Today Orca AVAI (AVAI) not traded anywhere. During the week, the minimum price for Orca AVAI (AVAI) is fixed on Sunday at 0.77 cents. Currently, the token Orca AVAI is trading in the range of 77.26 cents or 78.28 rubles for 1 AVAI.
AVAI Orca AVAI
Price of Orca AVAI (AVAI)
Exchanges where AVAI is traded
No dataCalculator AVAI
1 AVAI = 0.77 USD
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.
Official websites and links for Orca AVAI
There are currently about 3 official links to Orca AVAI websites and social media:
- Website - avai.finance
- Twitter - twitter.com
- Facebook - facebook.com