What is PLEDGE FINANCE(PLG)?

Basic information about PLG

Coin name:

Pledge Finance

Coin symbol:

Coin introduction:

Pledge Finance is an overcollateralized lending protocol on Robinhood Chain, an Arbitrum Orbit Layer 2 used for tokenized real-world assets. Users deposit approved tokenized equities and ETFs into isolated vaults and borrow USDG, a U.S. dollar stablecoin issued by Paxos on that chain, without selling the pledged shares. Each vault tracks one collateral asset and one USDG debt balance. Borrowing is capped by an asset-specific loan-to-value (LTV) ratio; a health factor below 1.0 makes the position eligible for liquidation. Core modules include a vault manager for deposit, borrow, repay, and withdraw; a Stability Pool that covers liquidated debt and receives collateral at a discount; a Surplus Buffer that collects origination and stability fees; oracle pricing; staking; and an application for liquidations and protocol analytics. On Robinhood Chain Testnet (chain ID 46630), these flows run against mock equity tokens and mock USDG so that vault, pool, and staking behavior can be tested before a mainnet deployment.

Current Price:

$0.000101More coin details

All-time high:

$0.000303

All-time low:

$0.000055

PLG Supply Info and Tokenomics

Circulating supply:

999,206,311

Total supply:

1,000,000,000

Max supply:

1,000,000,000

Market cap:

$101.11K

Fully diluted valuation:

$101.19K

What is the outlook and future value of PLG?

The current market cap of PLG is $101.11K, ranked 6331 in the market, showing that the market already recognizes the value of PLG. When a bull market arrives, the market cap of PLG may continue to grow.

Moreover, if PLG can play a greater role in real-world applications—such as if the Monero developers can fully empower PLG and establish partnerships with more business partners to expand its user base—then the long-term value of PLG will be further enhanced.

What is the price of PLG in 2027?

According to the historical price performance prediction model of PLG, the price of PLG is expected to reach $0.000106 at 2027.

Note: As with any crypto investment, investors should closely monitor PLG’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get PLG?

Purchasing PLG with cash is not the only way to obtain PLG. If you have enough time, you can get PLG for free.

Learn how to get Hot rewards for free with PLG.

Earn free PLG by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get PLG airdrops for free.

All crypto airdrops and rewards can be exchanged for PLG through LBank spot trading.

Buy PLG starting from $1

What is PLG used for and how to use it?

The use cases for PLG may grow with the development of the crypto market and project progress. Currently, you can use PLG to:

Arbitrage trading of PLG

PLG is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many PLG trading pairs to suit your needs.

Earn yield with PLG

You can also lend out PLG or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your PLG gains.

Send or pay with PLG

If you want to pay someone with PLG, you can easily and quickly send PLG to them using their receiving address.

You can also visit the official website of Pledge Finance to learn more use cases of PLG, such as whether the Pledge Finance project supports community/eco apps or buying physical or virtual goods with PLG.