Centrifuge
CFG

0.3134
$
0.92 %
Change 24h
Market Cap
$ 99,596,500
Volume 24h
$ 324,383
Circulating Supply
317,625,000
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.