Defrost Finance (MELT) Live Price and charts Today

1 Defrost Finance (MELT) Price Today in USD is $0.00059759

Defrost Finance (MELT) = $0.00059759 USD

Defrost Finance (MELT) all-time high (ATH) is $0.028328 USD

The maximum supply of Defrost Finance (MELT) is 100,000,000.00

Defrost Finance (MELT) 24h volume is $0.01 USD

Defrost Finance (MELT) Market Cap is $9081.23 USD

Defrost Finance
$0.00059759
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Defrost Finance (MELT) Price Chart
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  • 1H -
  • 24H -
  • 1Y -13.49%
  • Rank #N/A
  • Market Cap 0.00% $9,081
  • 24H Spot Volume 0.00% $0.008971
  • 24H Volume / Market Cap -
  • Circulating Supply 15,196,482.00
  • Total Supply 100,000,000
  • Max Supply 100,000,000.00
  • Fully Diluted Valuation $59,759
  • API ID defrost-financemelt copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0x47E...1241D
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  • Websites Website
  • Links
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About MELT Roadmap & Milestones
Defrost Finance is a decentralized protocol that leverages tokens from Avalanche and cross-chain protocols as collaterals for generating the stablecoin H2O.

Defrost Finance is a DeFi protocol built on Avalanche. It has two versions, the Defrost V1 and the Defrost V2.

The most up-to-date version(the Defrost V2) is a new-generation DeFi leveraging protocol, that efficiently allows users to participate in leveraged trading or earn leveraged yields in a trustless and user-friendly way.

Users will be able to use the Defrost V2 in two ways — as liquidity providers in lending pools or margin traders.

Margin/leverage trading will be powered by supervaults, with the latter acting as lending pools. Idle assets not yet utilized to power margin trading in lending pools are deposited in interoperated DeFi platforms to continuously accrue interest and mining rewards. When traders open their positions, an equivalent amount of assets will be withdrawn from other yielding positions and lent to the margin contract.

A margin/leveraged trader can decide to take a long/short leverage exposure level when opening a position. The leverage level can be adjusted at any time and collateral can be added or withdrawn freely, assuming the position maintains the required collateral ratio to avoid liquidation, bringing extra flexibility to users.

MELT is the governance token for the Defrost Finance protocols. MELT underpins voting power in the Defrost governance. As a governance token, MELT is used by its holders to vote on changes to parameters inside of the Defrost Finance Protocol like collateral types, Stability Fees, the H2O savings rate, liquidity mining incentives, minimum collateral rate, and many others.
 

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