SOLID is both the name of the protocol and the over-collateralized stablecoin it issues, built on the Terra (Phoenix) blockchain. The protocol requires all collateral ratios (LTV) to exceed 100%, ensuring stability by preventing over-minting. Through the SOLID app, users can deposit a mix of Terra LSTs, axl.wBTC, USDC, and other supported assets — currently seven collateral types — to mint SOLID and repay it anytime. Unlike many lending protocols that accrue interest, SOLID only charges a one-time mint fee with no ongoing interest, making it a cost-efficient option. If collateral LTV falls below its threshold, liquidation occurs, with a built-in premium bid function in the dApp allowing users to bid on collateral and repay SOLID, which is then burned to reduce supply. The protocol allows for temporary deviations below $1 without triggering liquidation, using mint-fee adjustments to regulate supply.
Solid is ranked #6639 by market capitalization. Currently the SOLID market cap exceeds 474,7K+ Japanese Yen. By market capitalization it is ranked #6639. Daily trade volume is 4,930.26 CNY.
The Solid price today in CNY is 7.06. Through the Solid price history, the price ranges from 8.23 CNY (all time high) to 2.44 CNY (all time low). Solid price last 24 hours fluctuated from 7.12 CNY (24h high) to 6.98 CNY (24h low).
Check the Solid 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.solidcapa.com/
Block explorers: https://www.mintscan.io/terra/wasm/contract/terra10aa3zdkrc7jwuf8ekl3zq7e7m42vmzqehcmu74e4egc7xkm5kr2s0muyst https://chainsco.pe/terra2/address/terra10aa3zdkrc7jwuf8ekl3zq7e7m42vmzqehcmu74e4egc7xkm5kr2s0muyst https://www.mintscan.io/terra/token/terra10aa3zdkrc7jwuf8ekl3zq7e7m42vmzqehcmu74e4egc7xkm5kr2s0muyst
Twitter: https://twitter.com/solid_capa/
Solid live price may differ in various exchanges. Check SOLID real-time data to make informed decisions.
You can buy Solid 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 SOLID at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Solid 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 Solid and trade with REVENUEBOT in less than a second.
In short, only if the current value of Solid will be less than the value of Solid at the moment of selling in the future. The Solid chart can only assist the Solid 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 Solid 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 SOLID supply. Check the Solid live chart to see the current supply and predict how long it will take for the coins to run out. The total supply of Solid is 67375.05 SOLID, while SOLID circulation supply now is 67375.05 SOLID.
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