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This is the price performance of Swerve DAO Token (SWRV). It shows the percentage gains and losses for each time period.
An overview showing the statistics of Swerve DAO Token, such as the base and quote currency, the rank, and trading volume.
|Price to USD||$ 0.0799|
|Price to BTC||0.0000049 BTC|
|24h volume ||$ 305,455|
|Market cap ||$ 1.41 million|
|Volume / Market cap ||0.2173|
|Fully diluted market cap ||$ 1.60 million|
|All-time high (daily avg.) ||$ 3.26||on 4/11/2021|
View the total and circulating supply of Swerve DAO Token, including details on how the supplies are calculated.
||17.59 million SWRV|
||-2.41 million SWRV|
|Total supply ||20.00 million SWRV|
Swerve’s native token is called Swerve token (SWRV) and it is supplied to the community without a reserve for founders or the team. SWRV has a total supply of 33,000,000 tokens, which are unlocked on a yearly basis, with all coins going to liquidity providers.
However, the first distribution of nine million SWRVs occurred 2 weeks after launch. The first year will see liquidity providers receive another 9 million SWRV tokens. The remaining 15 million tokens will then be equally spread over five years at a rate of 3,000,000 tokens per year.
Swerve ($SWRV) is a fork of Curve Finance ($CRV) that is 100% community-owned and governed. Decentralized finance (DeFi) projects came about because of a need to convenient access traditional banking services without centralisation. Some of DeFi’s most controversial areas include governance, pre-mining, and fixed allocation of coins to founders or shareholders of the respective platforms. This has led to DeFi systems being forked to create more transparent products. Swerve is one such fork.
Swerve is a fork of Curve Finance. Curve Finance is a blockchain-based platform that powers the exchange of stablecoins. Its main advantage is the fact that dealing with stablecoins leads to minor slippage, increasing the profit margin for liquidity providers. Curve also has a decentralized autonomous organization (DAO) to enhance distributed governance through voting. Unfortunately, the platform’s founder, Micheal Egorov, holds more than half of the voting power. This led to Swerve’s birth to provide a platform that’s 100% owned by the community.
The top crypto exchanges that have Swerve DAO Token available for trading, ranked by 24h trading volume and the current price.
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