Previous Close | 7.7076 |
Open | 7.7076 |
Day's Range | 7.2830 - 7.8341 |
52 Week Range | 2.8067 - 40.7779 |
Start Date | 2017-07-06 |
Algorithm | N/A |
Market Cap | 493.916M |
Circulating Supply | 67.64M |
Max Supply | N/A |
Volume | |
Volume (24hr) | 25.37M |
Volume (24hr) All Currencies | 25.37M |
LRTs repurpose staked ether to support external systems like rollups and oracles with an economic security layer, explains Marcin Kazmierczak, Co-Founder of RedStone & Warp.cc.
The new token type claims to solve some of the drawbacks with ERC-404s, an experimental standard that launched last week – to such popularity that it's already driven up congestion on the Ethereum blockchain.
Kazemian expects Fraxtal to debut with a bang, attracting at least several hundred million dollars worth of crypto assets in the first month.