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Cryptocurrencies: 22097
Exchanges: 630
Market Cap: $$3.01T
24h Vol: $185.70B
Dominance: BTC: 60% ETH: 12.5%
ETH Gas: 29 Gwei
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True Seigniorage Dollar (TSD) is an algorithmic stablecoin that aims to be the reserve currency of decentralized finance. TSD uses a variety of mechanisms to form an agreement, and its functions are:
Decentralization - can only be upgraded through on-chain token governance;
Self-stabilization - using on-chain price predictions;
Synthesizable - The token is a regular ERC-20 token that acts as a stablecoin and governance token.
OPTIONAL SUPPLY ADJUSTMENTS - All supply adjustments are incentivized and voluntary.