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Native Decentralized Euro Protocol Share

Native Decentralized Euro Protocol Share

$0.41
-$0.00002168
-<0.01%
• Today

Info

Symbol
NDEPS
Network
Ethereum
Market Cap
$11M
Total Supply
26.84M
Circulating Supply
26.84M
Holders
96

About

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.

FAQ

The market capitalization of NDEPS is $11M as of Jun 20, 2025.

Market capitalization is calculated by multiplying the current price of NDEPS by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The total supply of NDEPS is 26.84M.

The circulating supply, which represents the number of NDEPS currently available in the market, is 26.84M as of Jun 20, 2025.

NDEPS can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

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