ONEZ (ONEZ)

ONEZ (ONEZ) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.884491
-$0.000082(0.00%)

Market Cap

--

24h High

$0.884574

24h Low

$0.884491

24h Turnover

$4.70

Total Supply

19.00K

Market Sentiment

Neutral

About ONEZ (ONEZ)

ONEZ is a unique stablecoin created by the ZeroLend Protocol. It's designed to always be worth one U.S. Dollar and is made by users who provide collateral. When someone borrows, they must offer collateral at a certain ratio to get ONEZ. When borrowed positions are paid back or if there's a liquidation, the ONEZ goes back to ZeroLend and is removed from circulation. What's special is that the interest paid by ONEZ users goes into the ZeroLend DAO treasury, unlike other assets where interest is essentially removed.

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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