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Tranquil Finance (TRANQ)

Tranquil Finance (TRANQ)

Tranquil Finance is the first algorithmic money market protocol for Harmony ONE. It allows users to lend and borrow their assets trustlessly on a blockchain with very cheap and fast transactions.

OverviewStructured DataIssuesContributors

Contents

tranquil.finance
Is a
Cryptocurrency
Cryptocurrency
Organization
Organization

Organization attributes

Industry
‌
Cryptocurrency protocol
Cryptocurrency
Cryptocurrency
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Smart contract
Smart contract
Decentralized Finance
Decentralized Finance

Cryptocurrency attributes

Ticker Symbol
TRANQ
Maximum Supply
1,000,000,000
Block Explorer URL
explorer.harmony.one/addr...2a836

Other attributes

Blog
tranquilfinance.medium.com
CoinGecko ID
tranquil-finance0
Cryptocurrency Symbol
TRANQ
HGNC Symbol
TRANQ
Medium URL
tranquilfinance.medium.com
Exchange
Tranquil Finance (TRANQ)
Tranquil Finance (TRANQ)
DeFi Kingdoms
DeFi Kingdoms
Hotbit Exchange
Hotbit Exchange
SushiSwap
SushiSwap
XT.COM
XT.COM
Stock Symbol
TRANQ
Token Standard
HRC-200

Tranquil Finance is an algorithmic money market and liquid staking protocol on the Harmony ONE blockchain.

The money market allows users to supply and borrow assets, while receiving or paying interest in a completely permissionless and decentralized way. Borrowing and lending interest is set based on market demand, and loans are over-collateralized to ensure solvency.

This model was pioneered by the Compound Protocol on Ethereum, but high gas fees have made the protocol untenable for most users. Building on Harmony ONE gives the Tranquil protocol fast and cheap transactions, democratizing access to everyone.

Another feature in Tranquil Finance is our liquid staking token, stONE, which allows the user to stake ONE for rewards while also being able to use it in Harmony's DeFi ecosystem, such as using it as collateral on Tranquil Lending. We envision stONE becoming the currency of choice in Harmony, as ONE naturally loses value due to inflation if it is not staked.

TRANQ Price Live Data

The live Tranquil Finance price today is $0,367503 USD with a 24-hour trading volume of $67,75 USD. We update our TRANQ to USD price in real-time. Tranquil Finance is down ,47% in the last 24 hours. The current CoinMarketCap ranking is #7928, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 000 000 000 TRANQ coins.

What Is Tranquil Finance (TRANQ)?

Tranquil Finance is an algorithmic money market protocol on the Harmony ONE blockchain. It allows users to supply and borrow assets, while receiving or paying interest in a completely permissionless and decentralized way.

Timeline

No Timeline data yet.

Patents

Further Resources

Title
Author
Link
Type
Date

Introducing stONE -- the first liquid staking token for Harmony ONE

Tranquil Finance

https://tranquilfinance.medium.com/introducing-stone-the-first-liquid-staking-token-for-harmony-one-6dde604dc3e6

Web

December 19, 2021

Our radically ambitious roadmap for 2022 -- Taking Tranquil Finance into a DeFi metaverse game world

Tranquil Finance

https://tranquilfinance.medium.com/our-radically-ambitious-roadmap-for-2022-taking-tranquil-finance-into-a-defi-metaverse-game-world-322e6d8a119f

Web

January 5, 2022

Tranquil Finance Upgrades to Chainlink Price Feeds to Help Secure Its Lending and Borrowing Protocol

Tranquil Finance

https://tranquilfinance.medium.com/tranquil-finance-upgrades-to-chainlink-price-feeds-to-help-secure-its-lending-and-borrowing-157a671da6b1

Web

December 23, 2021

References

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