| General information | |
|---|---|
| Global rank: | 4995 |
| Name: |
Defrost Finance |
| Symbol: | MELT |
| Current coin price (AUD): | 0.012 $ |
| Last hour: | arrow_downward-0.390 % |
| Last 24 hours: | arrow_downward-20.23 % |
| Last 7 days: | -62.23 %trending_down |
| Capitalisation (AUD): | 0.000000 $ |
| Volume 24h (AUD): | 13 576.69 $ |
| Available supply: | 0.000000 MELT |
| Total coin supply: | -1 MELT |
| Start date: | 0000-00-00 |
Defrost Finance/Australian Dollar (MELT/AUD) price chart
Defrost Finance/Australian Dollar (MELT/AUD) capitalisation and volume charts
Defrost is a community-based project. Participants can deposit their assets in Liquidity Pools from swaps and mint H2O to acquire MELT, the platform’s governance token. This not only allows them to stake assets but gives them voting rights when decisions are made.
MELT underpins voting power in the Defrost governance. As a governance token, MELT is used by its holders to vote on changes to parameters inside of the Defrost Finance Protocol like collateral types, Stability Fees, the H2O savings rate, liquidity mining incentives, minimum collateral rate, etc.