Centrifuge [OLD]
Centrifuge [OLD] Basic Information
Symbol: CFG
Price: $0.16929900
Volume: $425,554
Market Cap: $92,630,860
Fully Diluted Value: 95,781,228
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 565,631,221
Type: Real World Assets (RWA)
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Learn more about Centrifuge [OLD]
The centrifuge token model powers centrifuge, providing the framework needed to run the platform without reliance on a single point of failure, including the centrifuge team or Company, and to accelerate its utility. To accomplish this, centrifuge leverages the cryptoeconomic primitives of a native token called the centrifuge token (cfg), a nominated-proof-of-stake consensus algorithm that employs centrifuge to stake value, rewards for centrifuge adoption, and an on-chain governance mechanism that empowers centrifuge holders to guide the development of centrifuge.