-
Bitcoin $94,142.8920
-1.79% - Ethereum
$1,797.2581
-2.13% - Tether USDt
$1.0000
-0.03% - XRP
$2.1512
-2.12% - BNB
$588.5006
-1.89% - Solana
$144.9618
-0.82% - USDC
$1.0000
0.02% - Dogecoin
$0.1707
-2.98% - Cardano
$0.6746
-3.84% - TRON
$0.2491
0.70% - Sui
$3.2917
0.91% - Chainlink
$13.9152
-2.18% - UNUS SED LEO
$9.0669
0.94% - Avalanche
$20.0278
-1.59% - Stellar
$0.2657
-1.40% - Shiba Inu
$0.0...01284
-2.04% - Toncoin
$3.0214
-1.99% - Hedera
$0.1753
-3.42% - Bitcoin Cash
$355.8722
-2.34% - Hyperliquid
$20.3737
-0.82% - Litecoin
$86.3865
0.02% - Polkadot
$3.9846
-0.80% - Dai
$1.0000
0.00% - Monero
$278.5272
2.74% - Bitget Token
$4.2913
-1.59% - Ethena USDe
$1.0004
-0.01% - Pi
$0.5873
-0.74% - Pepe
$0.0...08242
1.15% - Aptos
$5.1738
0.04% - Uniswap
$5.0210
-1.14%
What is the circulation amount of Centrifuge(CFG) coins?
The circulating supply of Centrifuge (CFG) coins is about 670 million, representing 67% of the total supply.
Dec 07, 2024 at 10:03 pm
What is the Circulation Amount of Centrifuge(CFG) Coins?
Centrifuge is a decentralized lending platform that allows users to borrow and lend crypto assets. The platform is powered by the CFG token, which is used to pay for transaction fees and to participate in the platform's governance.
Circulation Supply
The circulating supply of CFG tokens is approximately 670 million. This represents about 67% of the total supply of CFG tokens, which is 1 billion. The remaining 33% of CFG tokens are held in reserve by the Centrifuge team.
Token Distribution
The CFG tokens were distributed through a series of token sales. The first sale was held in 2018 and raised $30 million. The second sale was held in 2019 and raised $17 million. The third and final sale was held in 2020 and raised $23 million.
Token Use Cases
CFG tokens are used to pay for transaction fees on the Centrifuge platform. They are also used to participate in the platform's governance. CFG token holders can vote on proposals to change the platform's parameters and to add new features.
Token Value
The value of CFG tokens is determined by supply and demand. The price of CFG tokens has fluctuated significantly since the platform's launch. However, the price has generally trended upwards over time.
Factors Affecting Token Value
The value of CFG tokens is affected by a number of factors, including:
- The demand for the Centrifuge platform
- The supply of CFG tokens
- The overall cryptocurrency market conditions
- The performance of the Centrifuge team
- The development of new features and partnerships
Conclusion
The circulation amount of CFG coins is approximately 670 million. The tokens are used to pay for transaction fees and to participate in the platform's governance. The value of CFG tokens is determined by supply and demand and is influenced by a number of factors.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- DOGE price analysis: Targeting 0.1755 - 0.1815 on rebound
- 2025-05-05 09:50:12
- Ondo Gains on Sentiment, Sei’s Deal Sparks Buzz, While Web3 ai’s 1,747% ROI Potential Gets Real Attention from Traders
- 2025-05-05 09:50:12
- Bitcoin (BTC) Is at a Pivotal Moment, Trading at a Critical Support Level of $91,200
- 2025-05-05 09:46:12
- As the cryptocurrency market heats up, seasoned investors are eyeing the next big winner with the potential for explosive returns.
- 2025-05-05 09:46:12
- Justin Sun's TRON Upgrade Met with Enthusiasm, but Hack Overshadows the Event
- 2025-05-05 09:44:56
- Will Binance Coin (BNB) Reach the Coveted $1,000 Mark in the Near Future?
- 2025-05-05 09:44:56
Related knowledge
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
See all articles
