MASG COIN is a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD. Anyone can use MASG COIN to open a Vault, lock in collateral such as ETH or BAT, and generate Dai as debt against that collateral. Dai debt incurs a stability fee (i.e., continuously accruing interest), which is paid upon repayment of borrowed Dai. That MKR is burned, along with the repaid Dai. Users can borrow Dai up to 73% of their collateral’s value (160% collateralization ratio). Vaults that fall below that rate are subject to a 13% penalty and liquidation (by anyone) to bring the Vault out of default.
| Lifetime | 32 Days |
| Monitored | 18/08/2022 |
| Withdrawal Type | Automatic |
| Minimum investment | 20.00 $ |
| Maximum investment | 50,000.00 $ |
| Earnings | 2,10% Daily for 7 Days |
| Percentage of Referrals | 3% |
| Our Investment | $0.00 $ |
| Status | Request Date | Import | Waiting Time | Details |
|---|---|---|---|---|
| --- | --- | --- | --- | --- |
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