Try Quests to earn cryptoStable Coins Lent on Kashi
Q92. Draw a chart showing the TVL of Stable coins on kashi pairs across all markets.
Stablecoins are a form of cryptocurrency that is tied to a reserve asset such as a currency (like the dollar or euro) or a commodity (like gold, oil, or real estate), so as to make the value of stablecoins less prone to volatile swings in price
Kashi, the first app built on BentoBox, which allows users to maximize the power of their cryptocurrencies through its dual token usage infrastructure. BentoBox is a cryptocurrency token vault which generates yield from flash loans and other protocols built from the strategies of its framework.
The chart below shows the total deposited Stable Coins Lent on Kashi.
According to the chart, the most deposited was about 136K.
The donut below shows the total Percentage of stable coin on Kashi pairs.
According to the chart, the most stable coin deposited was about 91% on USDT, after that 12.5% on DAI, about 8% on USDC, and the total stable coin deposit on UST was so low that we ignore it.
The chart below shows the total Stable coin volume on Kashi pairs over the last three month.
According to the chart, the most stable coin deposited on USDT was about 4.6M on May 8th,the most stable coin deposited on Dai was about 71K on May 11th,the most stable coin deposited on USDT was about 85K on May 12th.
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