Altered Protocol

Altered Protocol

Created using Figma
Created using Figma
Altered protocol is an Elastic token that means the supply can be altered algorithmically by expanding or contracting himself every 24 hours there are some conditions we will explain at continuation.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Terraswap
    ALTE/UST 2 hours ago
    $ 0.0181
    $ 15.229 K
    4.06%
    -74.53%
To be announced
Additional Details
Categories
Platform

About Altered Protocol

Altered is an oracle acting as a tracker, prices are driven by the market but synthetics are elastic tokens and always go in the right direction after a rebase, price of synthetic can be queried by third parties contracts comparing Dex trading price and rebase sponsor price.

Altered is designed to mix the elastic supply (eg. Ampleforth) with the creation of Synthetics Tokens and Derivatives (eg. UMA), all this managed by a DAO.

This project contributes to the evolution we planned for LoTerra, by offering a space dedicated to games on Terra but also for the benefit of all projects.

Synthetic tokens are guaranteed tokens [CW-20] whose value fluctuates according to the token's benchmark. These tokens have 4 characteristics:
  • Price identifier
  • Rebase time
  • Expiration date (at which the contract is settled) (optional, not available at launch)
  • Collateral requirement (must be at least 600% of the value of the tokens issued nut can be changed by DAO vote, for example, to issue $ 100 USD of synthetic gold tokens would require $ 600 USD of locked cryptocurrency as collateral UST or ALTE)

Activity

Followers:
4 262
MEDIUM
Tweets:
67
LOW
30 Days Growth:
91
Members:
883
LOW
30 Days Growth:
4
Alexa

Rank:
296 314
HIGH
Delta:
-168 993

Altered Protocol Last News

$ 0.0170
0.44%
Crypto Stats
Daily, %:
0.44%
Weekly, %:
Monthly, %:
Market Info
Market Cap:
Volume 24h:
$ 12.624 K
Circ. Supply:
Ticker:
ALTE
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