Factor FCTR

1. Summary

Ranks

Liquidity

73

Developer

-

Social

73

Momentum (beta)

45

Stack Rank™

-

Price

$0.07 -0.8%

Market Cap

$984,844.00 (#3871)

Supply

15.00M / 100.00M

Tags

Arbitrum Ecosystem Camelot Launchpad

More Metrics

Price
52W High price	$0.21
52W High date	2nd Jan 2024 (1 year ago)
All Time High (ATH) Date	26th Feb 2023 (1 year ago)
ATH Price	$0.76
% From ATH	-89.77%
All Time Low (ATL) Date	6th Sep 2024 (4 months ago)
ATL Price	$0.07
% From ATL	3.52%

Supply & Trading Volume
Trading Volume (24h)	$29,695.00
Total Supply	100.00M
Max Supply	100.00M
Circulating Supply	15.00M

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Description

FactorDAO ($FCTR)

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FactorDAO ($FCTR)

FactorDAO is a decentralized protocol allowing users to create and trade trustless, permissionless derivatives on various underlying assets. This platform aims to provide a trustless and permissionless infrastructure for the origination, settlement, and trade of decentralized derivatives. It enables the creation of derivatives on real-world tokenized assets like physical securities and carbon credits, thereby offering a broad range of strategic opportunities for creators and strategists.

Key Features:

• Trustless and Permissionless: FactorDAO ensures the secure creation and trading of derivatives without any central authority restrictions.
• Ease of Use: Users can create derivatives using an intuitive interface and leverage any underlying asset and pricing oracles.
• Compatibility: The system supports any ERC-20 token or stablecoin as collateral and may use optimistic oracles to prevent data feed manipulation.

Roadmap:

• Q3 2022: Team formation, financial modeling, and prototyping.
• Q4 2022: Community alpha testing and bootstrapping round.
• Q1 2023: Testnet launch, public sale, mainnet launch, and Factor Open.
• Q2 2023: Native synthetic assets, multi-chain support, and SDK development.
• Q3 2023: Launch of Automated Market Maker (AMM) and native asset tokenization.

Governance and Tokenomics:

• Token (FCTR): The FCTR token promotes community governance and incentivizes the sustainability of the Factor ecosystem.
• Token Supply: Total supply is capped at 100 million FCTR tokens with fixed allocations for treasury, ecosystem development, the team, and public sales.
• Token Utility: $FCTR holders can stake and lock their tokens to receive yield-bearing tokens ($veFCTR), which grant governance rights and revenue distribution.

Community:

• Engagement: FactorDAO has social media presence on Twitter, Discord, Medium, and Telegram to facilitate community engagement and project updates.

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