ToxicDeer Finance

The protocol is designed to expand and contract supply similar to the way central banks trade fiscal debt to stabilize purchasing power, without any rebases or collateral risk.

Overview Structured Data Issues Contributors

toxicdeer.finance

Is a

Cryptocurrency

Cryptocurrency attributes

Industry

Blockchain

Blockchain and cryptocurrency

Non-fungible token (NFT)

Cryptocurrency

Ticker Symbol

DEER

Maximum Supply

6,756,809

Block Explorer URL

cronos-explorer.crypto.org/t...3A

cronoscan.com/address/...71650a63A

Other attributes

CoinGecko ID

toxicdeer-finance0

Cryptocurrency Symbol

DEER

Source Code

github.com/ToxicDeer...t-contract

Exchange

Stock Symbol

DEER

Token Standard

CRC200

Total Supply

6,756,809

ToxicDeer Finance, the first ecosystem running around an algorithmic token pegged to USDC on Cronos chain. Inspired by the most successful algorithmic stablecoin on Fantom: Tomb, and the most prominent algorithmic token project on Cronos: ToxicDeer, Deer is an algorithmic stablecoin pegged to the price of 1 USDC via seigniorage.