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Decentral Bank Price (USN)
-200% Bonus38,439,517 USN
Decentral Bank USN Decentral Bank (USN) Chart
Decentral Bank (USN) Return On Investment(ROI)
What Is USN(USN)?
USN is the native stablecoin of NEAR Protocol, pegged to the U.S. dollar. USN is minted via depositing NEAR tokens into the reserve fund, and can always be redeemed (burned) for an equal value of NEAR, based on the NEAR/USN price. The reserve fund will also contain USDT as the extra backing for USN, making USN an over-collateralized stablecoin. Most of the capital in the reserve fund will be utilized to generate yield for USN holders.
The Founders of USN(USN)?
NEAR Protocol was co-founded by Illia Polosukhin and Alexander Skidanov.
- Illia Polosukhin has more than 10 years of industry experience, including 3 years at Google.
- Alexander Skidanov has worked at Microsoft in 2009, then worked as Architect and Director of Engineering for 5 years at memSQL.
How Does USN Work?
USN is minted in a "swap" process with NEAR. The NEAR used to mint USN is then staked on the NEAR blockchain to generate staking rewards, which get distributed to USN holders. The key is that minting/burning USN does not change NEAR’s supply; therefore, the baseline economic security of the NEAR blockchain is improved by the Reserve Fund's distributed staking.
The first 1 billion circulating USN will be backed 1:1 by USDT,in addition to 1 billion dollars worth of NEAR staked to USN's Decentral Bank Protocol, which guarantees over-collateralization of USN even in the case of extreme fluctuation of NEAR price.
What Is the Difference Between USN and UST?
A frequently discussed potential "death spiral" for LUNA<>UST is if UST will depeg -> people burn UST to mint LUNA (which increases the circulating supply) and market sell the latter -> tank LUNA price -> more sell pressure on UST. With USN, the stablecoin itself will not fundamentally affect NEAR's security, as burning USN does not increase the circulating supply of NEAR.NEAR has already become one of the top public blockchains even before USN was created, with a thriving ecosystem of 500+ successful projects with traction already launched.
Decentral Bank (USN) Community
- Twitter: https://twitter.com/DcntrlBank
- Discord: https://discord.com/invite/decentralbank
- Medium: https://medium.com/@dcntrlbank
What is Decentral Bank (USN) Contracts address?
- NEAR: usn
Decentral Bank FAQ
What is the price of Decentral Bank (USN) token?
CoinCarp does not currently have price data for Decentral Bank as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Decentral Bank is live on an exchange, CoinCarp will provide real-time Decentral Bank (USN) token prices from different exchanges.
Is Decentral Bank (USN) token a good investment?
It depends on your personal risk tolerance and investment goals. Decentral Bank is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Decentral Bank investing, you will also need to understand the Decentral Bank project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy Decentral Bank (USN) token token?
CoinCarp's tracking data suggests that the Decentral Bank is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Decentral Bank from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for Decentral Bank.
How to short Decentral Bank (USN) token?
According to CoinCarp's tracking data, no crypto exchange yet supports Decentral Bank contracts or ETF trading. so you can't short Decentral Bank
What will Decentral Bank (USN) token be worth in 5 years?
It is impossible to predict what Decentral Bank will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Decentral Bank's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Decentral Bank 5 years from now.
USN Price Statistics
Decentral Bank Price
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Price Change24h
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24h Low / 24h High
$0.9982 / $0.9982
Trading Volume 24h
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Volume/Market cap (24h)
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Market Dominance
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Market Cap
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Fully Diluted Market Cap
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7d Low / 7d High
$0.9982 / $0.9982
30d Low / 30d High
$0.9982 / $0.9982
90d Low / 90d High
$0.9982 / $0.9982
52 Week Low / 52 Week High
$0.9973 / $1
All Time High
$1
All Time Low
$0.9838
