Description
Frozen Walrus Finance is an algorithmic stable coin protocol pegged 1:1 to USDC on Avalanche via seigniorage. The protocol's underlying mechanism dynamically adjusts WLRS's supply, pushing its price up or down in relation to the price of USDC. This should be $1 however there may be times where USDC loses its peg and if our protocol is functioning as intended will follow USDC to keep pegged 1:1 to it.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Frozen Walrus Share has established itself as a formidable player. It is currently ranked #2,537 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Frozen Walrus Share as a viable digital asset.
Tokenomics
The tokenomics of Frozen Walrus Share consist of a total supply of 66,470 tokens, out of which 56,499 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your Frozen Walrus Share tokens, you can use a variety of wallets such as MetaMask, Avalanche Wallet, Trust Wallet, Ledger. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade Frozen Walrus Share, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in Frozen Walrus Share with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.