Nacho Finance
1. Summary
- Description
-
Nacho Finance
Nacho Finance
Nacho Finance is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network. Inspired by tomb.finance, the protocol allows holders to earn high-yield returns with minimal fees. It consists of three tokens:
- Nacho Token (NACHO): A medium of exchange
- Nacho Shares (NSHARE): For governance and measuring protocol value
- Nacho Bonds (NBOND): Used to adjust NACHO supply during contraction periods
The NACHO algorithmic token dynamically adjusts its supply to maintain a peg to the price of ETH. Nacho Shares allow holders to participate in governance and receive proportional NACHO distributions during epoch expansions. Nacho Bonds incentivize supply changes during contraction periods.
| Price | |
| 52W High price | $0.12 |
| 52W High date | 9th Dec 2024 (9 months ago) |
| All Time High (ATH) Date | 13th Sep 2025 (2 weeks ago) |
| All Time Low (ATL) Date | 13th Sep 2025 (2 weeks ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2,976.00 |
How does Nacho Finance's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
47.4%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 10 |
| Active Discord Users | 1 |
| Telegram Users | 474 |
| Twitter followers | 4,193 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://nachoxyz.com |
|---|---|
| Explorer | https://polygonscan.com/token/0xcD86152047e800d67B... |
| @nacho_finance |
What is the correct contract address for Nacho Finance?
| Polygon-pos | 0xcd86152047e800d67bdf00a4c635a8b6c0e5c4c2 |
|---|
Has Nacho Finance been audited for security?
No security audits found for this project.
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