Qubit (QBT) is a decentralized money market platform that leverages the blockchain's speed, automation, and security to efficiently and securely connect lenders and borrowers.

According to the whitepaper, Qubit aims to make the currency market a safe commodity for the entire BSC ecosystem. Therefore, Qubit does not charge withdrawal fees that hinder the innovative application of more complex leverage strategies on BSC. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications.

Qubit seeks to promote ecosystem security for BSC. Qubit does this in two ways. First, Qubit does not support flash loans, which removes one of the platform's major sources of insecurity in the entire ecosystem. Second, the Qubit team completely supports vertically integrated code reviews and full-stack audits for all listed projects based on the Qubit platform.

Interest rates for liquidity providers (lenders) and borrowers are calculated based on usage rates. For example, according to the formula, if the utilization rate is A%, the lender gets an interest rate of X%, and the borrower pays an interest rate of Y%.

QBT is a BEP20 token and the governance token of the Qubit protocol. The participation of lenders and borrowers is an important part of the Qubit protocol, and as such, QBT is minted and distributed to all participants in Qubit. 57% of the total QBT supply is allocated to liquidity providers as rewards. Mining can take place over 12 months, with 5% of the total supply paid monthly to liquidity providers.

Qubit is recent in Mound's growing suite of products to increase the PancakeBunny ecosystem. As a yield aggregator, PancakeBunny leverages all the advantages of Qubit to provide a good yield on-chain for single asset liquidity.

The total supply of Qubit tokens is one billion QBT coins.

We update our Qubit to GBP currency in real-time. Get the live price of Qubit on Coinbase.

The current market cap of Qubit is £0.00. A high market cap implies that the asset is highly valued by the market.

The all-time high of Qubit is £0.419. This all-time high is highest price paid for Qubit since it was launched.

Over the last 24 hours, the trading volume of Qubit is £5.494.

Assets that have a similar market cap to Qubit include Kaiken Shiba, Yield Yak, BOHR, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Qubit is 0.