Native Decentralized Euro Protocol Shares (nDEPS) are the governance token of the Decentralized Euro (dEURO) system. Anyone can obtain newly minted nDEPS by providing equity capital to the system and later return them to reclaim their share of capital. nDEPS holders benefit from the earned fees and liquidation profits, but they are also the ones who bear the residual risk of liquidations, similar to the shareholders of a bank. Therefore, nDEPS holders have an incentive to grow the system and ensure its stability. The governance process is veto-based: anyone can propose new types of collateral or even completely new methods to bring dEURO into circulation, but just 2% of the voting power is sufficient to veto such proposals.
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1
$74.96K
$11.11M
181K NDEPS
27M NDEPS
14M NDEPS
Not enough data
0%
$9.82
100%
Not enough data
Not enough data
$0.45
Not enough data
4.52%
NDEPS vs markets
↗ 2.95%
NDEPS vs BTC
↗ 3.3%
NDEPS vs ETH
↗ 10.04%
Tags
Network | Address | |
|---|---|---|
Ethereum | 0xc71104001A3CCDA1BEf1177d765831Bd1bfE8eE6 | |
Base | 0x5F674bF6d559229bDd29D642d2e0978f1E282722 | |
Polygon | 0x9D74De101e2a54Ad42198f37BDCCe0a0160ACacb |
Time | Price | Change |
|---|---|---|
Today | $0.40 | |
1 Day | $NaN | |
1 Week | $NaN |
We update our Native Decentralized Euro Protocol Share to USD currency in real-time. Get the live price of Native Decentralized Euro Protocol Share on Coinbase.
The current market cap of Native Decentralized Euro Protocol Share is $74.958K. A high market cap implies that the asset is highly valued by the market.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Popularity in posts
#5855
Contributors
0
Posts
0
% About Native Decentralized Euro Protocol Share
0%
Articles
0
X (Twitter)
0% bullish
Sentiment
5.0 ★
Highlights
0 unique individuals are talking about Native Decentralized Euro Protocol Share and it is ranked #5,855 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Native Decentralized Euro Protocol Share has an average sentiment score of 5.0 out of 5. Finally, Native Decentralized Euro Protocol Share is becoming less newsworthy, with 0 news articles published about Native Decentralized Euro Protocol Share.
On Reddit, Native Decentralized Euro Protocol Share was mentioned in 0 Reddit posts and there were 0 comments about Native Decentralized Euro Protocol Share. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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