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Centrifuge CFG
CFG
0.4863
$
4.51 %
Change 24h
Market Cap
$ 246,844,406
Volume 24h
$ 4,359,415
Circulating Supply
507,117,581
Total Supply
447,006,951
Explorers
Social
CFG
$
1D
7D
1M
3M
6M
1Y
All
| # | 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.