We’re excited to welcome Empty Set Dollar (ESD) to our DeFi Innovation Zone today! ESD joins 70+ other DeFi assets on Poloniex.
Interested in our listings? Tell your friends and earn 20% on their trading fees.
What is Empty Set Dollar?
Empty Set Dollar is an algorithmic stablecoin built to be the reserve currency of DeFi. The protocol is centred around an ERC-20 token: ESD. ESD acts as both the stabilized dollar and as the governance token for the protocol. In order to self-stabilize, the protocol uses voluntary supply expansions and contractions around a Time Weighted Average Price (TWAP) oracle from the incentivized trading pool on Uniswap. ESD has constructed a number of varying mechanics from numerous projects into a single protocol. This combination gives it the distinctive features of decentralization, self-stabilization, composability, and opt-in supply adjustments. ESD is listed on Poloniex in our DeFi Innovation Zone. Deposit ESD now and begin trading.
Market Cap: $327,791,428
Market Cap Rank: #61
24hr Trading Volume: $11,849,223
All Time High: $23.88 (September 12, 2020)
All Time Low: $0.359697 (October 28, 2020)
Circulating Supply: 303,018,679 ESD