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True Seigniorage Dollar priceTSD
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For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
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- Total supply
- 23.48M TSD
- Circulating supply
- 23.48M TSD
Max. supply
17.14M TSD
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About True Seigniorage Dollar
True Seigniorage Dollar is a decentralized, oracle data driven stablecoin which uses a supply elasticity method around a Time Weighted Average Price (TWAP) oracle for price stability. It’s an algorithmic stablecoin which uses TWAP to stabilize the price. Our goal is to maintain the price $TSD = 1 USD in long term.
In short, TSD total supply will increase if price is above 1 and will decrease if price is below 1, everything is controlled and governed by smart contracts and the DAO.