Creditum Price Today

Price CREDIT to USD now is $0. Trading volume by 24-hours $0. Creditum, which_ranked #10000 price is up 10.33% in the past 24-hours. Creditum has circulating supply of $0 and have $0 capitalization.

Highest price for Creditum

The all-time high price of CREDIT is $7.75, the record was set on the 0.

Lowest price for Creditum

CREDIT all-time low price is $0, the record was set on 0.

How much has the price of Creditum changed lately?

7 days ago the price was $0 , this changed the CREDIT price by 0.36408%

14 days ago the price was $0 , this changed the CREDIT price by -19.65409%

30 days ago the price was $0 , this changed the CREDIT price by -35.39742%

60 days ago the price was $0 , this changed the CREDIT price by -68.37371%

1 days ago the price was $0 , this changed the CREDIT price by 0%

What is Creditum

Creditum is another attempt at bringing a native stable coin to the fantom network. Creditum is a project from Revenant (formerly known as StakeSteak). This protocol uses over-collateralized deposits to mint debt tokens at a fixed interest rate, specifically cUSD (Creditum USD). Essentially, cUSD is meant to replace old fUSD with a new liquidation model that works. Creditum is a lending & borrowing protocol that allows users to mint cUSD, a stablecoin pegged at $1, by supplying collateral. By doing so, users are able to unlock more capital and use cUSD to earn yield on top of the assets they already own. Since Creditum requires an over-collateralization of deposits, each cUSD is backed by at least $1 of collateral. This allows users of the protocol to begin liquidating unhealthy positions in the event of market downturns, ensuring the solvency of cUSD, keeping it at $1. In other words, the assets used to mint cUSD are much greater than the liabilities, keeping the protocol solvent.