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The live Absorber Protocol price today is $0,060686 USD with a 24-hour trading volume of $540,42 USD. We update our ABS to USD price in real-time. Absorber Protocol is down ,34% in the last 24 hours. The current CoinMarketCap ranking is #7415, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 700 000 ABS coins.
The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security. As a yield farming token, it eliminates the need to interact with any contract. This means no impermanent losses to those who hold it. There are also no fees to claim any rewards which are automatically doled out. By design, it's also deflationary, with an ever-reducing supply. To sustain all of this, the protocol harvests liquidity on all transfers and converts them to LP tokens. The LP tokens can be burned, but they belong to the protocol and can never be withdrawn. Finally, it's democratic and modifiable with a DAO that allows users to decide exactly what happens to the protocol. This allows the protocol to be utilized and integrated in other instances.
