Teddy Dollar Price Today

Price TSD to USD now is $1.037. Trading volume by 24-hours $345. Teddy Dollar, which_ranked #10000 price is up 0.26% in the past 24-hours. Teddy Dollar has circulating supply of $0 and have $0 capitalization.

Highest price for Teddy Dollar

The all-time high price of TSD is $1.7, the record was set on the 0.

Lowest price for Teddy Dollar

TSD all-time low price is $0.685, the record was set on 0.

How much has the price of Teddy Dollar changed lately?

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

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

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

60 days ago the price was $1 , this changed the TSD price by -1.96394%

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

What is Teddy Dollar

Teddy Cash is a decentralized borrowing protocol that allows you to draw interest-free loans against AVAX used as collateral. Loans are paid out in TSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%. Learn more about these mechanisms in our documentation. https://docs.teddy.cash/ The Teddy Dollar (TSD) is the first stablecoin on the Avalanche network that uses AVAX as collateral. In addition to the collateral, the loans are secured by a Stability Pool containing TSD and by fellow borrowers collectively acting as guarantors of last resort. Teddy Cash as a protocol is non-custodial, immutable, and governance-free. The Teddy Cash protocol offers interest-free loans and is more capital efficient than other borrowing systems (i.e. less collateral is needed for the same loan). Instead of selling AVAX to have liquid funds, you can use the protocol to lock up your AVAX, borrow against the collateral to withdraw TSD, and then repay your loan at a future date.