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This is the price performance of Siphon Finance (SPHN). It shows the percentage gains and losses for each time period.
An overview showing the statistics of Siphon Finance, such as the base and quote currency, the rank, and trading volume.
|Price to USD||$ --|
|Price to BTC||-- BTC|
|24h volume ||$ --||Low volume|
|Market cap ||$ --|
|Volume / Market cap ||--||Low|
|Fully diluted market cap ||$ --|
|All-time high (daily avg.) ||$ 0.7055||on 11/6/2021|
View the total and circulating supply of Siphon Finance, including details on how the supplies are calculated.
|Total supply ||100,000.00 SPHN|
Siphon Finance works by creating a “liquidity siphon” on a yield aggregator platform by using the yield of high apy vaults to buyback tokens and lock liquidity on a bi-weekly basis.
Siphon funds are being used to provide liquidity to solid projects with high yield, that yield would be collected from the vault bi-weekly to allow 2 weeks of compounding and maximize siphoned funds.
Part of the funds will be automaticly add to liquidity, part will be burned, part will be paid to NFT holders as dividend and part to the treasury and dev walllet to sustain the projects growth.
Siphons token SPHN is the governance token for the siphon protocol and its related funds, it is used to control all percentages and to decide on future funds and siphons, it is also the key to access the earning opportunities on the platform including staking for tokens / coins and also receiving protocol dividends at Siphons NFT pools.
As SPHN holders you are able to take part on the NFT dividend pools , each Siphon pays out on a bi weekly base, 20% goes to the NFT dividend pool and will be divided over the investors in there.
It requires 100 SPHN to be able to join the pool and mint the NFT, but with limited spaces.
The top crypto exchanges that have Siphon Finance available for trading, ranked by 24h trading volume and the current price.
Edit or add information about Siphon Finance (SPHN).