CryptoCurrencies
17584
Exchanges
500
Total Market Cap
3,900,956,198,778
Volume 24h
295,204,671,557
Dominance
BTC 60.18%   ETH 9.21%   XRP 4.30%   USDT 4.09%

Centrifuge
CFG

0.2066
$
2.48 %
Change 24h
Market Cap
$ 115,918,162
Volume 24h
$ 187,698
Circulating Supply
560,926,410
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.