CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,420,334,406,213
Volume 24h
225,747,462,699
Dominance
BTC 60.21%   ETH 8.86%   USDT 4.48%   XRP 3.62%

Centrifuge
CFG

0.1811
$
13.41 %
Change 24h
Market Cap
$ 99,050,638
Volume 24h
$ 586,873
Circulating Supply
546,750,503
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.