CryptoCurrencies
14024
Exchanges
500
Total Market Cap
2,571,041,720,040
Volume 24h
114,333,209,364
Dominance
BTC 50.86%   ETH 15.31%   USDT 4.28%   BNB 3.62%

Cogent SOL
CGNTSOL

171.87
$
6.98 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 864.48
Total Supply
10,932
CGNTSOL
$
# Exchange Pair Price Volume 24h

Description

cgntSOL is a tokenized representation of a stake account delegated to the Cogent Crypto validator. It uses the audited spl stakepool program (https://spl.solana.com/stake-pool) to implement this representation. After each epoch, cgntSOL’s underlying stake accounts increase in value and subsequently the amount of SOL each cgntSOL represents increases. With tokenized stake accounts, e.g. cgntSOL, you can use almost any Solana program while holding onto an asset that is increasing value relative to SOL.