CryptoCurrencies
13905
Exchanges
500
Total Market Cap
2,386,007,483,054
Volume 24h
207,514,195,835
Dominance
BTC 51.68%   ETH 15.26%   USDT 4.54%   BNB 3.49%

Centrifuge
CFG

0.7149
$
10.21 %
Change 24h
Market Cap
$ 350,481,090
Volume 24h
$ 1,904,803
Circulating Supply
491,050,187
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.