Teddy Coin Price & Market Data
Teddy price today is $0.114745 with a 24-hour trading volume of $42,680.78. TEDDY price is down -21.2% in the last 24 hours. It has a circulating supply of 7.7 Million TEDDY coins and a total supply of 100 Million. If you are looking to buy or sell Teddy, Pangolin is currently the most active exchange.
TEDDY is a token that captures the fee revenue generated by the Teddy Cash Protocol via staking. Teddy Cash is a decentralized borrowing protocol that allows you to draw 0% interest loans against AVAX used as collateral. Loans are paid out in TSD and need to maintain a minimum collateral ratio of only 110%.
In addition to the collateral, the loans are secured by a Stability Pool containing TSD and by fellow borrowers collectively acting as guarantors of last resort.
Teddy Cash as a protocol is non-custodial, immutable, and governance-free.