Market Rank | ? |
---|---|
Market Cap | ? |
Volume 24h | $ 87.4 |
Circ. Supply | ? |
Total Supply | 0.2M |
Max Supply | ? |
The current price of Stabilize (STBZ) is $ 0.27012400.
Stabilize (STBZ) is a decentralized finance (DeFi) protocol that aims to maintain stable value for a specific set of digital assets within the crypto market. This is typically achieved through mechanisms such as rebalancing and liquidity provisioning, which ensure a stable value and minimize the effects of market volatility.
The creator of Stabilize remains somewhat anonymous, like many founders within the crypto community. However, their main motivation was to create a decentralized platform for preserving the value of digital assets. Stabilize works similarly to savings accounts in traditional banking but with the added benefit of operating in a decentralized manner.
Unlike most cryptocurrencies, which can be highly volatile, Stabilize is aimed at preserving a stable value for investors' assets. As the name suggests, it involves mechanisms for stabilizing value within the DeFi space.
Stabilize mining refers to the process by which new STBZ tokens are created and distributed to those who interact with the network. It's an integral part of the Stabilize ecosystem, ensuring a fair distribution of rewards to all its users.
The current circulating supply of Stabilize (STBZ) is .
Over the past 24 hours, Stabilize (STBZ) has increased by +0.00%.
Stabilize (STBZ) can be purchased safely on the following exchanges: .
As Stabilize (STBZ) is a cryptocurrency, it can be securely stored in any wallet that supports ERC-20 tokens since STBZ operates on the Ethereum network. It's always recommended to use a hardware wallet for the best level of security.
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