CryptoCurrencies
14889
Exchanges
500
Total Market Cap
2,539,708,602,361
Volume 24h
136,303,809,390
Dominance
BTC 52.77%   ETH 15.52%   USDT 4.50%   BNB 3.52%

Centrifuge
CFG

0.4859
$
2.82 %
Change 24h
Market Cap
$ 241,332,345
Volume 24h
$ 331,052
Circulating Supply
496,565,860
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.