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Moola interest bearing CREAL Price

(MCREAL)

Note: This cryptocurrency has not yet been officially listed on KuCoin TH.

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Moola interest bearing CREAL (MCREAL) Live Price Chart

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    MCREAL(MCREAL) Profile

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    $0.45744374
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    About MCREAL

    • How can I buy Moola interest bearing CREAL (MCREAL)?
    • Coin description

      Moola Market is a non-custodial liquidity protocol that is democratizing access to yield and credit. Depositors earn compound interest which is paid for by borrowers who take over-collateralized loans, delegated loans, or flash loans.

      Moola interest bearing tokens (mTokens) such as mcUSD, mcEUR, mcREAL, mCELO, and mMOO are transferable cERC20 tokens that represent claims on deposited assets plus accumulated yield. Each mToken is redeemable for exactly one Token (e.g. 1 mcUSD = 1 cUSD). When a wallet deposits Tokens into Moola Market, it receives an equivalent quantity of mTokens in return. 

      The Moola Market protocol has been independently audited since the open source code was migrated from Ethereum to Celo. Moola Market has shared ancestry with Aave v2 codebase which has also been audited here and here. Moola Market contracts are open source so everyone can independently verify the code base as well as build applications that interact with Moola Market.

      Moola Market does not charge any fees to deposit or withdraw. All transactions on Moola Market including deposit, withdraw, borrow, and repay incur network transaction fees which are used to secure the Celo network. Borrowers incur debt that compounds at either stable or variable interest rates, depending on which interest rate option was selected by the borrower. Flash loans incur a fee of 9bps. 

    FAQ

    • What is the all-time high price of Moola interest bearing CREAL (MCREAL)?

      The all-time high price of Moola interest bearing CREAL (MCREAL) is 0.46. The current price of MCREAL is down -- from its all-time high.

    • How do I store Moola interest bearing CREAL (MCREAL)?

      You can store your Moola interest bearing CREAL in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your MCREAL include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.