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Float ProtocolBANK
Projects

Float ProtocolBANK

Stablecoin issuers

Overview

What is Float Protocol?
Float Protocol issues FLOAT, a non-pegged stablecoin that targets a variable price index determined by market conditions rather than a fixed fiat currency peg.
How does Float Protocol work?
Float uses a two-token model (FLOAT and BANK) with Dutch auctions to stabilize the FLOAT price around a variable target index.
Who governs Float Protocol?
Float Protocol is a DeFi team that built an algorithmic monetary system on Ethereum.
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