Top Seigniorage tokens by market capitalization
Seigniorage contains 11 coins with a total market capitalization of $609.94M and an average price change of -0.53%. 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.
See more
| Name | Price | 24h (%) | 7D (%) | Market cap | 24h volume | Supply | Last 24h | Action | |
|---|---|---|---|---|---|---|---|---|---|
 |  FraxFRAX | $0.9993 | -0.05% | +0.05% | $348.46M | $2.15M | 348.70M | ||
|  Frax ShareFXS | $2.13 | -0.89% | +9.39% | $189.42M | $15.73M | 88.82M | Trade | |
|  TerraClassicUSDUSTC | $0.01315 | +0.97% | -2.15% | $73.06M | $5.46M | 5.55B | Trade | |
| $0.0003902 | +2.70% | +3.54% | $174,051.26 | $1.98 | 446.01M | |||
|  Basis CashBAC | $0.001462 | +0.24% | -1.95% | $79,783.8 | $488.34 | 54.58M | ||
|  Seigniorage SharesSHARE | $0.002912 | +0.01% | +12.19% | $61,142.2 | $19.07 | 21.00M | ||
|  Basis ShareBAS | $0.07501 | -- | -- | $0 | $0 | 0.00 | ||
|  TombTOMB | $0.005095 | +1.35% | -1.12% | $0 | $6.28 | 0.00 | ||
| $0.01309 | -0.02% | -3.08% | $0 | $603,745.53 | 0.00 | |||
|  One CashONC | $0.04608 | +0.00% | -0.65% | $0 | $0 | 0.00 | ||
| $0.1122 | -- | -0.04% | $0 | $0 | 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.