Seigniorage Shares SHARE

সম্পর্কে SHARE

Seigniorage Shares refers to a type of cryptocurrency token that is designed to capture the value created by the expansion of the money supply. It is a mechanism used by certain decentralized finance (DeFi) protocols, such as Dollar Protocol, to stabilize the price of their native tokens. These tokens are typically backed by a basket of stablecoins or other collateral assets and aim to maintain a stable value over time. Seigniorage Shares are created and destroyed based on the supply and demand dynamics of the protocol, with the goal of maintaining price stability.