ONEZ is a unique stablecoin created by the ZeroLend Protocol. It's designed to always be worth one U.S. Dollar and is made by users who provide collateral. When someone borrows, they must offer collateral at a certain ratio to get ONEZ.
When borrowed positions are paid back or if there's a liquidation, the ONEZ goes back to ZeroLend and is removed from circulation. What's special is that the interest paid by ONEZ users goes into the ZeroLend DAO treasury, unlike other assets where interest is essentially removed.
What is the highest value ONEZ (ONEZ) has ever reached?
ONEZ (ONEZ) reached its peak price at 1.85 $ on 10 February 2024, approximately 2 years ago ago. Presently, the current price is -52.23% lower than this all-time high.
What is the historical minimum price for ONEZ (ONEZ)?
The minimum price reached for ONEZ (ONEZ) was 0.8148 $, documented on 18 November 2023, more than 2 years ago. In comparison, the current price is 8.44%, it above this historical low.
What is the fully diluted valuation of ONEZ (ONEZ)?
The fully diluted valuation (FDV) of ONEZ (ONEZ) stands at $ 16,788.61. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ONEZ tokens. The realization of this FDV might take several years depending on the emission schedule of ONEZ tokens.