I'm curious about pledge coins. I've heard about them in different contexts, but I'm not exactly sure what they are or how they work. Could someone explain the concept of a pledge coin to me?
6
answers
KimonoElegantGlitter
Fri Nov 08 2024
Pledge represents a novel approach in the realm of decentralized finance.
Giulia
Thu Nov 07 2024
The issuance of PLGR tokens is based on the supply and demand dynamics of specific cryptocurrencies.
noah_wright_author
Thu Nov 07 2024
By leveraging this mechanism, Pledge offers a platform where users can engage in financial activities with transparent and pre-determined interest rates.
Tommaso
Thu Nov 07 2024
It operates as a protocol that aims to establish money markets in a decentralized manner.
CryptoAlchemy
Thu Nov 07 2024
These markets feature interest rates that are algorithmically fixed, ensuring stability and predictability.