1H
-0.74%$0.0008
24H
11.1%$0.0104
7D
14.4%$0.0131
30D
4.84%$0.0048
The Reverse Convertible Note (RCN) is a hybrid security that combines aspects of debt and equity. The RCN provides the investor with an option to convert their investment into shares in the future, typically upon maturity. This guide will discuss what RCNs are, how they work, and why you should consider investing in them.
DAI stablecoin launched as a result of the need to create a cryptocurrency with a stable value independent from the traditional market. The guide provides details on its functioning and use cases.