USDAP

Bond Appetite USD price 
USDAP

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Self-reported circulating supply
 
1,104,631 USDAP
Total supply
 
1,197,067 USDAP
Max. supply
 
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About Bond Appetite USD

BondAppétit is the first and the only DeFi protocol (as of April 2021) with a stablecoin fully backed by real-world assets with fixed periodic income. Businesses can borrow money (in fiat as well as in crypto) from the protocol, providing bonds as collateral. BondAppétit is a part of the Ethereum DeFi ecosystem.

The price of the BondAppétit native stablecoin (USDap) equals $1 at all times. The token is issued only if the protocol has sufficient collateral.