Nacho Finance PriceNACHO
Rank #11013
About Nacho Finance (NACHO)
Contract
0xcd86152...6c0e5c4c2
Explorers
polygonscan.com
Website
nachoxyz.com
Community
Nacho Finance was inspired by tomb.finance and is a seigniorage style algorithmic stablecoin protocol designed to bring high APRs, with low fees, to Ethereum holders on the Polygon Network.
Nacho Finance is a multi-token protocol that consists of the following three tokens:
- Nacho Token (NACHO) (Medium of exchange)
- Nacho Shares (NSHARE) (Governance & Measure of protocol value)
- Nacho Bonds (NBOND) (Change NACHO supply during contraction periods)
The NACHO algorithmic token serves as the backbone of our growing ecosystem aimed at bringing high APRs to ETH holders on the Polygon Network. The protocol's underlying mechanisms dynamically adjust NACHO's supply, pushing its price up or down relative to the price of ETH in order to keep NACHO's peg to the ETH price.
NACHO Shares (NSHARE) are one of the ways to measure the value of the NACHO Protocol and shareholder trust in its ability to maintain NACHO close to peg. During epoch expansions the protocol mints NACHO and distributes it proportionally to all NSHARE holders who have staked their tokens in the Bowl.
Additionally, NSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the NACHO money ecosystem.
NACHO Bonds (NBOND) main job is to help incentivize changes in NACHO supply during an epoch contraction period.
Nacho Finance (NACHO) Price Trends
24H High$0.07555
24H Low$0.07481
24H Volume$78.13
Market Cap
--All-Time High(ATH)$26.12
Circulating Supply
-- NACHOAll-Time Low(ATL)$0.02554
Total Supply
264.75K NACHOMarket Cap/FDV
--Max Supply
100.00M NACHOFully Diluted Valuation
$7.48MMarket SentimentNeutral
Live Nacho Finance (NACHO) Price Update
Nacho Finance price today is $0.07481 with a 24-hour trading volume of $78.13, and as such Nacho Finance has a market cap of --, giving it a market dominance of 0.00000060%. The Nacho Finance price moved -0.98% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | -- | 0.00% |
24H | -$0.0007404 | -0.98% |
7D | +$0.01452 | +24.09% |
30D | +$0.02678 | +55.77% |
1Y | +$0.01247 | +20.01% |
NACHO to USD | $0.07 USD |
NACHO to EUR | €0.07 EUR |
NACHO to INR | ₹6.25 INR |
NACHO to IDR | Rp1134.86 IDR |
NACHO to CAD | $0.10 CAD |
NACHO to GBP | £0.06 GBP |
NACHO to THB | ฿2.47 THB |
NACHO to RUB | ₽6.91 RUB |
NACHO to BRL | R$0.41 BRL |
NACHO to AED | د.إ0.27 AED |
NACHO to TRY | ₺2.55 TRY |
NACHO to CNY | ¥0.53 CNY |
NACHO to JPY | ¥10.77 JPY |
NACHO to HKD | $0.58 HKD |