XWL
XWLRS

xWalrus Price (XWLRS)

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About xWalrus

Frozen Walrus Finance is an algorithmic stable coin protocol pegged 1:1 to USDC on Avalanche via seigniorage.

The protocol's underlying mechanism dynamically adjusts WLRS's supply, pushing its price up or down in relation to the price of USDC. This should be $1 however there may be times where USDC loses its peg and if our protocol is functioning as intended will follow USDC to keep pegged 1:1 to it.