Seigniorage crypto
Market data and GBP prices for cryptocurrencies in the Seigniorage category.
About Seigniorage
In the case of algorithmic stablecoins, seigniorage is generated when the stablecoin's value rises above its peg (e.g., $1). The protocol can then mint new tokens and sell them on the open market, generating revenue. This revenue is used to maintain the stablecoin's peg to its target value. If the stablecoin's value falls below its peg, the protocol can buy back tokens, reducing the supply and helping to restore the peg.
Seigniorage cryptocurrencies
Cryptoassets from this sector that are currently tracked by LiveCryptoPrices.
| # | Asset | Price | 24h | 7d | Market cap | Volume (24h) |
|---|---|---|---|---|---|---|
| 177 |
Legacy Frax Dollar
FRAX
|
£0.7496 | +0.11% | -0.24% | £164.41m | £254.45k |
No matching cryptocurrency found in this category.
Related crypto categories
Explore other sectors that share one or more cryptocurrencies with Seigniorage.
Understanding category data
Cryptoassets can belong to more than one market category. Category market capitalisation and volume figures may therefore overlap with other sectors and should not be added together to estimate the size of the overall cryptocurrency market.
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