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About IMMO

Immortal is a decentralized reserve currency protocol on Celo blockchain based on the IMMO token. Each IMMO token is backed by a basket of assets (e.g. mcUSD) in the Immortal treasury, giving it an intrinsic value that it cannot fall below. Immortal also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. ImmortalDAO is also considered an algorithmic currency protocol with the goal of becoming a stable crypto-native currency within the Celo ecosystem. Though sometimes called an algorithmic stablecoin, ImmortalDAO is more akin to a central bank since it uses reserve assets like mcUSD to manage its price. The goal is to achieve price stability while maintaining a floating market-driven price. The biggest difference between IMMO and stablecoins like USDC is that IMMO is backed but not pegged to a particular price. Technically, the price floor for IMMO is 1 mcUSD, but practically a premium and the treasury value is added to the price. IMMO differs from other algorithmic stablecoins like Ampleforth (AMPL) because it issues IMMO to buy mcUSD and other assets and maintain a treasury. This mechanism is similar to FEI; the key difference is that FEI keeps a dollar peg, and ImmortalDAO Finance allows its token to float.

ImmortalDAO Finance (IMMO) is a cryptocurrency launched in 2022. IMMO has a current supply of 13,301.00 with 0 in circulation. The last known price of IMMO is 0.331839155084 USD and is 0.001059325514 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.immortaldao.finance.

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IMMO Price Statistics
IMMO’s Price Today
24h Price Change
+$0.0010593255140.32%
24h Volume
$0100.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8107
IMMO Market Cap
Market Cap
$0
Fully Diluted Market Cap
$4,413.79
IMMO Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
IMMO Supply
Circulating Supply
0
Total Supply
13,301.00
Max Supply
0
Updated Jan 17, 2025 4:06 pm
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IMMO
ImmortalDAO Finance
$0.331839155084
$0.001059325514(+0.32%)
Mkt Cap $0
There's nothing here for now
Masa Kikuchi, founder of Secured Finance, reveals the secrets of DeFi’s stable income and shares his vision for 2025
Masa Kikuchi, founder of Secured Finance, reveals the secrets of DeFi’s stable income and shares his vision for 2025
Odaily Planet Daily News Secured Finance founder and CEO Masa Kikuchi participated in the AMA event "Hot Takes" hosted by Storacha, a decentralized large-scale data storage network in the Filecoin ecosystem. In the latest episode, Masa explored in depth how to achieve stable and predictable returns in the volatile crypto market. As a former investment banker, Masa led the team to fully on-chain traditional bonds, ensuring the stability of returns through two core advantages: a fully transparent on-chain order book system, and standardized zero-coupon bond products. Different from the current common funding pool model in the DeFi field, the platform adopts a P2P trading mechanism, users can set their own yields, and support flexible early repayment and liquidation operations. Currently, the platform has opened fixed-income products for mainstream assets such as USDC, BTC, ETH and axlFIL on Ethereum and Arbitrum, providing 8 term options with a maximum of two years and rolling quarterly. Masa revealed that the platform will launch a blockbuster product USDFC (FIL collateralized stablecoin) in 2025, and will further improve the DeFi fixed income infrastructure. "In a highly volatile market, stable and predictable returns will become increasingly important." Masa predicted that as institutions such as BlackRock continue to deploy crypto assets, stablecoins will become the protagonists of the market in 2025. Secured Finance is committed to making fixed income products more transparent and inclusive through innovative on-chain solutions, breaking the monopoly of traditional finance in this field.
Jan 17, 2025 3:33 pm

Frequently Asked Questions

  • What is the all-time high price of ImmortalDAO Finance (IMMO)?

    The all-time high of IMMO was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of ImmortalDAO Finance (IMMO) is 0. The current price of IMMO is down 0% from its all-time high.

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  • How much ImmortalDAO Finance (IMMO) is there in circulation?

    As of , there is currently 0 IMMO in circulation. IMMO has a maximum supply of 0.

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  • What is the market cap of ImmortalDAO Finance (IMMO)?

    The current market cap of IMMO is 0. It is calculated by multiplying the current supply of IMMO by its real-time market price of 0.331839155084.

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  • What is the all-time low price of ImmortalDAO Finance (IMMO)?

    The all-time low of IMMO was 0 , from which the coin is now up 0%. The all-time low price of ImmortalDAO Finance (IMMO) is 0. The current price of IMMO is up 0% from its all-time low.

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  • Is ImmortalDAO Finance (IMMO) a good investment?

    ImmortalDAO Finance (IMMO) has a market capitalization of $0 and is ranked #8107 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze ImmortalDAO Finance (IMMO) price trends and patterns to find the best time to purchase IMMO.

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