RevenantLabs

RevenantLabs

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Launched by the team at Revenant Finance (formerly StakeSteak) on 8 January 2022, Creditum is a lending and borrowing protocol within the Fantom Ecosystem that allows users to borrow (or mint) cUSD, a stablecoin pegged at $1 USD, by posting different tokens as collateral. With access to cUSD, users are able to earn an annualized percentage yield (APY) on available farms to earn CREDIT, while maintaining exposure and gain access to other benefits as future projects are launched.
  • 시장
    가격
    24H 권
    24H (가격)
    24H (부피)
  • SpookySwap
    CREDIT/0XC165D941481E68696F43EE6E99BFB2B23E0E3114 % count % 1 년 전
    $ 0.8377
    $ 74.32
    -
    -
To be announced
토큰 세부 정보
증권 시세 표시기
CREDIT
총 공급
50,000,000
토큰 배포
8,584,575 CREDIT to RVNT holders = ~17.2%
32,900,000 CREDIT to Treasury and Emissions = 65.8%
8,515,425 CREDIT for Team Allocation = 17%
추가 세부 사항
카테고리
플랫폼

약 RevenantLabs

The Fantom network still lacks a functional native stablecoin. With cUSD, the Revenant Finance team hopes to fix that. Initially, cUSD has been released independently to prove its functionality at keeping cUSD pegged to $1 USD. Eventually with the cooperation of the Fantom Foundation, cUSD will be able to migrate from the old fUSD to finally introduce a functional native stablecoin to the Fantom Ecosystem.

Importance of cUSD

Initially, cUSD has been released independently to prove its capability of maintaining peg at $1 USD and act as a functional stablecoin. Eventually, cUSD will become the fundamental token that builds up Singularity Swap. Singularity Swap is the next project that will be released by the team at Revenant Finance.

How is cUSD pegged at $1?

Since Creditum requires overcollateralization — whereby the value of a user’s posted collateral to borrow cUSD exceeds the value of cUSD borrowed — each cUSD unit is backed by at least $1 USD in collateral. This allows the protocol to liquidate users’ collaterals in the event of market downturns, ensuring cUSD’s solvency, and thus, keeping cUSD pegged at $1 USD. In short, the value of the assets received by the protocol from users who mint cUSD is far greater than the value of its liabilities, and, as such, the protocol remains solvent at all times.

RevenantLabs 최근 뉴스

  • 정보 업데이트에는 시간차가있을 수 있으므로 각 ICO 프로젝트에 대한 정확한 정보는 공식 웹 사이트 또는 기타 커뮤니케이션 채널을 통해 확인해야합니다.
  • 이 정보는 ICO 기금 투자에 대한 제안이나 조언이 아닙니다. 관련 정보를 철저히 조사하고 ICO 참여를 결정하십시오.
  • 이 콘텐츠에 대해 수정해야 할 문제 또는 문제가 있다고 생각되거나 자신의 ICO 프로젝트를 제출하고자 할 경우 이메일을 보내주십시오. a>
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