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A is a privacy-focused stablecoin launched by the Awake platform, designed to maintain a 1:1 peg with DAI (1 A = 1 DAI). The protocol follows a fully collateralized reserve model, ensuring that every A token issued is backed by an equivalent amount of DAI held in the treasury. Through Awake's proprietary minting algorithm, the non-stable LGNS token is converted into the privacy stablecoin A. During the minting process, LGNS is deposited according to the protocol's collateralization mechanism and is permanently burned after A is successfully minted, reducing the circulating supply of LGNS. At the same time, an equivalent amount of DAI is locked in the treasury on a 1:1 basis, providing full collateral backing for every A token. Users can redeem A for DAI at any time through the protocol, ensuring price stability, transparency, and asset security.
The live AWAKE price today is $0.980846 USD with a 24-hour trading volume of $14,867.40 USD. We update our A to USD price in real-time. AWAKE is up 0.37% in the last 24 hours. The current CoinMarketCap ranking is #4460, with a live market cap of not available. The circulating supply is not available and a max. supply of 210,000,000 A coins.