Dynamic Set Dollar (DSD)
Details about Dynamic Set Dollar cryptocurrency
€61,761 ( 0%)
€46
1,900,135,971,321
1,900,135,971,321
7.728
Unknown
https://dsd.finance/app/#/
@dsdproject
7849450x
€0.255131
Dynamic Set Dollar price charts
DSD exchanges
Dynamic Set Dollar, the crypto
Dynamic Set Dollar (DSD) is a decentralized stablecoin based on the Ethereum blockchain. Its algorithmic mechanism aims to maintain price stability through supply and demand adjustment. DSD operates through a unique mechanism of rebasing, which alters the token supply in response to market demand changes.
The point
The main point of Dynamic Set Dollar (DSD) is to provide a stablecoin that is not dependent on fiat currencies or any centralized authority. Instead, it is based on decentralized market forces and aims to provide price stability even in volatile markets.
The problem
Dynamic Set Dollar (DSD) tries to solve the problem of volatility in traditional cryptocurrencies, which have a fluctuating value and are subject to market forces. By providing a stablecoin with an algorithmic mechanism for supply and demand adjustment, DSD aims to provide a more reliable and stable digital currency for users.
Compare DSD and BTC performance
Timeframe | DSD | BTC |
---|---|---|
1h change | 0 % | 0.540472 % |
24h change | 0 % | 1.35928 % |
7 day change | 0 % | 7.11285 % |
14 day change | 0 % | -1.59007 % |
30 day change | 0.27 % | 25.8729 % |
200 day change | -11.16 % | 172.53 % |
Year change | -88.39 % | 165.178 % |