About Tokemak
Trading Insights
Searched
5
Market Stats
Market Cap
$17.03M
2.76%
FDV
$20.19M
Circ. Supply
84M TOKE
Max Supply
100M TOKE
Total Supply
100M TOKE
Total Value Locked
$145.93M
Diluted Valuation
$20.12M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$265.12K
-13%
Volume (7D)
$674.01K
Volume (30D)
$2.45M
All time high
$75.99
Price Change (1Y)
-59.35%
Additional details
Market details
TOKE vs markets
↘ 74.97%
TOKE vs BTC
↘ 75.81%
TOKE vs ETH
↘ 73.19%
Tags
defi
defi-2
protocol-owned-liquidity
spartan-group
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x2e9d63788249371f1DFC918a52f8d799F4a38C94 |
Price history
Time | Price | Change |
---|---|---|
Today | $0.20 | ↗ 2.82% |
1 Day | $0.20 | ↗ 2.82% |
1 Week | $0.18 | ↗ 13.49% |
1 Month | $0.32 | ↘ 37.71% |
1 Year | $0.50 | ↘ 59.35% |
FAQ
Tokemak (TOKE) is a blockchain platform that aims to create sustainable liquidity for all DeFi applications. The goal of Tokemak is to generate a protocol for decentralized markets with the evolution and growth of Web3. Web3 or Web 3.0 is the third generation of internet services that plans to decentralize information on the internet.
Tokemak aims to work as a decentralized platform that plans to change the way traditional liquidity markets operate. The platform aims to act as a guiding figure to the exchanges and aid in monitoring the liquidity flow for the traders. The aim of Tokemak is to use the platform to allow users to control the liquidity of assets in the market. TOKE is the native functionality token available on the ecosystem. The process starts with the Tokemak, which fetches the name from 'TOKAMAK', a nuclear-fusion reactor. The TOKAMAK reactors generate sustainable energy through plasma ionization. Each cryptocurrency has an individual reactor.
So, by using the platform’s version of the reactor, Tokemak aims to control the process of liquidity flow as given below:
Tokemak, in turn, aims to offer ownership and control opportunities to the TOKE holders. The primary aim for the token holders is to choose the way liquidity flows in a Defi setup. In the pre-liquidity phase, the token holders can earn TOKE as liquidity providers and directors. The platform also plans to release one billion TOKE with 30 percent as reward emissions. The platform focuses to reserve the rest for contributors, teams, investors, and reactor events. Tokemak also plans to engage new Defi projects by allotting a reactor through the process to generate liquidity. The platform aspires to become the primary place from where the liquidity of assets can flow across various networks.
According to the website, the idea and launch of the platform were in the first quarter of 2021. The idea was to introduce a novel and Defi primitive which can create sustainable liquidity. The reactors use Tokemechs or pilots who offer the community identity to the platform.
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Social stats
Popularity in posts
#2779
Contributors
27
Posts
59
% About Tokemak
0.006%
Hold times
0 days
X (Twitter)
58.48% bullish
Sentiment
4.4 ★
Highlights
27 unique individuals are talking about Tokemak and it is ranked #2,779 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Tokemak has an average sentiment score of 4.4 out of 5. Finally, Tokemak is becoming less newsworthy, with 0 news articles published about Tokemak.
On Twitter, people are mostly bullish about Tokemak. There were 60.15% of tweets with bullish sentiment compared to 2.86% of tweets with a bearish sentiment about Tokemak. 39.85% of tweets were neutral about Tokemak. These sentiments are based on 132 tweets.
On Reddit, Tokemak was mentioned in 0 Reddit posts and there were 0 comments about Tokemak. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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