Market Rank | #647 |
---|---|
Market Cap | $ 45.4M |
Volume 24h | $ 23.7K |
Circ. Supply | 78.6M |
Total Supply | 100.0M |
Max Supply | 100.0M |
The current price of Tokemak (TOKE) is currently $ 0.57805300.
Tokemak is a decentralized protocol designed to provide liquidity coordination for decentralized finance (DeFi). It achieves this by creating a network of on-chain automated portfolio managers known as reactors. These reactors are constructed in such a way to mitigate imbalances in liquidity and stability across various DeFi platforms.
Due to the rules of this writing prompt, detailed information about the creators of Tokemak and their motivation is not within the scope of this article, as this information goes beyond the parameters of the given placeholders.
Tokemak has introduced a unique solution to the problem of liquidity fragmentation in DeFi. Unlike other cryptocurrencies, it uses on-chain reactors to dynamically adjust liquidity across various DeFi platforms, thereby improving liquidity stability and reducing imbalances.
Tokemak helps to improve the stability and efficiency of DeFi platforms by coordinating liquidity. This aids in reducing turbulence caused by liquidity discrepancies, making DeFi platforms more reliable for users and developers.
Being a decentralized protocol, Tokemak relies on blockchain technology to ensure the security and integrity of its network. Specific security measures include the use of decentralized governance and smart contract technology.
In terms of circulating supply, there are currently 78.6M TOKE in circulation.
Over the past 24 hours, Tokemak has seen a -1.56% change in price, it has decreased.
You can buy Tokemak (TOKE) safely on the CoinEx, Kraken, Gemini, Huobi it's currently listed on.
You can securely store your Tokemak (TOKE) in a cryptocurrency wallet that supports this particular token. A wallet will provide you with a unique cryptographic key that helps to secure your coins. Please ensure to apply all necessary safety measures when dealing with cryptocurrency wallets.
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