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Param PARAM
PARAM
0.008555
$
2.51 %
Change 24h
Market Cap
$ 2,215,669
Volume 24h
$ 8,557,828
Circulating Supply
259,000,000
Total Supply
2,000,000,000
PARAM
$
Description
Param Token ($PARAM) powers a modular, interconnected Web3 gaming ecosystem developed by Param Labs. As the central utility token, $PARAM facilitates governance, ecosystem revenue sharing, and practical utility across the network. It serves as a payment method within the ecosystem, for example in Wager Matches, and is also used for gas fees across Param's network layers. Token holders benefit from exclusive discounts, staking rewards, and a voice in governance through a democratic voting mechanism. The token economics are designed to sustainably support and enhance the ecosystem's value, with a deflationary mechanism to promote long-term value appreciation. The ecosystem is geared towards revolutionizing gaming experiences by leveraging AI and blockchain technologies, uniting unique IPs within a vast gaming ecosystem.