Ajna Protocol AJNA Live Price Today

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external price feeds. Current lending and borrowing protocols which utilize smart contracts require active governance (e.g. to set rates and to update contracts) and/or rely on external price feeds (such as oracles like Chainlink). Because the pricing of collateral and parameterization of loans are left to subjective decision making through governance rather than market forces, these protocols carry both solvency and liquidity risk. Governance and maintenance overhead create barriers to entry in the market for lending and borrowing of on-chain assets. Ajna solves these problems with its unique design, which is defined by the following features: Permissionless pool creation: Much like the popular DeFi primitive, the “automated market maker,” AMM, Ajna pools exist in unique pairs: quote token, provided by lenders and collateral token, provided by borrowers. Pools allow lenders to assess borrower demand for their quote token and for borrowers to assess lender demand for loans backed by their collateral. Pools are created permissionlessly, meaning anyone can create a pool to borrow arbitrary fungible tokens using arbitrary fungible or non-fungible tokens as collateral. Therefore, no governance process is needed to whitelist approved tokens. Price specified lending: Ajna replaces external price feeds (oracles) by allowing lenders to input the price at which they’re willing to lend. This price is the amount of quote token (i.e. the token they are lending) they are willing to lend per unit of collateral pledged by the borrower. For example, if a lender deposits at price 100, they are willing to lend 100 units of quote token per one unit of collateral. Ajna pools separate prices into predefined buckets to reduce the complexity of the protocol, prices are therefore hereon referred to as “buckets”. Borrowers are then able to borrow from the aggregated liquidity of these various buckets.

Ajna Protocol is ranked #2815 by market capitalization. Currently the AJNA market cap exceeds 1.10M+ United States Dollar. By market capitalization it is ranked #2815. Daily trade volume is 56,659 USD.

The Ajna Protocol price today in USD is 0.00136659. Through the Ajna Protocol price history, the price ranges from 0.438738 USD (all time high) to 0.00023505 USD (all time low). Ajna Protocol price last 24 hours fluctuated from 0.0014057 USD (24h high) to 0.00135893 USD (24h low).

Check the Ajna Protocol value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB

Homepage: https://www.ajna.finance/

Block explorers: https://etherscan.io/token/0x9a96ec9b57fb64fbc60b423d1f4da7691bd35079 https://intel.arkm.com/explorer/token/ajna-protocol https://ethplorer.io/address/0x9a96ec9b57fb64fbc60b423d1f4da7691bd35079 https://basescan.org/token/0x7f05a7a9af2f5a07d1e64877c8dc37a64a22508e

Forums: https://www.linkedin.com/company/ajna-labs

Twitter: https://twitter.com/ajnafi/