
BondAppetite USD USDAP
USDAP
0.5653
$
10.84 %
Change 24h
Market Cap
$ 616,112
Volume 24h
$ 1815.5
Circulating Supply
1,088,030
USDAP
$
# | Exchange | Pair | Price | Volume 24h |
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Description
BondAppetit is a lending DeFi protocol with a stablecoin 100% backed by real-world assets (bonds).
USDap is the native stablecoin of BondAppetit. It is built on Ethereum and is fully backed by yield-generating bonds with different terms, interest rates, and redemption dates. The bonds are stored by a licensed custodian in a stable jurisdiction. Anyone can check their availability any time online at bondappetit.com/collateral. The information is transmitted from the custodian and is digitally signed making data spoofing impossible.