Orca AVAI Price Today

Price AVAI to USD now is $1.022. Trading volume by 24-hours $746. Orca AVAI, which_ranked #10000 price is up 2.32% in the past 24-hours. Orca AVAI has circulating supply of $0 and have $0 capitalization.

Highest price for Orca AVAI

The all-time high price of AVAI is $1.21, the record was set on the 0.

Lowest price for Orca AVAI

AVAI all-time low price is $0.259, the record was set on 0.

How much has the price of Orca AVAI changed lately?

7 days ago the price was $1 , this changed the AVAI price by 29.17451%

14 days ago the price was $1 , this changed the AVAI price by -6.99269%

30 days ago the price was $1 , this changed the AVAI price by -6.3877%

60 days ago the price was $1 , this changed the AVAI price by -10.55701%

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

What is Orca AVAI

AVAI is an asset that is pegged to the US Dollar; in other words, a coin intended to float as close to $1.00 USD as possible. It will be backed by locking tokens as collateral in a personal Vault in a Orca Bank as well as via other mechanisms described in the technical overview. The entire process is decentralized and does not use a middleman such as a financial institution, meaning simply that the user is in full control of their funds at all times. An Orca Bank is the contract that allows a user to deposit a specific ERC20 as collateral, granting AVAI in return. Using the USDC token as an example, if a user deposits $150 USD worth of collateral funds into a Vault, they will have the ability to borrow up to 100 AVAI, worth $100 USD. This grants them the opportunity to invest a total of $250 USD, while owing a stable $100 USD.