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DeFi
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DCNTRL Protocol is a decentralized lending protocol
IDO
26 Aug — 29 Aug 2023
Raised
$ 29.31K
Price:
$ 0.0121
ROI:
0.06x -93.9%
Platform:
N/A
ATH ROI:
0.2x -80.4%
The DCNTRL Network is a decentralized finance (DeFi) platform built on the Binance Smart Chain. It introduces the DCNTRL Protocol, which allows users to take out loans in USDEFI, a USD-pegged stablecoin, using Binance Coin (BNB) as collateral. The protocol maintains a minimum collateralization ratio of 110% and offers a 0% interest rate for borrowers. DCNTRL is governance-free, with automated, algorithmic operations and fixed protocol parameters. Additionally, it offers a revenue-sharing mechanism where users can earn rewards by staking DCNX tokens.
DCNTRL Protocol's current price is $ 0.000735, it has dropped -67.7% over the past 24 hours.
DCNTRL Protocol's All Time High (ATH) of $ 0.00236 was reached on 28 Apr 2024, and is currently -68.8% down.
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