Tranche Finance Achieves Market Cap of $11.97 Million (SLICE)

Tranche Finance (CURRENCY:SLICE) traded 6.1% lower against the US dollar during the 24-hour period ending at 20:00 PM E.T. on October 13th. Tranche Finance has a market cap of $11.97 million and approximately $83,260.00 worth of Tranche Finance was traded on exchanges in the last 24 hours. One Tranche Finance coin can now be purchased for about $0.60 or 0.00001043 BTC on major cryptocurrency exchanges. During the last seven days, Tranche Finance has traded down 15.4% against the US dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

  • Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded 0% lower against the dollar and now trades at $1.00 or 0.00001742 BTC.
  • Chainlink (LINK) traded up 3.8% against the dollar and now trades at $25.52 or 0.00044441 BTC.
  • Polygon (MATIC) traded 2.4% higher against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded 1.6% higher against the dollar and now trades at $1.24 or 0.00002160 BTC.
  • Axie Infinity (AXS) traded down 0.3% against the dollar and now trades at $121.55 or 0.00211711 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 2.3% against the dollar and now trades at $54.07 or 0.00094183 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001743 BTC.

Tranche Finance Profile

SLICE is a coin. It launched on December 29th, 2020. Tranche Finance’s total supply is 20,000,000 coins. Tranche Finance’s official Twitter account is @TrancheFinance.

According to CryptoCompare, “Tranche is a decentralized protocol for managing risk. The protocol integrates with any interest accrual token, such as Compound's cTokens and AAVE's aTokens, to create two new interest-bearing instruments, one with a fixed-rate, Tranche A, and one with a variable rate, Tranche B. The protocol is currently integrated with Compound and charges fees in Dai and ETH. Accrued fees are exchanged for SLICE tokens through Uniswap pools. SLICE holders can vote on protocol parameters and other governance issues, as well as stake their SLICE or SLICE-LP tokens for rewards. “

Buying and Selling Tranche Finance

It is usually not possible to buy alternative cryptocurrencies such as Tranche Finance directly using U.S. dollars. Investors seeking to trade Tranche Finance should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Tranche Finance using one of the exchanges listed above.

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