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Soft Link

SLINK
$0.44516

Soft Link Price Performance

Low
High
$0.44231
$1.0173

Soft Link Key Metrics

Volume (24h)
$0

SLINK to USD Converter

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Resources

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Soft Link Overview

24h High
$0.45
24h Low
$0.45
Volume 24h
$0

Soft Link News

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About Soft Link

SoftLink (SLINK) was an elastic supply synthetic asset designed to maintain a price peg to Chainlink's LINK token. Unlike traditional collateralized stablecoins, SLINK used a rebasing mechanism to adjust its supply dynamically based on price deviations from the target peg. The goal was to explore the effects of a non-collateralized and non-dilutive price peg by distributing supply changes proportionally across all balances. The project appears to be discontinued, with its official website no longer accessible.

SLINK aimed to function as an experimental synthetic asset that maintained a price peg to LINK without requiring collateral. It utilized a monetary policy contract that adjusted supply based on price fluctuations, with rebasing occurring at scheduled intervals. The project featured applications such as "The Sergeyser" (a liquidity mining program), "YIELD" (a yield farming suite), and "Orchestrator" (a tool for executing rebases). SLINK was intended to generate data on the effectiveness of its price stabilization mechanism.

Soft Link Markets

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Soft Link Platforms

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Soft Link Market Data

The live Soft Link price today is $0.45 USD with a 24-hour trading volume of $0.00 USD. We update our SLINK to USD price in real-time. Soft Link is tracking market moves in the last 24 hours.