Teddy
TEDDY

0.5497
$
5.82 %
Change 24h
Market Cap
$ 3,270,300
Volume 24h
$ 385,565
Circulating Supply
5,753,340
Total Supply
100,000,000
TEDDY
$
Description
TEDDY is a token that captures the fee revenue generated by the Teddy Cash Protocol via staking. Teddy Cash is a decentralized borrowing protocol that allows you to draw 0% interest loans against AVAX used as collateral. Loans are paid out in TSD and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool containing TSD and by fellow borrowers collectively acting as guarantors of last resort. Teddy Cash as a protocol is non-custodial, immutable, and governance-free.
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