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About 42DAO

42DAO is a DAO focused on enhancing the DeFi ecosystem through an innovative stablecoin BLC (Balance Coin), promotes seamless transactions within DeFi applications, enabling community governance to drive projects that meet the evolving needs of the blockchain industry. 42DAO operates as the governance entity for the Balance Protocol, and the BCH Ecosystem Fund is one of the founding members of 42DAO, which endorse and back 42DAO with full supports, including funds, resources, and strategic cooperation. Its goal is to bring persistent vigor and innovative attraction to BCH, thereby enhancing its fundamental stability. 42DAO is the central governing body of the Balance Protocol, a pioneering DeFi protocol that offers a USD-pegged stablecoin, Balance Coin (BLC). Acting as the foundation for the Balance Protocol's stability and growth, 42DAO fosters a collaborative environment where key decisions are made through community voting. FTD token holders, the lifeblood of 42DAO, have the exclusive right to participate in these votes, shaping the future direction of the Balance Protocol.

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6/6/2025, 2:37:34 AM

Market Stats

Market Cap

$2.63M

-5.94%

FDV

$16.31M

Circ. Supply

16M FTD

Max Supply

100M FTD

Total Supply

100M FTD

Diluted Valuation

$16.31M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$13.15K

91.7%

Volume (7D)

$93.20K

Volume (30D)

$388.71K

All time high

$4.13

Price Change (1Y)

-94.91%

Additional info about 42DAO

Recent trends

The latest FTD price is $0.16. Compared to 42DAO's value of $0.17 from 24 hours ago, there's been a -7% decrease, while the current price is -35% down from $0.25 which was recorded one week ago. 42DAO's all time high is $4.13, which was reached on November 21, 2024. This is a -96% change from its price today.

The current circulating supply of 42DAO is 16,100,000. This is 16% of its max supply of 100,000,000 FTD and 16% of its total supply of 100,000,000. The market cap is currently $2.63M, which is a result of multiplying the current price of 42DAO($0.16) by the total supply(100,000,000 FTD). The fully diluted valuation of 42DAO is $16.31M. The diluted valuation of 42DAO is $16.31M.

Market details

FTD vs markets

↘ 95.86%

FTD vs BTC

↘ 96.53%

FTD vs ETH

↘ 92.22%

Tags

memes

Network & Addresses

Network
Address

BNB Smart Chain

0x653062e37D7A52d465A8570a5daA46cA4e0Bd3d9

Price history

Time
Price
Change
Today
$0.16
↘ 6.53%
1 Day
$0.17
↘ 6.53%
1 Week
$0.25
↘ 35.45%
1 Month
$0.29
↘ 44.69%
1 Year
$3.20
↘ 94.91%

FAQ

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