A
Aquarius Loan PriceARS
Rank #11628
$0.0002801
+4.78%How do you feel about Aquarius Loan(ARS) today?
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About Aquarius Loan (ARS)
Contract
0
0x204e2d4...8fb0e5780
Explorers
scan.coredao.org
Website
aquarius.loan
Community
What is the Aquarius Loan?
Aquarius Loan or Aquarius is a decentralized blockchain protocol that allows users to lend or borrow selected cryptocurrencies on Core chain. It establishes money markets by pooling assets together and algorithmically setting interest rates based on supply and demand of assets.
To supply or lend crypto assets on Aquarius, users will have to deposit their crypto assets into the Aquarius protocol and it will be aggregated into a liquidity pool. Once users have made the deposit, they will receive aTokens in return. Users will start accruing interest by holding the aTokens.
Once assets are supplied to Aquarius, users are allowed to use the assets as collateral. Based on the collateral factor of the assets deposited, users can start borrowing from Aquarius. Because Aquarius uses an overcollateralization model, you can never borrow more than what is collateralized.
How is Aquarius Loan different from traditional finance?
Aquarius behaves similarly to a bank but it is more easily accessible. To use Aquarius, users are not required to provide personal and private information. Anyone with an internet connection could sign up for Aquarius and start interacting with the protocol. All they need is some crypto assets stored on a crypto wallet like Metamask.
In addition, the return rates for Aquarius are more attractive compared to traditional banks. For example, if you store money in a savings account, it will only generate a measly 0.05% APY. On the other hand, Aquarius would offer up to 10% APY depending on the assets supplied.
History of Aquarius Loan.
Aquarius team have launched the project in 2022 and in July 2023, they have made strategic partnership with CoreDAO, a DAO organization that is governing the activities of Core chain. Aquarius Team got official grant from CoreDAO to build the decentralized money market on Core chain.
In August 2023, they partnered with SushiSwap to launch the protocol's native token ARS and
Aquarius Loan (ARS) Price Trends
24H High$0.0003828
24H Low$0.0002328
24H Volume$140.44K
Market Cap
--All-Time High(ATH)$0.01394
Circulating Supply
-- ARSAll-Time Low(ATL)$0.0004154
Total Supply
1.00B ARSMarket Cap/FDV
--Max Supply
1.00B ARSFully Diluted Valuation
$470.76KMarket SentimentNeutral
Live Aquarius Loan (ARS) Price Update
Aquarius Loan price today is $0.0002801 with a 24-hour trading volume of $140.44K, and as such Aquarius Loan has a market cap of --, giving it a market dominance of 0.000017%. The Aquarius Loan price moved +4.78% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | -$0.00001207 | -2.50% |
| 24H | -$0.00003888 | -7.63% |
| 7D | -$0.00002511 | -5.06% |
| 30D | -$0.00007177 | -13.23% |
| 1Y | -$0.01109 | -95.93% |
Popular ARS Exchanges
U ARS to USD | $0.00 USD |
E ARS to EUR | €0.00 EUR |
I ARS to INR | ₹0.04 INR |
I ARS to IDR | Rp7.14 IDR |
C ARS to CAD | $0.00 CAD |
G ARS to GBP | £0.00 GBP |
T ARS to THB | ฿0.02 THB |
R ARS to RUB | ₽0.04 RUB |
B ARS to BRL | R$0.00 BRL |
A ARS to AED | د.إ0.00 AED |
T ARS to TRY | ₺0.02 TRY |
C ARS to CNY | ¥0.00 CNY |
J ARS to JPY | ¥0.07 JPY |
H ARS to HKD | $0.00 HKD |
