Afreum
AFR Price
Afreum (AFR) is a cryptocurrency DeFi platform built on the Stellar blockchain. More
| Fully Diluted Valuation | $3.84M |
|---|---|
| 24H Trading Volume | $5,536 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 5.65 B |
| Total Supply | 8.00 B |
| Max Supply | 8.00 B |
| Categories | Stellar Ecosystem |
|---|---|
| Founder | Sahr Johnny |
| Website | afreum.com |
| Socials | 1 more |
| Chains | Stellar Ecosystem |
| Explorer | Stellar |
| Contracts |
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|
| Name | Pair | OG Score |
|---|
Launched on October 5, 2020, by London School of Economics graduate Sahr Johnny, Afreum is a new blockchain-based platform aiming to improve financial inclusion. Built on the Stellar blockchain, Afreum is designed to provide essential financial services to underserved populations, especially in Africa.
Mission
Afreum’s goal is to offer financial tools to people who are often excluded from traditional banking. It provides services such as payments, savings, loans, remittances, and staking, aiming to make financial transactions easier and more accessible.
Token System
Afreum uses two main tokens: AFREUM (AFR) and AFREUM X (AFRX). The AFR token powers the platform, while the AFRX token is used for incentives and governance within the Afreum community. The platform also includes country-specific stable (S tokens) and flexible (A tokens) tokens to facilitate both local and international transactions.
Services and Features
Afreum offers a range of services designed to meet different financial needs. International users can earn rewards through DeFi features like savings and staking pools. In Africa, users benefit from fast and affordable transactions for everyday financial activities, supported by Afreum’s growing suite of apps.
Conclusion
Afreum is working to make financial services more accessible by using blockchain technology. Its focus on both local and international needs aims to provide better financial opportunities for those who are often left out of traditional banking systems.
Afreum is unique for its use of the Stellar blockchain to provide a comprehensive suite of financial tools, including payments, savings, and loans, specifically designed to enhance financial inclusion for underserved populations in Africa and beyond.
Afreum was founded by Sahr Johnny, a London School of Economics graduate, on October 5, 2020.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Afreum (AFR) is ($5,649,984,783), max supply of Afreum AFR is ($7,999,769,541) and the market cap of Afreum AFR is ($2,711,777).
What is the Afreum (AFR) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Afreum (AFR) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Afreum (AFR) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Afreum AFR) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Afreum (AFR) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Afreum (AFR) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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