Float Protocol: Float
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Stablecoin
About Float Protocol: FloatFloat Protocol's FLOAT is a stablecoin designed to hold low volatility without targeting a fixed $1 peg — its value is intended to gradually float over time, defended by Dutch auctions and a basket of crypto assets held in reserve. This is a materially different design from standard dollar-pegged stablecoins; FLOAT is not meant to trade at $1.
Assets Details
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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