AVAI

Orca AVAI price 
AVAI

$0.8013  

1.77% (1d)

Orca AVAI to USD Chart

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Orca AVAI statistics
Market cap
 

0.00%

$0
#7471
Volume (24h)
 

1327.06%

$49
#7198
Volume/Market cap (24h)
 
--
Circulating supply
 
0 AVAI
Total supply
 
2,196,315 AVAI
Max. supply
 
--
Fully diluted market cap
 
$1,759,832
AVAI to USD Converter
AVAI
USD
Price performance
24h 
Low
$0.7254
High
$0.8013
All-time high
Dec 25, 2022 (a year ago)
$2.77
-71.07%
All-time low
May 24, 2022 (2 years ago)
$0.2601
+208.08%
See historical data
Popularity
In watchlists278x
8287th / 9.7K
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Orca AVAI news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Orca AVAI

AVAI is an asset that is pegged to the US Dollar; in other words, a coin intended to float as close to $1.00 USD as possible. It will be backed by locking tokens as collateral in a personal Vault in a Orca Bank as well as via other mechanisms described in the technical overview.

The entire process is decentralized and does not use a middleman such as a financial institution, meaning simply that the user is in full control of their funds at all times. An Orca Bank is the contract that allows a user to deposit a specific ERC20 as collateral, granting AVAI in return. Using the USDC token as an example, if a user deposits $150 USD worth of collateral funds into a Vault, they will have the ability to borrow up to 100 AVAI, worth $100 USD. This grants them the opportunity to invest a total of $250 USD, while owing a stable $100 USD.