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About BIS

Bismuth claims to be the first Python blockchain platform that facilitates full-scale digital utility. Virtually anything can be reportedly created on Bismuth’s modular platform, ranging from simple token issuance to decentralized application (dApp) services. The entire project was created in Python, and every virtual solution built atop the platform can be done in the same language. The Bismuth protocol describes itself as an open-source, unfunded project maintained by the Bismuth Foundation and a community of Python developers

Bismuth (BIS) is a cryptocurrency launched in 2017. BIS has a current supply of 35.72M with 0 in circulation. The last known price of BIS is 0.080852673508 USD and is -0.019920173617 over the last 24 hours. It is currently trading on active market(s) with $6.26 traded over the last 24 hours. More information can be found at https://bismuthplatform.com/.

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BIS Price Statistics
BIS’s Price Today
24h Price Change
-$0.01992017361719.77%
24h Volume
$6.268.33%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#8481
BIS Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.89M
BIS Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BIS Supply
Circulating Supply
0
Total Supply
35.72M
Max Supply
0
Updated Nov 13, 2024 4:07 pm
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BIS
Bismuth
$0.080852673508
$0.019920173617(-19.77%)
Mkt Cap $0
There's nothing here for now
BIS Study Explores Borrower Behavior in DeFi and Its Impact on Collateralized Borrowing Platforms
BIS Study Explores Borrower Behavior in DeFi and Its Impact on Collateralized Borrowing Platforms
According to CoinDesk, a study by the Bank for International Settlements (BIS) has found that the behavior of borrowers in decentralized finance (DeFi) is crucial when considering the design of collateralized borrowing platforms with emerging tokenized assets. The authors of the study claim to be the first to document individual DeFi wallets' leverage, which is relevant to understanding financial stability concerns. Financial institutions worldwide are increasingly experimenting with tokenizing traditional assets such as bonds and securities. The workings of DeFi lending platforms offer useful insight into the risks associated with tokenization and the potential disruption of traditional finance, according to the technical study by the central bank group. The study found that DeFi borrowers generally avoid leveraging too much, as they face substantial losses upon automatic liquidation, where collateral is automatically sold when borrowers' positions become too risky. Borrowers take a conservative approach with a sizeable buffer, and DeFi users tend to deposit more if they have higher past returns. The study's authors, Lioba Heimbach and Wenqian Huang, conducted the study using data from the Ethereum blockchain, focusing on lending resilience and strategic substitution behavior. The BIS has been exploring the DeFi space for some time, working with the central banks of France, Singapore, and Switzerland to successfully test cross-border trading of wholesale central bank digital currencies and DeFi elements, specifically automated market makers. In 2022, two BIS papers said that DeFi could lead to bumpier financial markets and may not fix the problem of large intermediaries dominating. The latest study was conducted between January 2021 and March 2023 to specifically look at the largely unexplored 'intricacies of user behavior and pool dynamics within DeFi lending.' The importance of conducting the study was based on the recognition that DeFi protocols have been facilitating collateralized borrowing on an 'economically significant scale' with highs of over $35 billion in deposits and $25 billion in outstanding debt, the study said.
Mar 14, 2024 6:51 pm

Frequently Asked Questions

  • What is the all-time high price of Bismuth (BIS)?

    The all-time high of BIS was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Bismuth (BIS) is 0. The current price of BIS is down 0% from its all-time high.

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  • How much Bismuth (BIS) is there in circulation?

    As of , there is currently 0 BIS in circulation. BIS has a maximum supply of 0.

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  • What is the market cap of Bismuth (BIS)?

    The current market cap of BIS is 0. It is calculated by multiplying the current supply of BIS by its real-time market price of 0.080852673508.

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  • What is the all-time low price of Bismuth (BIS)?

    The all-time low of BIS was 0 , from which the coin is now up 0%. The all-time low price of Bismuth (BIS) is 0. The current price of BIS is up 0% from its all-time low.

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  • Is Bismuth (BIS) a good investment?

    Bismuth (BIS) has a market capitalization of $0 and is ranked #8481 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Bismuth (BIS) price trends and patterns to find the best time to purchase BIS.

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