Coast CST
CSTProject Safety Score: 12%
Updated 3 weeks, 3 days agoMechanics
Distribution
& Market
Behavioral
Credibility
Coast Stablecoin is a Fiat-backed stablecoin (a PRC-20) with 1:1 collateral held as USD and functions as an avenue for onboarding new users directly onto PulseChain. User's are able to mint CST directly on-chain in a self-custodial manner from the balance of their digital bank account. This is performed at app.0xcoast.com. CST is always redeemable for $1 of USD at our decentralized application (via burning) and live proof of reserves are available at app.0xcoast.com/analytics. There is currently >2M USD of TVL across liquidity pools on Phux and PulseX v2.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
