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.
0.16
81,625,265.00
1,503,661.00
-8.86
564,510,172.00
525,102,513.00
2.19
0.10
0.17
0.16
2021-10-15
2025-04-07
569
87,751,041.00