CryptoCurrencies
115
Exchanges
484
Total Market Cap
823,630,693,309
Volume 24h
86,764,025,255
Dominance
BTC 38.45%   ETH 17.67%   USDT 7.94%   BNB 5.99%

Centrifuge
CFG

0.2156
$
1.41 %
Change 24h
Market Cap
$ 74,729,898
Volume 24h
$ 220,616
Circulating Supply
346,613,953
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.