AlphBanX Price (abx/CAD)
AlphBanX
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
AlphBanX market data
Trading Volume
24h
Circulating Supply
86,249,500
86.25%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
100,000,000
BID
N/A
ASK
N/A
What Is AlphBanX (ABX)?
AlphBanX is a decentralized platform built on the Alephium network that allows you to borrow AlphBanX Dollars by using Alephium native Token (Alph) as collateral. To ensure safety and stability, the system aims to keep the collateral value at least 150% of the amount borrowed. AlphBanX introduces Auction pools, which allows users to deposit ABD (the stablecoin) into 4 discount pools of 5%,10%,15% and 20%. If loans get liquidated users can repay the loans that are under 150% Collateral ratio. This allows users to arbitrage loans and profit in market crashes. rewards from borrowers will be distributed to ABX stakers and ABD liquidity providers in auction pool.
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