Glove Logo

Glove

Glove header image

1. Summary

Ranks

Liquidity
10
Developer
-
Social
19
Momentum (beta)
0
Stack Rank™
-
Price
$355.51 0.0%
Market Cap
$1.25M (#2673)
Supply
/
Price
52W High price $718.48
52W High date 2nd Feb 2023 (1 year ago)
All Time High (ATH) Date 27th Apr 2024 (1 month ago)
All Time Low (ATL) Date 27th Apr 2024 (1 month ago)
Supply & Trading Volume
Trading Volume (24h) $185.00
Description

About Glove

About Glove

Glove is a stablecoin protocol that has introduced "Wrapped USD" (WUSD), the first governance-free, immutable, multi-fiatcoin wrapper stablecoin for six USD fiatcoins: USDT, USDC, BUSD, USDP, TUSD, and GUSD. The protocol’s governance token is GLO. WUSD contracts are immutable because they do not support any function that can change their parameters.

WUSD and Governance

GLO is designed to allow users to trade or transfer it based on credit earned from the amount of WUSD wrapped. This mechanism ensures that people with significant exposure to WUSD tokens hold sway over the protocol's governance. Unlike other stablecoins such as DAI or FRAX, the immutability of WUSD ensures operational transparency and resistance to governance manipulation.

Background

Glove was born out of LobsterDAO's private chat and aims to get WUSD listed in notable DeFi protocols such as Aave and Curve.

2. Price

2.1. Market Performance

How does Glove's () performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

%

-8.9%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 271
Twitter followers 218
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://wusd.fi/
Explorer https://etherscan.io/token/0x70c5f366db60a2a0c59c4...
Twitter @wusd_fi
Forum https://dune.com/queries/1918314

What is the correct contract address for Glove?

Ethereum 0x70c5f366db60a2a0c59c4c24754803ee47ed7284

Has Glove been audited for security?

No security audits found for this project.

Are you the owner of Glove? Edit it here

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