Star STAR

1. Summary

Ranks

Liquidity

48

Developer

-

Social

30

Momentum (beta)

0

Stack Rank™

-

Price

$0.99 +0.3%

Market Cap

$2.10M (#2275)

Supply

3.26M / 3.26M

Tags

Polygon Ecosystem Arbitrum Ecosystem Base Ecosystem

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Price
52W High price	$1.01
52W High date	18th Aug 2023 (11 months ago)
All Time High (ATH) Date	18th Aug 2023 (11 months ago)
ATH Price	$1.07
% From ATH	-6.71%
All Time Low (ATL) Date	11th Oct 2023 (9 months ago)
ATL Price	$0.93
% From ATL	6.67%

Supply & Trading Volume
Trading Volume (24h)	$5,288.00
Total Supply	3.26M
Circulating Supply	3.26M

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Description

STAR Stable Coin

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STAR Stable Coin

STAR is the stable coin used within Preon and is an integral component of the Sphere Ecosystem. It is an overcollateralized stable coin, backed by its crypto collateral and incorporating a stability pool as a front-line defense against liquidations.

STAR loans are secured by always having more value locked than the amount of debt given out. In conjunction with Preon, STAR allows for 0% lending opportunities. Loans are created by submitting collateral in the form of crypto assets, and users receive STAR, ensuring stability and flexibility in their borrowing.

STAR can be used in various ways, including being deposited into the stability pool. Once users make a full repayment of their STAR loan, they can retrieve 100% of their collateralized assets without incurring any interest charges, closing fees, or hidden penalties.

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