Agoric BLD

1. Summary

Ranks

Liquidity

86

Developer

95

Social

82

Momentum (beta)

40

Stack Rank™

69

Price

$0.07 +0.9%

Market Cap

$43.18M (#641)

Supply

653.75M / 1.07B

Tags

Smart Contracts Cosmos Ecosystem Layer 1 (L1) Osmosis Ecosystem

More Metrics

Price
52W High price	$0.29
52W High date	14th Apr 2023 (1 year ago)
All Time High (ATH) Date	30th Aug 2022 (1 year ago)
ATH Price	$0.75
% From ATH	-79.77%
All Time Low (ATL) Date	21st Oct 2023 (9 months ago)
ATL Price	$0.08
% From ATL	92.76%

Supply & Trading Volume
Trading Volume (24h)	$198,552.00
Total Supply	1.07B
Circulating Supply	653.75M

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Description

Agoric is a Proof-of-Stake blockchain that utilizes secure JavaScript smart contracts to rapidly build and deploy decentralized financial (DeFi) solutions. It features two native tokens: BLD, the staking token, and IST, the stablecoin. The Agoric chain's interoperable design allows it to bridge blockchains, enhancing usability and facilitating the...

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Agoric is a Proof-of-Stake blockchain that utilizes secure JavaScript smart contracts to rapidly build and deploy decentralized financial (DeFi) solutions. It features two native tokens: BLD, the staking token, and IST, the stablecoin. The Agoric chain's interoperable design allows it to bridge blockchains, enhancing usability and facilitating the migration of web2 developers to build web3 dApps.

Key Features

• The Agoric network employs a Proof-of-Stake consensus mechanism, where validators are chosen based on the number of staked BLD tokens they hold, to secure the blockchain and validate transactions.
• The chain offers infrastructure support through integrations with other blockchain ecosystems, such as Cosmos and its decentralized application platform called the Inter Protocol.
• The Inter Protocol allows for staking and lending on the Agoric network, with BLD holders able to act as validators and earn staking rewards without liquidation risk.
• The use of JavaScript as the default programming language makes the platform more accessible to a wider range of developers.

Utilizing the Agoric Network

• Holders of BLD tokens can stake their tokens, participate in governance, and earn staking rewards.
• Developers can easily build and deploy dApps using the Agoric library of reusable DeFi components.
• Users can maintain full custody of their tokens when delegating to validators like Finoa Consensus Services, which enforces punishments through slashing to ensure validators follow the protocol rules.
• Agoric aims to increase the total supply of tokens through inflationary rewards, set at a rate of 5% per year.

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