SOV

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.002056830000 0.0%

Market Cap

$0.00 (#12188)

Supply

/

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Price
52W High price	$0.02
52W High date	27th Jun 2022 (2 years ago)
All Time High (ATH) Date	18th Dec 2024 (5 months ago)
All Time Low (ATL) Date	18th Dec 2024 (5 months ago)

Supply & Trading Volume

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Description

SOV is a decentralized peer-to-peer digital asset featuring a variable-rate self-deflationary mechanism. It is the first self-deflationary token built on the EOS platform, capable of handling high-volume transactions globally. Initially introduced with a supply of 1 billion tokens, SOV's circulating supply is designed to decrease over time as a per...

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SOV is a decentralized peer-to-peer digital asset featuring a variable-rate self-deflationary mechanism. It is the first self-deflationary token built on the EOS platform, capable of handling high-volume transactions globally. Initially introduced with a supply of 1 billion tokens, SOV's circulating supply is designed to decrease over time as a percentage of each transaction's value is burned, eventually reaching a final supply of 21 million tokens. Additionally, SOV operates on the Rootstock sidechain and is not a currency but rather a token that represents a stake in the Sovryn protocol, allowing holders to participate in governance and earn a portion of the protocol's fees.

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