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0.55980000USDT
-0.53%
$0.55980000฿0.00000825Volume(24H)$54,713.69
Today
Low:0.55693700
High:0.57861400
Yesterday
Low:0.55380000
High:0.57740000

Market information

Market Cap $44,091,161.74
Global Volume(24H)$63,288.98
All-Time Low$0.00309858
All-Time High$78.6058
Initial Price$2.8888
ROI
-80.6217%
Circulating Supply 78,736,063 TOKE
Circulation Percentage 78.7361%
Max Supply 100,000,000 TOKE
Total Supply 100,000,000 TOKE

Price history

Information

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TOKE

Project Introduction

Tokemak is a set of protocols for achieving sustainable DeFi liquidity that, in Tokemak's own words, "creates a decentralized liquidity engine for DeFi, consisting of a series of reactors (token pools)" with the goal of "decentralizing liquidity" and making liquidity sustainable.

Project Vision

Solve the existing liquidity incentive model, liquidity access difficulties, instability and high costs.

Solution

Tokemak has adopted a new liquidity management system. Different from existing income aggregation platforms, it faces both liquidity demanders and liquidity suppliers, and redistributes income according to liquidity supply and demand within the platform to maximize liquidity distribution efficiency within the platform. Tokemak will help project parties better access and manage their token liquidity and is expected to become a new generation of liquidity management infrastructure.

Project Implementation Mechanism

A reserve pool of token assets (non-TOKE tokens) will be established for each asset of the reactor, which is the first layer of protection against volatile losses of the reactor. When a contingent loss occurs, it is first repaid through the asset reserve pool. The Tokemak platform automatically balances supply and demand between liquidity providers and liquidity guides to optimize through a dynamic return balancing mechanism, eliminating the need for the community to determine the level of incentives for each reactor.

Token Usage Scenarios

Agreement governance voting, pledge liquidity distribution rights.

Project Highlights

Tokemak is the first protocol to allow increased mobility to provide transparency and democratize, with the goal of becoming the primary vehicle through which liquidity can flow freely and efficiently across the network.

Scrip Issued

Total Supply: 100,000,000 TOKE 30,000,000 TOKE (30%) : Bonus release (24 months release) 5,000,000 TOKE (5%) : In the DeGenesis event and CoRE (Reactor Mortgage event) of Cycle Zero, TOKE will conduct the first release of 9,000,000 TOKE (9%) : DAO reserves, which can be used TO replace non-TOKE assets during DAO TO DAO communication. 16,500,000 TOKE (16.5%) : Contributors (12-month cliff + 12-month linear release) 14,000,000 TOKE (14%) : Team (12-month cliff + 12-month linear release) 17,000,000 TOKE (17%) : Investors (12-month cliff + 12-month linear release) 8,500,000 TOKE (8.5%) : DAOs & Market Makers (12-month cliff + 12-month linear Release)

Competitors

Compared to similar platforms, Tokemak has the following competitive advantages: liquidity providers can mine single assets without the risk of volatile losses (except in extreme cases); Liquidity demanders (project parties or DEX that need to establish token liquidity) have access to sustainable liquidity and are able to manage token liquidity across exchanges; The platform automatically optimizes the allocation of liquidity.

Points

Tokemak is highly innovative: as a new-generation mobility solution, it has many highlights and advantages. In view of the current pain point of liquidity management, it tries to solve the problem from the perspective of liquidity demand side. At present, there is no direct competitor.

Project Risk

1. The Tokemak model is novel, the main product has not been started, and the business logic needs to be verified in a certain period of time. 2. Liquidity miners in the current market are all people with high risk preference, and whether the market demand for liquidity supply with low risk preference is strong needs to be verified. 3. The transfer of the risk of impermanent loss from the liquidity provider to the liquidity demander and the platform itself is both an innovation and a risk. Providing liquidity providers with safety also exposes platforms to more downside risk. 4. Smart contract risk: The project contains a large amount of original code and functions, with more audit problems and greater code risk than mature products.

Values

Market Demand for liquidity is strong and growing rapidly, and the industry has a long-term and stable demand.

Investment Opportunity

Although there are many liquidity mining track projects at present, the market liquidity is still lacking. As a new liquidity management system, Tokemak is expected to open up a new path in the liquidity mining track and become a new generation of liquidity management infrastructure.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1MEXC1MEXCTOKE/USDT
0.55980000
-0.53%$54,713.6943.2570%2024-10-18 11:25:36
2Gate.io2Gate.ioTOKE/USDT
0.55620000
0.69%$2,280.771.8032%2024-10-18 11:26:23
3Kraken3KrakenTOKE/USD
$0.59
7.27%$1,188.410.9396%2024-10-18 11:26:22
4Gate.io4Gate.ioTOKE/ETH
0.00021000
-2.78%$147.910.1169%2024-10-18 11:26:26
5Kraken5KrakenTOKE/EUR
0.56000000
-1.75%$31.45810.0249%2024-10-18 11:26:22
6CoinEx6CoinExTOKE/USDT
0.55550000
-1.3%$4,833.953.8217%2024-10-18 11:25:58

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
KrakenKraken$1,219.871.9303%Visit
Gate.ioGate.io$2,428.683.8431%Visit
MEXCMEXC$54,713.6986.5775%Visit
CoinExCoinEx$4,833.957.6491%Visit