Mithril Share V1 Price

Mithril Share V1 is a decentralized cryptocurrency token operating on the Ethereum blockchain. It serves as the governance and utility token for the Mithril Cash protocol, which aims to provide algorithmic stablecoin solutions. Mithril Share V1 holders play a crucial role in the system by providing liquidity and guiding protocol development. The token has a total supply of 1M MIS with a current circulating supply of 1.64K MIS. As of 2025-09-28, Mithril Share V1 is trading at $0.1084 with a 24-hour trading volume of $18.52K. The token reached its all-time high of $3,301.53 on January 3, 2021, and its all-time low of $0.09388 on May 4, 2025. Mithril Share V1 can be traded on decentralized exchanges and used within the Mithril Cash ecosystem for governance voting, liquidity provision, and earning rewards.

Mithril Share V1 was created on December 30, 2020. It was launched on the Ethereum blockchain as an ERC-20 token. The project aims to provide a decentralized financial protocol for yield farming and liquidity provision. Since its creation, Mithril Share V1 has become part of the growing DeFi ecosystem, offering users opportunities to earn rewards through various mechanisms within its protocol.

The founders of Mithril Share V1 (MIS) are not publicly disclosed. Mithril Share V1 was launched as a decentralized finance (DeFi) protocol on the Ethereum blockchain in December 2020. The project aims to provide a seigniorage-based stablecoin system. While the specific individuals behind Mithril Share V1 remain anonymous, the protocol is governed by MIS token holders who can participate in decision-making through on-chain voting. The team behind Mithril Share V1 maintains communication with the community primarily through their official Twitter account and Discord channel.

Mithril Share V1 operates as a decentralized finance (DeFi) protocol on the Ethereum blockchain. It utilizes smart contracts to enable yield farming and seigniorage mechanisms. MIS token holders provide liquidity and governance to the protocol, receiving newly minted tokens as rewards. The system aims to maintain price stability through algorithmic supply adjustments. With a current price of $0.1084 and 24-hour trading volume of $18.52K, Mithril Share V1 has a market cap of $178.77. The total supply is capped at 1M MIS tokens, with 1.64K MIS currently in circulation. Mithril Share V1 can be traded on decentralized exchanges and used within the protocol's ecosystem for staking, governance voting, and accessing DeFi services. The project continues to develop new features and expand its utility within the broader Ethereum DeFi landscape.

Mithril Share V1 utilizes a dual-token system architecture: 1. MIS tokens: The governance and value accrual token of the protocol. 2. CASH tokens: An algorithmic stablecoin pegged to $1. The system employs smart contracts on Ethereum to manage token minting, burning, and exchanges. Key components include: - Bonding curve: Determines MIS price based on supply and demand - Stability mechanism: Adjusts CASH supply to maintain peg - Liquidity pools: Enable swaps between MIS, CASH and ETH - Governance module: Allows MIS holders to vote on protocol changes The protocol uses oracles to fetch external price data and an algorithmic controller to execute monetary policy. This architecture aims to create a decentralized, scalable monetary system with MIS as the reserve asset backing CASH.

Mithril Share V1 has an ambitious roadmap for the future. Key milestones include: 2025: Expanding ecosystem partnerships and integrations 2026: Launching new DeFi products and yield farming opportunities 2027: Implementing major protocol upgrades to improve scalability 2030: Achieving full decentralization of governance The team is focused on driving adoption and utility. They aim to position Mithril Share V1 as a leading DeFi protocol in the Ethereum ecosystem. Price predictions suggest potential growth: 2026: $0.1263 2030: $0.1824 2035: -- While ambitious, these targets reflect the team's confidence in Mithril Share V1's technology and market potential. Ongoing development and partnerships will be key to realizing this vision.