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Centrifuge CFG
CFG
0.4219
$
3.11 %
Change 24h
Market Cap
$ 213,344,559
Volume 24h
$ 975,893
Circulating Supply
505,632,714
Total Supply
447,006,951
CFG
$
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.