What is ROME Stablecoin (ROME)
What is ROME Stablecoin (ROME)
Start learning about what is ROME Stablecoin through guides, tokenomics, trading information, and more.
ROME Stablecoin (ROME) Basic Introduction
ROME is an overcollateralized stablecoin developed by Puzzle Network on the Waves blockchain. It is designed to maintain a stable value pegged to 1 USD, inspired by successful models like DAI and integrated with Puzzle Swap's megapools. Users can mint ROME exclusively through the Puzzle Lend platform by borrowing against approved LP tokens. This approach ensures that ROME is backed by diversified liquidity positions, providing stability and security. The protocol sets a fixed borrowing interest rate of 5% APY, and the only way to bring new ROME into circulation is through this borrowing mechanism. This design aims to create a stable asset that can generate compatible and organic yield within the DeFi ecosystem.
ROME Stablecoin (ROME) Profile
ROME Stablecoin (ROME) Tokenomics
Tokenomics describes the economic model of ROME Stablecoin (ROME), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
ROME Stablecoin TokenomicsPro Tip: Understanding ROME's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
ROME Stablecoin (ROME) Price Prediction
Building on tokenomics and past performance, price predictions for ROME aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of ROME? Check it out now!
ROME Stablecoin Price PredictionDisclaimer
The information on this page regarding ROME Stablecoin (ROME) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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