Immortal is a decentralized reserve currency protocol on Celo blockchain based on the IMMO token. Each IMMO token is backed by a basket of assets (e.g. mcUSD) in the Immortal treasury, giving it an intrinsic value that it cannot fall below. Immortal also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. ImmortalDAO is also considered an algorithmic currency protocol with the goal of becoming a stable crypto-native currency within the Celo ecosystem. Though sometimes called an algorithmic stablecoin, ImmortalDAO is more akin to a central bank since it uses reserve assets like mcUSD to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between IMMO and stablecoins like USDC is that IMMO is backed but not pegged to a particular price. Technically, the price floor for IMMO is 1 mcUSD, but practically a premium and the treasury value is added to the price. IMMO differs from other algorithmic stablecoins like Ampleforth (AMPL) because it issues IMMO to buy mcUSD and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and ImmortalDAO Finance allows its token to float. IMMO is the native utility token that is used for staking and bonding on our decentralised Application (https://www.immortaldao.finance/) as well as governance votes to determine how network resources are allocated.
Daily trade volume is 13.61 SEK.
The ImmortalDAO price today in SEK is 5.36. Through the ImmortalDAO price history, the price ranges from 1,619.15 SEK (all time high) to 0.063231 SEK (all time low). ImmortalDAO price last 24 hours fluctuated from 5.37 SEK (24h high) to 5.3 SEK (24h low).
Check the ImmortalDAO 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.immortaldao.finance/
Block explorers: https://explorer.celo.org/token/0xE685d21b7B0FC7A248a6A8E03b8Db22d013Aa2eE/token-transfers https://explorer.celo.org/mainnet/token/0xe685d21b7b0fc7a248a6a8e03b8db22d013aa2ee
Forums:
Twitter: https://twitter.com/ImmortalDAO_Fi/
ImmortalDAO live price may differ in various exchanges. Check IMMO real-time data to make informed decisions.
You can buy ImmortalDAO on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell IMMO at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT ImmortalDAO trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of ImmortalDAO and trade with REVENUEBOT in less than a second.
In short, only if the current value of ImmortalDAO will be less than the value of ImmortalDAO at the moment of selling in the future. The ImmortalDAO chart can only assist the ImmortalDAO value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current ImmortalDAO value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the IMMO supply. Check the ImmortalDAO live chart to see the current supply and predict how long it will take for the coins to run out.
Back in the day when crypto first appeared, only geeks and some technology geeks were intrigued by it. As time passed, thanks to the specificity of digital assets, as well as their ability to maintain...
In the crypto and blockchain space, new terminology and concepts are emerging that require a straightforward definition. One such issue is the distinction between decentralized applications and protoc...
Tech companies say that in the near future, the familiar Internet will become irrelevant, and will be replaced by the metaverse. In the summer, Mark Zuckerberg announced that Facebook was going to sta...
As we delve into the history of the internet in this article, we will look at its inception, key moments of development and important milestones that led to what we have today.
The cryptocurrency industry is developing, and consequently, there are more and more new sectors in which you can make a profit. However, not everyone likes trading and investing. For some, this may s...
Check the current ImmortalDAO value, check the converter, and set up your REVENUEBOT in the demo mode, it is all free!
