| General information | |
|---|---|
| Global rank: | 2817 |
| Name: |
Empty Set Dollar |
| Symbol: | ESD |
| Current coin price (MGA): | 1.91 Ar |
| Last hour: | arrow_downward-0.050 % |
| Last 24 hours: | arrow_upward0.480 % |
| Last 7 days: | 0.220 %trending_up |
| Capitalisation (MGA): | 852 470 112.24 Ar |
| Volume 24h (MGA): | 9 055.15 Ar |
| Available supply: | 446 012 145.00 ESD |
| Total coin supply: | -1 ESD |
| Start date: | 2021-01-04 |
Empty Set Dollar/Malagasy Ariary (ESD/MGA) price chart
Empty Set Dollar/Malagasy Ariary (ESD/MGA) capitalisation and volume charts
Empty Set Dollar (ESD) is an algorithmic stablecoin built to be the reserve currency of Decentralized Finance.
ESD uses an algorithmic approach to maintaining price stability around a 1 USDC target. This approach relies on a tuned incentivization mechanism to reward actors who promote stability within the protocol.