CryptoCurrencies
17522
Exchanges
500
Total Market Cap
3,474,562,461,270
Volume 24h
154,272,159,819
Dominance
BTC 61.41%   ETH 8.39%   USDT 4.51%   XRP 3.70%

Averra Finance
AVR

45.07
$
5.91 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 9729.7
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.