Exchange Recast1

R1 Price Live Data

The live Recast1 price today is $ 0.0000014 usd with a 24-hour trading volume of $1 usd. We update our R1 to usd price in real-time. Recast1 is up 0.01% in the last 24 hours. The current coinmarketcap ranking is #6559, with a live market cap of $1 817 usd. It has a circulating supply of 1 315 217 391 R1 coins and the max. Supply of 10 000 000 000 R1 coins.

What Is Recast1 (R1)?

Recast1 Coin is a “non-fiat oriented stablecoin” that is not indexed to global fiat currencies and aims to maintain price stability. It uses changes in the numbers of increase in the user pool, increase-decrease in the number of user transfers, increase-decrease in the number of staked users,quantitative increase and decrease in the staked amount to maintain price stability. Recast1 coin will be the first stable coin and fiat currency to be affected by these four factors that only users can influence and to ensure price stability with these factors. For this reason, it is a fully decentralized "non-fiat oriented stable coin".