STAR is the stable coin used within Preon, and is an integral component of the Sphere Ecosystem. STAR is designed to be an over collateralized stable coin backed by its crypto collateral and incorporates a stability pool as a front-line defense of liquidations.
STAR loans are secured by always having more value locked than the amount of debt given out. STAR, in conjunction with Preon, will also allow for 0% lending opportunities. Loans are created by submitting collateral in the form of crypto assets, and receive STAR, ensuring stability and flexibility in your borrowing.
STAR can be used in many different ways including deposited into the stability pool. Once the user has made a full repayment of their STAR loan, they can retrieve 100% of their collateralized assets without incurring any interest charges, closing fees, or hidden penalties.
Where is Star available for purchase?
What is the highest value Star (STAR) has ever reached?
Star (STAR) reached its peak price at 1.17 $ on 30 January 2025, approximately 7 months ago ago. Presently, the current price is -14.77% lower than this all-time high.
What is the historical minimum price for Star (STAR)?
The minimum price reached for Star (STAR) was 0.4872 $, documented on 07 January 2025, more than 8 months ago. In comparison, the current price is 104.66%, it above this historical low.
What is the fully diluted valuation of Star (STAR)?
The fully diluted valuation (FDV) of Star (STAR) stands at $ 259,970. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of STAR tokens. The realization of this FDV might take several years depending on the emission schedule of STAR tokens.