Frozen Walrus Share

Frozen Walrus Finance is an algorithmic stable coin protocol pegged 1:1 to USDC on Avalanche via seigniorage.

Overview Structured Data Issues Contributors

frozenwalrus.finance

Is a

Cryptocurrency

Cryptocurrency attributes

Industry

Cryptocurrency

Blockchain

Blockchain and cryptocurrency

Decentralized Finance

Ticker Symbol

WSHARE

Maximum Supply

850,608

Block Explorer URL

avascan.info/blockcha...4B6/token

snowtrace.io/token/0x...6dDAF34B6

Other attributes

Circulating Supply

87.3833

CoinGecko ID

frozen-walrus-share0

Cryptocurrency Symbol

WSHARE

Medium URL

medium.com/@frozenwa...rusfinance

Source Code

snowtrace.io/token/0x...6ddaf34b6

github.com/frozenwal.../interface

Exchange

Trader Joe

Token Standard

ERC200

Total Supply

850,608

The protocol's underlying mechanism dynamically adjusts WLRS's supply, pushing its price up or down in relation to the price of USDC. This should be $1 however there may be times where USDC loses its peg and if our protocol is functioning as intended will follow USDC to keep pegged 1:1 to it.