CryptoCurrencies
17659
Exchanges
500
Total Market Cap
3,962,799,377,192
Volume 24h
342,858,086,300
Dominance
BTC 59.42%   ETH 9.64%   XRP 4.39%   USDT 4.04%

Averra Finance
AVR

16.59
$
23.52 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 11,672
Total Supply
15,000,000
AVR
$
# Exchange Pair Price Volume 24h

Description

Averra Finance is a decentralized finance (DeFi) project designed to provide passive income through an auto-compounding token model. Operating on the Polygon network, it offers a fixed maximum supply of 15 million tokens, ensuring controlled inflation. The protocol automatically mints new tokens at a rate of 0.4% every 12 hours, which are directly distributed to holders without the need for staking or manual claiming. This mechanism incentivizes long-term holding and participation in the ecosystem. Averra Finance supports multi-chain interoperability, including Ethereum, BNB Chain, and Polygon, enhancing scalability and flexibility. The project emphasizes decentralized governance, planning to implement community-driven decision-making processes. With features like a hard-capped supply, automatic rewards, and a focus on community engagement, Averra Finance aims to offer a sustainable and user-friendly DeFi experience.