DAO/Philippine Peso (BANK/PHP) price chart
Bankless DAO/Philippine Peso (BANK/PHP) capitalisation and volume charts
Float Protocol and the FLOAT stablecoin - a floating, low-volatility cryptocurrency designed to be true crypto money. Routine "Dutch auctions" maintain FLOAT's short-term market value and reduce volatility, while a basket of cryptocurrencies held by the Protocol support FLOAT's value over the long-term, allowing the currency to gradually change value over time.
This enables users to maintain their purchasing power independent of the fiat market, while transacting freely without concerns of short-term speculation and market volatility, thus providing a crypto-native unit of account.