| General information | |
|---|---|
| Global rank: | 4139 |
| Name: |
Pledge |
| Symbol: | PLGR |
| Current coin price (XDR): | 0.000030 XDR |
| Last hour: | arrow_upward4.15 % |
| Last 24 hours: | arrow_upward23.10 % |
| Last 7 days: | -84.27 %trending_down |
| Capitalisation (XDR): | 0.000000 XDR |
| Volume 24h (XDR): | 13 089.80 XDR |
| Available supply: | 0.000000 PLGR |
| Total coin supply: | -1 PLGR |
| Start date: | 2021-08-26 |
Pledge/Special Drawing Rights (PLGR/XDR) price chart
Pledge/Special Drawing Rights (PLGR/XDR) capitalisation and volume charts
Pledge is a decentralized protocol that establishes money markets with algorithmically optimized fixed interest rates. Users who hold pTokens, Pledge’s Liquidity Provider tokens, receive a fixed interest rate called annual percentage yield (APY) with earnings accumulated per block, while borrowers pay fixed and predictable interest. Unlike other DeFi lending protocols, Pledge creates various liquidity pools with different maturities for a given crypto asset featuring fixed lending terms. This allows users to frictionlessly exchange the time value of money derived from crypto assets and stablecoins. Pledge also aims to meet the demand for portfolio diversification from crypto-asset owners looking to diversify into non-crypto assets.