Difference between revisions of "First digital usd (FDUSD)"
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[[Stablecoins|Stablecoin]] pegged to USD on ETH and BNB | |||
==Basics== | ==Basics== | ||
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*[[bug bounty|Bug bounty]] program can be found [insert here]. | *[[bug bounty|Bug bounty]] program can be found [insert here]. | ||
===Bugs/Exploits=== | ===Bugs/Exploits=== | ||
==Coin Distribution== | ==Coin Distribution== | ||
The supply [https://news.bitcoin.com/fdusd-market-cap-skyrockets-by-1-billion-in-2024-clinching-top-4-stablecoin-spot/ stands] at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the [[ERC20 tokens|ERC20]] variant of FDUSD, the dollar-pegged [[token]] on [[Ethereum (ETH)|Ethereum]]. The [[BNB Chain|BNB]] version of FDUSD is held by 3,545 distinct [[Wallet|wallets]]. [[Binance]] holds the top three [[wallets]] for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD [[tokens]] on each chain have seen very little [[onchain]] action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place [[off-chain]] and via order books. | The supply [https://news.bitcoin.com/fdusd-market-cap-skyrockets-by-1-billion-in-2024-clinching-top-4-stablecoin-spot/ stands] at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the [[ERC20 tokens|ERC20]] variant of FDUSD, the dollar-pegged [[token]] on [[Ethereum (ETH)|Ethereum]]. The [[BNB Chain|BNB]] version of FDUSD is held by 3,545 distinct [[Wallet|wallets]]. [[Binance]] holds the top three [[wallets]] for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD [[tokens]] on each chain have seen very little [[onchain]] action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place [[off-chain]] and via order books. | ||
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==Technology== | ==Technology== | ||
*[[Whitepaper]] or docs can be found [insert here]. | *[[Whitepaper]] or docs can be found [insert here]. | ||
*Code can be viewed [insert here] | *Code can be viewed [insert here] | ||
==Pros and Cons== | ==Pros and Cons== | ||
===Pros=== | ===Pros=== | ||
Latest revision as of 02:20, 22 January 2024
Stablecoin pegged to USD on ETH and BNB
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Coin Distribution
The supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days (22-1-2024). Currently, 452 individual holders possess the ERC20 variant of FDUSD, the dollar-pegged token on Ethereum. The BNB version of FDUSD is held by 3,545 distinct wallets. Binance holds the top three wallets for BNB-based FDUSD, commanding a significant 82.1% of the 49.38 million FDUSD minted on BNB. The top 100 holders collectively possess 99.01% of these specific BNB-minted coins. Both FDUSD tokens on each chain have seen very little onchain action, but FDUSD holds the sixth largest trading volume on Sunday, which means most of FDUSD’s action takes place off-chain and via order books.
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here]
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
(:
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