Float Protocol

• Decentralised crypto-native floating currency and unit of account (FLOAT)

FLOAT

• Low beta ETH
• Doesn't suffer from sudden drawdowns or spikes
• Long term market tracking
• Protection against prolonged ETH/market downturns by constant/increased demand for FLOAT
• No Protocol collapse scenario like typical stablecoins as FLOAT isn’t chasing a fixed peg.

BANK

• Absorbs any ETH price jumps
• Captures anti-USD sentiment
• Captures anti-centralised stablecoin sentiment.