Today Teddy Dollar (TSD) only traded on Pangolin. The maximum trading volume is observed for the trading pair TSD/WAVAX and reaches 102 dollars (100% of the total volume across all exchanges). During the week, the minimum price for Teddy Dollar (TSD) is fixed on Monday at 0.98 cents. Currently, the token Teddy Dollar is trading in the range of 1.03 dollar or 106.33 rubles for 1 TSD.
TSD Teddy Dollar
Price of Teddy Dollar (TSD)
Exchanges where TSD is traded
Calculator TSD
1 TSD = 1.03 USD
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.
Official websites and links for Teddy Dollar
There are currently about 4 official links to Teddy Dollar websites and social media:
- Website - teddy.cash
- Twitter - twitter.com/TeddyCashLive
- Facebook - facebook.com
- GitHub - github.com/teddy-cash/dev