Tower USD (TWR) Live Price and charts Today

1 Tower USD (TWR) Price Today in USD is -

Tower USD (TWR) = - USD

Tower USD (TWR) all-time high (ATH) is - USD

The maximum supply of Tower USD (TWR) is Unknown

Tower USD (TWR) 24h volume is - USD

Tower USD (TWR) Market Cap is - USD

Tower USD

Oops! Data Untracked.

Shoot us an email via research@tokeninsight.com if you have feedback for this token.

  • Rank #N/A
  • Market Cap -
  • 24H Spot Volume
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID tower-usd copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0xd60...2d455
    copy duigou
  • Websites Website
  • Links
    • icon
    • icon
    • icon
    • icon
About TWR Roadmap & Milestones
The TWR token is a Fractional-Algorithmic Stablecoin, soft pegged to the U.S. Dollar on Polygon.

Tower is a permissionless, on-chain protocol, currently on Polygon. Development is underway to expand and be multi-chain to as many networks as possible. The protocol plans to maintain TWR’s price stability, in other words, the peg, by storing sufficient collateral in the time-locked smart contracts. This collateral is used for redemptions, thus helping to maintain price stability. The collateral consists of two tokens, USDC and CUBE. The USDC is deposited into the protocol when a user mints TWR token, while the CUBE token, which is used for minting is burned. When the user redeems TWR tokens, the protocol pays back USDC and mints the required amount of CUBE tokens.

Expand
Related News
Synthetix Co-founder Launches Infinex to Lower Entry Barriers for DeFi Synthetix Co-founder Launches Infinex to Lower Entry Barriers for DeFi
Lightning Labs: Stablecoins on Bitcoin Coming Soon Lightning Labs: Stablecoins on Bitcoin Coming Soon
Ethena Partners with Bybit to Integrate USDe as Collateral Asset For Perpetual Futures Ethena Partners with Bybit to Integrate USDe as Collateral Asset For Perpetual Futures
Hermetica Launches Bitcoin-backed Stablecoin Offering 25% Yield Hermetica Launches Bitcoin-backed Stablecoin Offering 25% Yield
BlackRock's BUIDL now the Largest Treasury Fund Tokenized onchain BlackRock's BUIDL now the Largest Treasury Fund Tokenized onchain
Latest News More More
May 20 Binance Calls on Projects to Combat the Low Float and High FDV Trend
May 17 World Largest Settlement System DTCC and Chainlink Completed Fund Tokenization Pilot Program
May 17 CME Group Plans to Launch Bitcoin Spot Trading
May 17 Layer 1 Blockchain Sei Introduces New V2 Roadmap
May 16 Decentralized Identity Project Humanity Raised $30M, Led by Kingsway Capital
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open