Centrifuge CFG
CFG
0.3505
$
2.69 %
Change 24h
Market Cap
$ 175,975,773
Volume 24h
$ 1,162,904
Circulating Supply
501,898,660
Total Supply
447,006,951
CFG
$
# | Exchange | Pair | Price | Volume 24h |
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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.