-
Bitcoin $114200
0.00% - Ethereum
$3637
0.56% - XRP
$2.950
-2.01% - Tether USDt
$0.9999
0.02% - BNB
$761.0
0.55% - Solana
$164.1
-1.38% - USDC
$0.9999
0.02% - TRON
$0.3332
0.36% - Dogecoin
$0.2012
-0.52% - Cardano
$0.7261
-1.41% - Hyperliquid
$37.62
-2.13% - Stellar
$0.3930
-2.65% - Sui
$3.441
-0.16% - Bitcoin Cash
$563.8
0.70% - Chainlink
$16.50
0.09% - Hedera
$0.2424
-0.14% - Ethena USDe
$1.001
0.01% - Avalanche
$22.20
0.00% - Litecoin
$118.0
-2.48% - UNUS SED LEO
$8.991
0.12% - Toncoin
$3.195
-3.87% - Shiba Inu
$0.00001217
0.12% - Uniswap
$9.674
-0.21% - Polkadot
$3.633
1.00% - Monero
$295.3
-0.82% - Dai
$0.9999
0.00% - Bitget Token
$4.321
-0.41% - Cronos
$0.1392
0.73% - Pepe
$0.00001027
-0.89% - Aave
$258.5
0.32%
What currency is SSV? What does SSV coin mean?
As the native token of the Shiden Network, SSV plays a vital role in its governance, allowing holders to shape the platform's development and secure its stability through staking.
Oct 08, 2024 at 12:00 am
What is the SSV Currency?
Definition:
- SSV stands for "Shiden Network's Native Token."
- It is the native utility and governance token of the Shiden Network, a Layer 1 blockchain platform for smart contracts.
Purpose and Functionality:
SSV is primarily used for:
- Network transactions and fees.
- Governance: Holders can vote on proposals to shape the network's development.
- Staking: Used to secure the network and earn rewards.
Tokenomics:
- Total Supply: 100,000,000 SSV
- Initial Distribution: Distributed through community events, private sales, and public offerings.
- Current Market Price (as of March 8, 2023): Approximately $0.10
Significance of SSV:
- SSV is crucial for the operation and governance of the Shiden Network.
- It allows holders to actively participate in network decisions and benefit from rewards.
- It also contributes to the overall stability and security of the platform.
Future Outlook:
- The value of SSV is expected to fluctuate based on the adoption and growth of the Shiden Network.
- As the network gains traction, demand for SSV is likely to increase, driving its price higher.
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.
- EIP-7999: Ethereum's Fee Fixer-Upper – Is This the End of Gas Fee Nightmares?
- 2025-08-06 15:10:22
- Ethereum Withdrawals, Institutional Confidence, and a Potential Price Rally: Decoding the Signals
- 2025-08-06 15:30:12
- Ethereum Reform: EIP-7999 and the Quest for Fee-less Crypto?
- 2025-08-06 15:30:12
- XRP, MAGACOIN FINANCE, and Ethereum: What's Hot in the Crypto World?
- 2025-08-06 15:35:12
- Unilabs, Ethereum, and Dogecoin: Navigating the Crypto Landscape
- 2025-08-06 15:35:12
- ETH, BTC, XRP: Navigating Crypto Volatility and Spotting the Next Big Thing
- 2025-08-06 15:40:11
Related knowledge
Understanding the composition of a liquid staking token's yield
Jul 20,2025 at 09:07am
What Is a Liquid Staking Token?A liquid staking token is a representative asset issued to users who stake their native cryptocurrency on a proof-of-st...
Is it better to stake directly or use a liquid staking service?
Jul 22,2025 at 08:21pm
Understanding the Basics of StakingStaking in the context of blockchain and cryptocurrency refers to the process of locking up digital assets to suppo...
What to do during an LST depeg event
Jul 20,2025 at 04:57pm
Understanding LST Depeg EventsAn LST (Liquid Staking Token) depeg event occurs when the token, which is typically pegged to the value of the underlyin...
How to find new liquid staking projects
Jul 30,2025 at 01:14pm
Understanding Liquid Staking and Its ImportanceLiquid staking is a mechanism that allows users to stake their cryptocurrency assets while still mainta...
Can you provide liquidity with liquid staking tokens?
Jul 22,2025 at 10:22am
Understanding Liquid Staking TokensLiquid staking tokens (LSTs) are derivative tokens that represent staked assets on a proof-of-stake (PoS) blockchai...
What are the best wallets for storing LSTs?
Jul 21,2025 at 03:14pm
Understanding LSTs and the Need for Secure StorageLSTs, or Liquid Staking Tokens, are derivative tokens representing staked assets on a blockchain. Wh...
Understanding the composition of a liquid staking token's yield
Jul 20,2025 at 09:07am
What Is a Liquid Staking Token?A liquid staking token is a representative asset issued to users who stake their native cryptocurrency on a proof-of-st...
Is it better to stake directly or use a liquid staking service?
Jul 22,2025 at 08:21pm
Understanding the Basics of StakingStaking in the context of blockchain and cryptocurrency refers to the process of locking up digital assets to suppo...
What to do during an LST depeg event
Jul 20,2025 at 04:57pm
Understanding LST Depeg EventsAn LST (Liquid Staking Token) depeg event occurs when the token, which is typically pegged to the value of the underlyin...
How to find new liquid staking projects
Jul 30,2025 at 01:14pm
Understanding Liquid Staking and Its ImportanceLiquid staking is a mechanism that allows users to stake their cryptocurrency assets while still mainta...
Can you provide liquidity with liquid staking tokens?
Jul 22,2025 at 10:22am
Understanding Liquid Staking TokensLiquid staking tokens (LSTs) are derivative tokens that represent staked assets on a proof-of-stake (PoS) blockchai...
What are the best wallets for storing LSTs?
Jul 21,2025 at 03:14pm
Understanding LSTs and the Need for Secure StorageLSTs, or Liquid Staking Tokens, are derivative tokens representing staked assets on a blockchain. Wh...
See all articles
