Recast1
R1
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About Recast1
Recast1 coin is a “non-fiat oriented stablecoin” that is not indexed to global fiat currencies and aims to maintain price stability. It uses changes in the numbers of increase in the user pool, increase-decrease in the number of user transfers, increase-decrease in the number of staked users,quantitative increase and decrease in the staked amount to maintain price stability. Recast1 coin will be the first stable coin and fiat currency to be affected by these four factors that only users can influence and to ensure price stability with these factors. For this reason, it is a fully decentralized "non-fiat oriented stable coin".
Recast1 [R1] is a token based on TRON blockchain. The most actual price for one Recast1 [R1] is $0.000001. Recast1 is listed on 1 exchanges with a sum of 1 active markets. The 24h volume of [R1] is $1.087519, while the Recast1 market cap is $0 which ranks it as #10480 of all cryptocurrencies. You can find more information about Recast1 [R1] on recast1.org
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Recast1 Basics
| Development status | Only token |
|---|---|
| Org. Structure | Semi-centralized |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Started |
15 June 2021
over 3 years ago |
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| Website | recast1.org |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (1) | tronscan.org |
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| Tags |
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| reddit.com |
