MAI (MIMATIC) is an algorithmic stablecoin backed by collateral, primarily MATIC tokens. More
| Fully Diluted Valuation | $300.18M |
|---|---|
| 24H Trading Volume | $20,482 |
| 24H Low / High | $0.99 / $ 0.99 |
| Circulating Supply | 27.56M |
| Total Supply | 302.38M |
| Max Supply | ∞ |
| Categories | Fiat-backed Stablecoin 15 more |
|---|---|
| Founder | Anonymous |
| Website | mai.finance |
| Socials | 2 more |
| Chains | Polygon-pos Ecosystem 12 more |
| Explorer | Gnosisscan 9 more |
| Contracts |
0xa3f....997f1
12 more
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| Name | Pair | OG Score |
|---|
MAI, also known as MIMATIC, is a fresh addition to the crypto world, offering stability amidst the usual ups and downs. It's unique because it's backed by collateral, mostly made up of MATIC tokens, ensuring that every piece of MAI is backed by something tangible, making it more reliable.
Creating MAI is straightforward: users deposit certain tokens, like MATIC, into special vaults and get loans against them, effectively making new MAI. Alternatively, you can also get MAI through Anchor by exchanging accepted stablecoins.
What sets MAI apart is its soft peg to the USD. This means that 1 MAI is typically worth around 1 USD, offering users a consistent value to rely on.
In short, MAI (MIMATIC) is a stablecoin that brings a fresh approach to stability in the crypto space, making it a noteworthy option for investors and users looking for reliability amidst the usual crypto volatility.
MAI stands out for its collateral-backed stability, primarily supported by MATIC tokens, ensuring reliability and consistency in value, with 1 MAI typically equaling 1 USD.
The founders of MAI (MIMATIC) are anonymous.
You can buy MAI (MIMATIC) on Uniswap V3 (Polygon), Quickswap, Quickswap (v3)Balancer V2 (Polygon)Curve (Polygon) cryptocurrency exchanges.
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