Category #145
$366.53M
+0.40% (24h)
Market Cap
$366.53M
24h Volume
$15.81M
7d Change
+0.00%
30d Change
+0.00%
Coins in Category
3
In the case of algorithmic stablecoins, seigniorage is generated when the stablecoin's value rises above its peg (e.g., $1). The protocol can then mint new tokens and sell them on the open market, generating revenue. This revenue is used to maintain the stablecoin's peg to its target value. If th...