CryptoCurrencies
18480
Exchanges
500
Total Market Cap
4,032,732,260,442
Volume 24h
157,955,724,878
Dominance
BTC 53.60%   ETH 13.02%   USDT 4.16%   XRP 4.14%

Averra Finance
AVR

1.210
$
8.96 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 689.89
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.