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Native Decentralized Euro Protocol Share community
About Native Decentralized Euro Protocol Share
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.
Native Decentralized Euro Protocol Share Price Live Data
The live Native Decentralized Euro Protocol Share price today is $0.421907 USD with a 24-hour trading volume of $33,694.64 USD. We update our NDEPS to USD price in real-time. Native Decentralized Euro Protocol Share is up 0.26% in the last 24 hours. The current CoinMarketCap ranking is #4784, with a live market cap of not available. The circulating supply is not available and a max. supply of 26,825,222 NDEPS coins.