Pylon Protocol (MINE)

1.87 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

221745>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

3870309>T
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
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Dec 14 2022

0.000291345353
32.84%

Dec 14 2022

0.000291345353
32.84%

Mar 21 2022

0.062739428959
-99.38%

Oct 15 2021

-99.87%
Low

Dec 14 2022

0.000291345353
32.84%

Dec 14 2022

0.000291345353
32.84%

Jun 17 2022

0.000173267935
123.37%

Oct 10 2022

341.32%

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

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Coin
Pylon Protocol
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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.

To know more about the Pylon Protocol price prediction, install the top cryptocurrency app CoinGabbar today!

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