TSD/WAVAX
Teddy Cash is a decentralized borrowing protocol that allows you to draw interest-free loans against AVAX used as collateral. Loans are paid out in TSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. Learn more about these mechanisms in our documentation. https://docs.teddy.cash/ The Teddy Dollar (TSD) is the first stablecoin on the Avalanche network that uses AVAX as collateral. 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. The Teddy Cash protocol offers interest-free loans and is more capital efficient than other borrowing systems (i.e. less collateral is needed for the same loan). Instead of selling AVAX to have liquid funds, you can use the protocol to lock up your AVAX, borrow against the collateral to withdraw TSD, and then repay your loan at a future date.
Score | |
|---|---|
24h Vol | $0 |
Liquidity | $374.5 |
Holders | 1.4K |
Audits | |
Age | 4 years |
FDV | $27.7K |
Market Cap | $27.7K |
| Addresses | |
|---|---|
| Pool | |
| TSD |  |
| WAVAX | |
TSD to WAVAX Converter
Score | |
|---|---|
24h Vol | $0 |
Liquidity | $374.5 |
Holders | 1.4K |
Audits | |
Age | 4 years |
FDV | $27.7K |
Market Cap | $27.7K |
About TSD Stablecoin (TSD)
Teddy Cash is a decentralized borrowing protocol that allows you to draw interest-free loans against AVAX used as collateral. Loans are paid out in TSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. Learn more about these mechanisms in our documentation. https://docs.teddy.cash/ The Teddy Dollar (TSD) is the first stablecoin on the Avalanche network that uses AVAX as collateral. 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. The Teddy Cash protocol offers interest-free loans and is more capital efficient than other borrowing systems (i.e. less collateral is needed for the same loan). Instead of selling AVAX to have liquid funds, you can use the protocol to lock up your AVAX, borrow against the collateral to withdraw TSD, and then repay your loan at a future date.
TSD/WAVAX Price Stats
The current price of TSD (TSD/WAVAX) on LFJ is $1.067, the price is up 0.17% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.003064 with a total of 6 transactions. TSD/WAVAX contract address is 0x2d16af2d7f1edb4bc5dbadf3fff04670b4bcd0bb, with a Fully Diluted Valuation (FDV) of $27,698.10 and a liquidity pool of $374.50.
