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Pylon Protocol (MINE)
pylon-protocol-mine-prices-usd

Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.
2,183,209,949.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.
10,000,000,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.
10,000,000,000.00

This is an untracked
listing.

  • Terra Ecosystem
  • Launchpad
Coin
Pylon Protocol
Comments

Coin Info

Pylon Protocol is a framework for principal-protected, yield-based products and services. It is a type of decentralised finance (DeFi). Built by Terraform Labs (TFL) on the Terra blockchain, Pylon is a new way for users and service providers to align their long-term interests. Payment is made through cash flow instead of an upfront cost.

Users can deposit Terra stablecoins into platforms that use the Pylon Protocol in exchange for platform-specific rewards, such as exclusive content, no-fee memberships, project token farms, perpetual charity donations, arts patronage, rental services, and investments that protect their principal. When a user's subscription is over, they can get their full pledged principal back. Yields from savings protocols, like Anchor Protocol, are sent to service providers according to the terms of the deposit contract.

The most important product of the protocol is Pylon Gateway, which is a decentralised project launchpad and crowdfunding-via-yield platform for Terra. Users can deposit TerraUSD (UST) for a set period of time to earn project tokens and governance rights.

The Pylon symbol MINE is a CW20 token that was first made available on Pylon Gateway. The main purpose of MINE is to let holders participate in protocol governance and earn a share of protocol yields made across all Pylon platforms and projects. MINE tokens can also be used as an incentive to get people to put money into platforms that use the Pylon Protocol.

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Frequently Asked Questions (FAQs)

The current price of Pylon Protocol (MINE) is USD 0.00010837

24 Hours, High Price of Pylon Protocol (MINE) is USD 0 and Low price of Pylon Protocol (MINE) is USD 0

The total supply of Pylon Protocol (MINE) is 10000000000 and Circulating supply of Pylon Protocol (MINE) is 2,183,209,949.00

The trading volume of Pylon Protocol (MINE) is 221745 In the last 24 hours