| Fully Diluted Valuation | $869,820 |
|---|---|
| 24H Trading Volume | $131 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 31.37M |
| Total Supply | 250.00M |
| Max Supply | 250.00M |
| Categories | Dex Aggregator 3 more |
|---|---|
| Founder | Anonymous |
| Website | cadenceprotocol.io |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Cantoscan 4 more |
| Contracts |
0x912....75dff
1 more
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| Name | Pair | OG Score |
|---|
Cadence Protocol is a new player in the decentralized finance (DeFi) space, launching as a key perpetuals aggregator on the Canto blockchain. It aims to use liquidity more efficiently by combining Real World Assets (RWAs), Contract-Secured Revenue (CSR), and Liquid Staking Derivatives (LSDs). Cadence will be part of an execution network called Symphony, which addresses liquidity issues and improves the DeFi user experience.
The CAD Token
The CAD token is central to the Cadence Protocol. It serves several important functions:
Fee Redistribution: 100% of the fees collected are given back to CAD and CLP stakers.
Governance: Token holders can vote on protocol decisions.
Increased Protocol Share: Token holders get a larger share of the protocol over time through an exit fee mechanism.
Staking Rewards: Traders who stake CAD get extra incentives and rewards.
Referral Program: There are rewards for referring new users.
Participation Requirement: Solvers in Symphony need to stake CAD.
Gas Payments: CAD is used for gas fees in Symphony.
Supply and Staking
The total supply of CAD tokens is limited to 250 million. The staking system rewards long-term holders and protects against market manipulation. Stakers receive all protocol revenue and benefit from incentives designed to balance short-term trading with long-term value.
Founders
The Cadence Protocol was created by four experts in Web3 and DeFi technologies, bringing a wealth of knowledge in smart contracts and cross-chain communication.
Conclusion
Cadence Protocol is designed to improve the DeFi ecosystem by using liquidity more effectively and enhancing user experiences. The CAD token plays a crucial role in this system, offering multiple benefits to its holders.
Cadence Protocol is unique for its intent-centric perpetuals aggregation on Canto, integrating Real World Assets (RWAs), Contract-Secured Revenue (CSR), and Liquid Staking Derivatives (LSDs) through its Symphony network to enhance liquidity and DeFi user experience.
Cadence Protocol was founded by four experts with extensive experience in Web3, DeFi aggregation, smart contracts, and cross-chain communication.
The project is launching with a Liquidity Bootstrapping Pool (LBP) on Fjord Foundry.
Uniswap V2 (Ethereum), Canto Dex
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