Colony CLY
1. Summary
- Price
-
$0.13 +4.8%
- Market Cap
- $13.45M (#1143)
- Supply
- 104.28M / 150.00M
- Tags
- Avalanche Ecosystem
- Description
-
Colony: A Community Driven Avalanche Ecosystem Accelerator
Colony: A Community Driven Avalanche Ecosystem Accelerator
- Symbol: CLY
Vision: Rethinking outmoded systems by imagining brand new ones, forging traditional finance principles into DeFi, specifically accelerating the Avalanche ecosystem
Overview: Colony is a suite of smart contracts that form a robust infrastructure for functions such as governance, finance, and organizational management. It offers decentralized fundraising tools, liquid vesting, and yield-generating products, all integrated into the Avalanche network. The CLY token, a hybrid bond, plays a central role in both DAO governance and liquid exposure to Colony’s value flow, aligning incentives across pillars, holders, and assets within the ecosystem.
Features:
- Decentralized Fundraising: Early investment opportunities for projects building on Avalanche.
- Liquidity Provision: Supporting Avalanche DeFi protocols through liquidity provision.
- Staking Program: Infrastructure support through staking, with rewards in AVAX and selected subnets.
- Index Investment: Maintaining the Colony Avalanche Index for monitoring Avalanche-based projects.
- Validator Program: Staking 10% of Colony’s capital in AVAX.
- Community Governance: Token holders can vote for capital deployment principles.
Evolution:
- DAO Integration: Gradual transition towards a decentralized autonomous organization (DAO), with an integrated subnet on Avalanche.
- Subnet Switch: Development of new incentive models for CLY holders.
- Automated Financing: Utilizing the DAO subnet to sustain long-term ecosystem growth through direct rewards and token burning.
Nature: Colony’s vision is to rethink existing systems and create new ones, focusing on bringing traditional finance structures to the Avalanche DeFi ecosystem. It is powered by the CLY token, designed to balance governance and liquid exposure, rewarding community engagement.
| Price | |
| 52W High price | $0.36 |
| 52W High date | 13th Dec 2023 (7 months ago) |
| All Time High (ATH) Date | 12th Dec 2021 (2 years ago) |
| ATH Price | $2.77 |
| % From ATH | -93.55% |
| All Time Low (ATL) Date | 15th Dec 2022 (1 year ago) |
| ATL Price | $0.03 |
| % From ATL | 467.81% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $47,742.00 |
| Total Supply | 150.00M |
| Max Supply | 150.00M |
| Circulating Supply | 104.28M |
CLY
How does Colony's (CLY) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-36.3%
CLY
23.9%
Similar Market Cap
60 Day Return
-18.3%
CLY
-17.0%
Similar Market Cap
1 Year Return
255.2%
CLY
66.6%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 4,304 |
| Twitter followers | 39,676 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.colonylab.io/ |
|---|---|
| Explorer | https://snowtrace.io/token/0xec3492a2508ddf4fdc0cd... |
| @Colonylab |
What is the correct contract address for Colony?
| Avalanche | 0xec3492a2508ddf4fdc0cd76f31f340b30d1793e6 |
|---|
Has Colony been audited for security?
No security audits found for this project.
Are you the owner of Colony? Edit it here
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