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Siphon Finance

SPHN # 11k
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Live
There is no recent price data for this coin, because we don't see trading activity currently.

Price chart

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Calculator

Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

SPHN - Siphon Finance
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Price performance
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This is the price performance of Siphon Finance (SPHN). It shows the percentage gains and losses for each time period.

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Value statistics

An overview showing the statistics of Siphon Finance, such as the base and quote currency, the rank, and trading volume.

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Price to BTC -- BTC
Rank
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11,003
24h volume
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$ -- Alert icon Low volume
Market cap
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$ --
Volume / Market cap
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-- Alert icon Low
Fully diluted market cap
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$ --
All-time high (daily avg.)
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$ 0.7055 on 11/6/2021

Supply information

View the total and circulating supply of Siphon Finance, including details on how the supplies are calculated.

Alert icon Unverified supply
86.9%
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Updated 1 day ago
Circulating supply
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86,869.44 SPHN
Non-circulating supply
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-13,130.56 SPHN
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Total supply
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100,000.00 SPHN
Issuance blockchain
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What is Siphon Finance

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.
 

Links

Best exchanges to buy Siphon Finance

The top crypto exchanges that have Siphon Finance available for trading, ranked by 24h trading volume and the current price.

Exchange 24h volume
All SPHN exchanges

Markets

A list of the top Siphon Finance markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

Market 24h volume
All SPHN markets
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