Where to buy Interest Protocol USDi coin
The Usdi coin is hard to get, owing to the shortage of cryptocurrency exchanges that offer it. The 1 exchange offer one pair: 0X2A54.../0XC02A.... More information, including last project news, price prediction and market cap is located above.
Where to buy Interest Protocol
Step 1You need an account with a cryptocurrency exchange that supports Interest Protocol USDi cryptocurrency. All of them provided on our site. Create it, if you don't already have it or login with your credentials.
Exchanges
Name | Fee | Trust | DeFi | Volume | |
---|---|---|---|---|---|
Uniswap (v2) | 0.3 / 0.3 | MEDIUM | No | $1737 |
Buy or transfer with P2P this coin: 0XC02A....
Step 3Switch to spot market on exchange and type the token name in search box. Select from available trading pairs, then set order and push Buy USDI button.
Congratulations!
By clicking buy, the Interest Protocol USDi token will be available on your account on the crypto exchange. Be aware that just transferring your coins off cryptocurrency exchange into offline hardware wallet, you can improve protection of your investments. Not only does this lower your risk if your trading platform of choice gets hacked, but if you transfer a “cold,” or offline, wallet, your Interest Protocol USDi becomes virtually unbreakable. Only con is generally have to pay a small fee to transfer your coins from the crypto exchange.
What is Interest Protocol
What Is USDi? USDi is an over-collateralized stablecoin issued by Interest Protocol. Interest Protocol (IP) is the first fractional reserve banking protocol on the Ethereum blockchain that pays interest to all depositors. Users can mint 1 USDi by depositing 1 USDC into Interest Protocol, and can receive 1 USDC from the protocol by burning 1 USDi that they hold. In addition, users can deposit assets into a multi-collateral vault and borrow USDi against that collateral. Regardless of how they obtained USDi, all USDi holders automatically earn yield without having to spend gas to stake. Given the same amount of capital, Interest Protocol can generate more loans with less liquidity risk than existing lending protocols without fractional reserves. Interest Protocol automatically manages its reserve ratio—USDC in the protocol’s reserve over the total supply of USDi—by employing a variable interest rate system. As the reserve ratio decreases, the borrow and deposit rates of USDi increase, and vice versa. How Many USDi Tokens Are There in Circulation? USDi is a stablecoin and has no predetermined total supply. Who Built Interest Protocol? Interest Protocol was developed by GFX Labs
Video Review
Anchor Protocol: Terra's DeFi Ecosystem Explained!
Statistics and Externals
Concepts of hashing algorithm doesn't apply in case of Interest Protocol USDi coin.
Price and supply
The current total supply is 0, with a circulating supply of 0 USDI as of Nov 2024. The Interest Protocol USDi maximum supply is 38034.
The price of Usdi token is $1.0159 as of 03:32 AM. The price went down on 0% over the past 24 hours. The recent price action left the token's market capitalization at 0 united states dollars. Thus far past 30 days, the Interest Protocol USDi cryptocurrency has a change of 0%.
FAQ
What crypto exchange can I buy Usdi coin?
Interest Protocol USDi token can be purchased from 1 exchange. And these are some of them: Uniswap (v2).
Is Interest Protocol USDi a good investment?
The Usdi has a high risks of price fall. Because of high volatility of all cryptocurrency market you have to understand: you can lose all of your invested funds, unexpected changes in market can lead to sharp and sudden moves in price and any cryptocurrency has a possibility price to crash to zero. Aside from that investing in cryptocurrencies is possible extremely profitable.
Comments
About the author
Qayyum Rajan, CFA is a fintech entrepreneur with multiple exits. He started his startup and blockchain career in 2017 building software to automate securities issuance on Ethereum, and never stopped building.
Follow on Twitter