Centrifuge
CFG

0.2020
$
5.07 %
Change 24h
Market Cap
$ 72,857,577
Volume 24h
$ 294,818
Circulating Supply
360,263,043
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.