Governance xALGO PriceXALGO
Rank #9904
About Governance xALGO (XALGO)
Contract
0x0034719...7301f0941
Explorers
bscscan.com
Website
folks.finance
Community
What is xALGO?
xALGO is an interest-bearing asset that brings Algorand governance yield to other chains, allowing for a continuous governance commitment without periodic burning. Thanks to its interest-bearing nature, xALGO is the perfect fit for bridging Algorand Governance to other chains.
What makes your project unique?
- xALGO users get Algorand Governance rewards without needing to vote or periodically commit, as the voting power is delegated to Algo Liquid Governors, and the locked ALGOs are automatically recommitted by Folks Finance smart contracts.
- xALGO value grows in value over time due to its interest-bearing structure.
- Users can provide liquidity to DEXs’ liquidity pools and get trading fees.
What is Folks Finance?
Folks Finance is a non-custodial DeFi protocol providing financial tools for digital assets. Smart-contract technology empowers Folks Finance to offer advanced strategies while eliminating risks of centralized interference. Users can deposit assets to earn yield, as well as use their deposits as collateral for loans. Implementing the Folks Router aggregator enables native swaps on the protocol and composability with the other operations. Flash loans give developers the keys to deep liquidity. Algo Liquid Governance and Cross-chain Algo Liquid Governance provides the most efficient method of participating in Algorand Governance through gALGO and xALGO, whose use cases continue to expand rapidly.
FAQ
What does it mean for a wrapped token to "depeg" from its underlying asset?
When a wrapped token "de-pegs" from its underlying asset, it means that the market value of the wrapped token has deviated from the value of the underlying asset. Ideally, a wrapped token is intended to be maintained at a predefined ratio with its underlying asset. However, external factors such as market fear, uncertainty, and doubt (FUD) can cause the wrapped token's value to fluctuate independently.
What is the ratio of xALGO to Algo?
The rat
Governance xALGO (XALGO) Price Trends
24H High$0.1809
24H Low$0.1809
24H Volume$133.99
Market Cap
--All-Time High(ATH)$0.3673
Circulating Supply
-- XALGOAll-Time Low(ATL)$0.08945
Total Supply
4.88M XALGOMarket Cap/FDV
--Max Supply
10.00B XALGOFully Diluted Valuation
$1.80BMarket SentimentNeutral
Live Governance xALGO (XALGO) Price Update
Governance xALGO price today is $0.1809 with a 24-hour trading volume of $133.99, and as such Governance xALGO has a market cap of --, giving it a market dominance of 0.000026%. The Governance xALGO price moved 0.00% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | +$0.0001988 | +0.11% |
24H | -- | 0.00% |
7D | -- | 0.00% |
30D | -- | 0.00% |
1Y | -- | 0.00% |
XALGO to USD | $0.18 USD |
XALGO to EUR | €0.16 EUR |
XALGO to INR | ₹15.12 INR |
XALGO to IDR | Rp2744.90 IDR |
XALGO to CAD | $0.25 CAD |
XALGO to GBP | £0.14 GBP |
XALGO to THB | ฿5.97 THB |
XALGO to RUB | ₽16.72 RUB |
XALGO to BRL | R$0.98 BRL |
XALGO to AED | د.إ0.66 AED |
XALGO to TRY | ₺6.18 TRY |
XALGO to CNY | ¥1.28 CNY |
XALGO to JPY | ¥26.06 JPY |
XALGO to HKD | $1.41 HKD |