UpStableToken (USTX)

UpStableToken (USTX)

Coin Information

Blockchain icon Blockchain: Tron
Ticker icon Ticker: USTX
Type icon Type: Token
Company icon Company: USTX Team
Asset or Contract address icon Contract:

Market Cap

$193 402

Fully Diluted Valuation

$313 504

Coin Supply

Circ icon Circ.: 12 466 308(62%)Question Mark Icon
Total icon Total: 20 207 853
Max icon Max: 20 207 853

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UpStableToken Price Chart

USTX to USD Converter

About UpStableToken?

“The project is built around two pillars: the USTX token and the DEX. The token is a TRC20 contract, deployed on Tron blockchain, implementing the needed features to enable simple transactions at very low fees. The DEX is the core of the project. A smart contract actively manages all exchange transactions on the USTX/Stablecoin pairs (USDT, TUSD, USDJ, USDC), with the goal of keeping the internal stablecoins reserve at a certain level compared to the circulating market cap of the token. If the reserve is above the target level, the system allows price expansion during up-trends of the market and dampens price reductions during down-trends, reducing volatility. If the reserve is below the desired level, the system reduces the expansion and damping effect, to recover the reserve levels. All this is managed on-chain, without the intervention of the owner of the contract. The stablecoins reserve is locked inside the DEX contract and is verifiable on chain by any user. This provides intrinsic value to the USTX token. Being multiasset, the reserve guarantees resiliency. Also, since the price action is not based on oracles, it’s immune to avalanche effects in case of price fluctuations of the stablecoins. The smart contracts are audited and open source.”

Frequently Asked Questions

The current price of UpStableToken USTX is 0.0155924 USD.
The circulating supply of UpStableToken is 12466308.
The total supply of UpStableToken is 20207853.
The max supply of UpStableToken is 20207853.
UpStableToken is a decentralized coin.
UpStableToken is a token running on the Tron blockchain.
UpStableToken reached an all-time-high of 0.0627141 USD on 28 Nov 2021.
The contract address of UpStableToken is TYX2iy3i3793YgKU5vqKxDnLpiBMSa5EdV.

Github Statistics (Development)

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USTX Markets on Crypto Exchanges

Rank Exchange Pair Volume (24h) Price Volume (24h) Price Volume (24h) Price Volume (%) Updated
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