CryptoCurrencies
17039
Exchanges
500
Total Market Cap
3,616,074,549,822
Volume 24h
258,535,757,454
Dominance
BTC 59.68%   ETH 8.54%   USDT 4.22%   XRP 3.81%

Centrifuge
CFG

0.2428
$
13.09 %
Change 24h
Market Cap
$ 133,059,429
Volume 24h
$ 3,802,716
Circulating Supply
546,373,026
Total Supply
447,006,951
CFG
$
# Exchange Pair Price Volume 24h

Description

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.