Description
What is Malt Stablecoin V2 ?
Malt is an algorithmic stablecoin protocol initially deployed on Polygon that carries out privileged arbitrage on itself to keep the price stable. Profit generated via this arbitrage is then split between directly paying LPs and bolstering peg defences. As an LP all you have to do is create Malt LP and bond your LP tokens into the Malt contract. You will now start receiving a pro-rata share of all the profit made via the protocol arbitrage.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Malt Stablecoin V2 has established itself as a formidable player. It is currently ranked #11,974 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Malt Stablecoin V2 as a viable digital asset.
Tokenomics
The tokenomics of Malt Stablecoin V2 consist of a total supply of 100,009,633,134 tokens, out of which 85,008,188,164 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 Malt Stablecoin V2 tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, SafePal, QuickSwap. 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 Malt Stablecoin V2, you can use various popular exchanges such as ArkenSwap. These platforms offer a seamless experience and allow you to manage your investments in Malt Stablecoin V2 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.