The current price of Empty Set Dollar (ESD) is $ 0.00061213.
Empty Set Dollar is a unique cryptocurrency that operates through a protocol designed to stabilize its value with the US Dollar. It works on a decentralization mechanism known as a decentralized autonomous organization (DAO). ESD uses an elastic supply model where the total supply of the cryptocurrency adjusts automatically based on market demand.
Unlike most cryptocurrencies that have a fixed supply, Empty Set Dollar features an elastic supply to achieve price equilibrium. The smart contract automatically adjusts the total supply in response to price changes, enabling it to maintain a relatively stable value in relation to the US Dollar.
Empty Set Dollar (ESD) has a circulating supply of 118.1M and a total supply of 118.1M.
The price of Empty Set Dollar (ESD) has increased recently, seeing a change of +0.00% in the last 24 hours.
Empty Set Dollar (ESD) can be safely purchased on the following Poloniex, Hotbit, Gate.io.
Your ESD can be securely stored in any wallet that supports Ethereum-based tokens, as Empty Set Dollar is an ERC20 token. Always ensure to keep your wallet's private keys safe and stored in a secure place, and consider utilizing hardware wallets for extra security.
Empty Set Dollar is a type of cryptocurrency known as a stablecoin. It seeks to maintain a stable value by automatically adjusting the supply of ESD tokens in response to changes in demand. This elastic supply mechanism aims to keep ESD's value close to $1 USD.
Empty Set Dollar's market cap currently ranks at #3295, with a market cap of $ 72.3K.
The 24-hour trading volume of Empty Set Dollar is 5.4. This figures represent the total trading volume of ESD across all exchanges in the past 24 hours.
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