Bitget App
Trade smarter
Top Seigniorage tokens by market capitalization
Seigniorage contains 9 coins with a total market capitalization of $405.71M and an average price change of +5.75%. 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 | |
|---|---|---|---|---|---|---|---|---|---|
| $0.9924 | -0.25% | +0.01% | $281.34M | $181,952.58 | 283.48M | ||||
 Frax (prev. FXS)FRAX | $0.7665 | -1.77% | -1.77% | $67.66M | $4.84M | 88.26M | Trade | ||
 TerraClassicUSDUSTC | $0.009594 | +7.82% | +68.51% | $53.58M | $50.10M | 5.58B | Trade | ||
| $0.0004208 | +8.11% | -0.25% | $187,693.79 | $2.06 | 446.01M | ||||
 Basis CashBAC | $0.001754 | +3.17% | -15.74% | $95,742.76 | $12,014.76 | 54.58M | |||
 Seigniorage SharesSHARE | $0.003866 | +1.41% | +0.93% | $81,190.57 | $13,003.06 | 21.00M | |||
| $0.009138 | +4.20% | +60.78% | $0 | $4.82M | 0.00 | ||||
| $0.06215 | +3.30% | -39.81% | $0 | $12,414.99 | 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.