SwissBorg is currently trading at $0.2204, after a price change of -0.20% in the last 24 hours.
Ranked as cryptocurrency #118 by capitalization today, CHSB market cap is valued at $220,269,821. CHSB trading volume reached $474,929 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on CHSB coin price prediction page.
What is SwissBorg?
SwissBorg is a financial ecosystem with a featured mobile application that supports cryptocurrency trading and interest-earning accounts with a fiat gateway. Swissborg serves as a cryptocurrency wallet and an exchange that deals in selected cryptocurrencies. The platform holds a virtual currency license that enables digital currency exchange and supported wallets.
SwissBorg is based on the Ethereum blockchain and benefits from the proof-of-stake consensus that the network is transitioning into. The project’s featured SwissBorg Smart Yield invests users’ deposits in various decentralized and centralized financial platforms to earn interest that is distributed to the users. The SwissBorg Smart Engine is an array of algorithms that implement automated arbitrage strategies to obtain the best possible interest rates.
CHSB coin is an ERC20 standardized asset that powers the SwissBorg ecosystem. There are 1 billion circulating CHSB tokens from an equivalent uncapped supply. The CHSB token grants users access to premium membership, where they can stake 50,000 tokens for a year. SwissBorg’s developers minted the total token supply during the initial coin offering. Private investors and the development team were allocated 25% and 35% respectively from the supply, while 40% was set aside for a crowdsale.
SwissBorg was founded in 2017 by Cyrus Faizel and Anthony Lesoismier-Geniaux.