Top Seigniorage tokens by market capitalization
Seigniorage contains 11 coins with a total market capitalization of $701.19M and an average price change of -2.68%. They are listed in size by market capitalization.
On the blockchain, stablecoins are created using complex mathematical formulas to guarantee price stability. Seigniorage is the profit made by a government or economy by producing currency for less than its exchange value. Essentially, seigniorage is the difference between the cost of producing money, such as a $10 bill or quarter coin, and its face value. When the seigniorage is positive, the government can expect to make a profit. However, if the seigniorage is negative, it will result in a loss for the government.
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| Name | Price | 24h (%) | 7D (%) | Market cap | 24h volume | Supply | Last 24h | Action | |
|---|---|---|---|---|---|---|---|---|---|
 |  FraxFRAX | $0.9957 | -0.05% | -0.09% | $495.01M | $7.70M | 497.14M | ||
|  Frax ShareFXS | $1.51 | -9.24% | -2.97% | $132.57M | $19.10M | 87.99M | Trade | |
|  TerraClassicUSDUSTC | $0.01289 | -11.88% | -11.62% | $71.58M | $13.85M | 5.56B | Trade | |
| $0.0004991 | -0.29% | +0.38% | $222,582.49 | $1.97 | 446.01M | |||
|  Basis CashBAC | $0.001452 | -1.65% | -5.63% | $79,250.59 | $1,048.34 | 54.58M | ||
|  Seigniorage SharesSHARE | $0.003098 | -10.46% | -13.62% | $65,061.63 | $217.42 | 21.00M | ||
|  Basis ShareBAS | $0.07501 | -- | -- | $0 | $0 | 0.00 | ||
|  TombTOMB | $0.005375 | -25.06% | -29.35% | $0 | $9,183.07 | 0.00 | ||
|  One CashONC | $0.04563 | -4.08% | -7.98% | $0 | $13.48 | 0.00 | ||
| $0.01273 | -13.68% | -12.23% | $0 | $1.48M | 0.00 | |||
| $0.1069 | +1.49% | +2.47% | $0 | $298.81 | 0.00 |
FAQ
Which type of stablecoin uses seigniorage?
Basis Cash is a project that focuses on seigniorage-style algorithmic stablecoins. It involves three cryptocurrencies and aims to keep the price of BAC stable by controlling the supply.
What is an example of an algorithmic stablecoin?
A similar project is Ampleforth (AMPL), which utilizes an algorithm to modify the token supply in accordance with fluctuations in demand.
Which type of stablecoin uses seigniorage shares system to retain a stable price?
Non-collateralized stablecoins are those that rely on the Seigniorage Shares system's principle.