MAI (Optimism)Price(MIMATIC)
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MAI (Optimism) (MIMATIC) Price information (USD)
The current real-time price of MIMATIC is $0.0126. In the past 24 hours, MIMATIC has traded between $0.0126 and $0.0126, showing strong market activity. The all-time high of MIMATIC is $0.6384, and the all-time low is $0.0124.
From a short-term perspective, the price change of MIMATIC over the past 1 hour is
MAI (Optimism) (MIMATIC) Market Information
MAI (Optimism) (MIMATIC) Today's Price
The live price of MIMATIC today is $0.0126, with a current market cap of $0. The 24-hour trading volume is 1.03. The price of MIMATIC to USD is updated in real time.
MAI (Optimism) (MIMATIC) Price History (USD)
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What is MAI (OPTIMISM) (MIMATIC)?
When is the right time to buy MIMATIC? Should I buy or sell MIMATIC now?
Before deciding whether to buy or sell MIMATIC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MIMATIC technical analysis can provide you with trading references.
Future price trend of MIMATIC
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MIMATIC.
How much will MIMATIC be worth tomorrow, next week, or next month in ? What about your MIMATIC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MIMATIC Price Prediction
How to buy MAI (OPTIMISM) (MIMATIC)
Convert MIMATIC to local currency
MIMATIC Resources
To learn more about MIMATIC, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
optimistic-ethereum | 0xb1a8...a73d60  | 11.318M | 58.56% |
optimistic-ethereum | 0x0000...000001 | 2.151M | 11.13% |
optimistic-ethereum | 0x11c1...ca5e94 | 1.204M | 6.23% |
optimistic-ethereum | 0xdfa4...964b02 | 1.000M | 5.17% |
optimistic-ethereum | 0x44d0...849899 | 466.052K | 2.41% |
Other | 3.188M | 16.5% |
Hot Events
MAI (OPTIMISM) (MIMATIC) FAQ
What is MAI (Optimism) (MIMATIC), and what is its fundamental purpose within the decentralized finance (DeFi) landscape?
MAI (MIMATIC) is an overcollateralized stablecoin, uniquely backed solely by decentralized tokens, ensuring its independence. Its primary objective is to maintain a stable value pegged to the US Dollar (USD). Operating across various blockchain networks, including Optimism, MAI provides users with a reliable and price-stable asset. This makes it an essential tool for navigating the volatile cryptocurrency market, offering a secure store of value and a stable medium for transactions within the Web3 ecosystem.
How is MAI created, and what specific mechanisms are utilized to ensure its stability and maintain its peg to the US Dollar?
MAI is primarily created through a borrowing process: users mint MAI by locking decentralized tokens as collateral in the protocol. Conversely, when users repay their borrowed MAI, the corresponding amount is burned, effectively reducing the circulating supply. Its stability is diligently maintained through an economic system that strategically aligns financial incentives. This system incorporates a mechanism, analogous to a Peg Stability Module, which facilitates 1:1 swaps with other USD stablecoins, anchoring its value to the US Dollar.
What are the primary use cases and practical applications for MAI (MIMATIC) for users within the decentralized finance (DeFi) ecosystem?
MAI (MIMATIC) offers several key applications within DeFi. As a price-stable asset, it is widely used for hedging against the inherent volatility of other cryptocurrencies, allowing users to protect their capital. It also functions as a reliable store of value, providing a safe haven during market fluctuations. Furthermore, MAI is instrumental in various financial activities such as market making, facilitating efficient trading, and enabling users to engage in leveraging strategies, thereby broadening its utility across diverse DeFi protocols.
Can you explain the tokenomics of MIMATIC, particularly focusing on its supply, inflation control, and burning mechanisms?
MIMATIC's tokenomics are characterized by an uncapped supply, meaning there isn't a fixed upper limit to the number of tokens that can exist. However, the protocol implements dynamic inflation control and burning mechanisms to manage this supply. MAI is minted when users borrow against their locked collateral and is subsequently burned when those debts are repaid. This design directly links the token's supply to borrowing demand, ensuring that the total supply remains responsive and controlled, which is crucial for maintaining its stablecoin peg.
Where can users acquire or trade MAI (MIMATIC) tokens, and on what types of platforms is it generally available?
MAI (MIMATIC) tokens are broadly accessible for acquisition and trading across the Web3 landscape. Users can find MIMATIC on various decentralized exchanges operating on different blockchain networks. Additionally, MIMATIC is listed on several centralized exchanges, including LBank, providing diverse avenues for users to buy or sell the token. This multi-platform availability ensures liquidity and convenience for users looking to engage with MAI.
On which various blockchain networks is MAI (MIMATIC) currently deployed and available for use within their respective ecosystems?
MAI (MIMATIC) is designed for broad interoperability and is deployed across a multitude of blockchain networks. It is available on Polygon POS, Kaia, Moonriver, Gnosis Chain, IoTeX, Metis Andromeda, Boba Network, Aurora, and Moonbeam. This extensive multi-chain presence allows users to access and utilize MAI within diverse decentralized finance ecosystems, enhancing its utility and reach across the Web3 space.
