Butane Token BTN
1. Summary
- Description
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Project Overview
Project Overview
The Butane Token (BTN) is the governance and fee token of the Butane Protocol, an upcoming decentralized synthetics platform within the Cardano ecosystem.
Key Features
- Governance: BTN holders participate in governance activities, including proposing and reviewing protocol changes using proof-of-stake mechanisms.
- Fees: BTN can be used to pay interest on collateral positions at a discounted rate.
- Liquidity Farming: BTN incentivizes liquidity provision by rewarding users for providing liquidity in decentralized exchanges.
Project Goals
- Accessibility: The Butane Protocol aims for openness and accessibility by avoiding complex requirements that often hinder user participation in traditional financial systems.
- Inclusivity: The platform seeks to promote a more inclusive financial environment by offering diverse synthetic assets pegged to real-world equivalents, such as BTC, USD, and the Nasdaq Composite index.
- Governance and Development: The project fosters a collaborative environment where community feedback drives decision-making processes and development initiatives.
| Price | |
| 52W High price | $0.75 |
| 52W High date | 9th Apr 2024 (7 months ago) |
| All Time High (ATH) Date | 9th Apr 2024 (7 months ago) |
| ATH Price | $0.81 |
| % From ATH | -43.83% |
| All Time Low (ATL) Date | 5th Jul 2024 (4 months ago) |
| ATL Price | $0.32 |
| % From ATL | 39.91% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1,134.00 |
| Total Supply | 12.00M |
| Max Supply | 25.00M |
BTN
How does Butane Token's (BTN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-18.9%
BTN
26.2%
Similar Market Cap
60 Day Return
-30.9%
BTN
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Similar Market Cap
We're monitoring 18 Butane Token GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Butane Token Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 4 commits vs. an average of 111
Most Active Repos
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Top Developers 2024
In total, 2 developers have contributed to Butane Token over the past year. Who are the most active Butane Token developers, by commits, over the past year?
Related Projects
Developers working on Butane Token also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,277 |
| Twitter followers | 20,263 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://butane.dev |
|---|---|
| Explorer | https://cardanoscan.io/token/016be5325fd988fea98ad... |
| @butaneprotocol |
What is the correct contract address for Butane Token?
| Cardano | 016be5325fd988fea98ad422fcfd53e5352cacfced5c106a932a35a4 |
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Has Butane Token been audited for security?
No security audits found for this project.
Are you the owner of Butane Token? Edit it here
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