Chainflip | FLIP

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FLIP just get listed on KuCoin, CoinList Pro, Gate, Uniswap & Bybit
The price of Chainflip aka FLIP is $3.1 today with a 24hour trading volume of 23 million dollar with a circulating supply of 18 Million FLIP, Chainflip is valued at a market cap of 60 million dollar. The lowest price paid for FLIP is $2.16 and the current price is 50% higher than the all time low price

Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process. The Chainflip protocol allows users to swap assets between major blockchains without any wrapped tokens, traditional bridging, and at extremely competitive pricing using a native Uniswap V3 based Automated Market Maker, dubbed the JIT AMM. It is totally generalised, decentralised, and can be integrated with any chain using any transaction type. The protocol is secured by a set of 150 validators staking Chainflip’s native FLIP token. FLIP is primarily a utility token. Validators require FLIP in order to stake, and in turn are rewarded in FLIP. Value is returned indirectly to Validators through protocol fees. Additionally, every swap conducted on the platform results in the automatic buying and burning of FLIP tokens through the liquidity pool system, which puts deflationary pressure on the network as trading volume increases. For ease of use, Chainflip will be offered as an ERC20 token, with the potential for those tokens to be bridged across to a native token on its own blockchain at a later stage. There are no tokens currently in circulation. The genesis (total) supply will be 90 million FLIP at launch. The total supply will increase by about 8-11% per annum, depending on burn rates. The initial circulating supply will be approximately 35m FLIP. This will increase to over 65m FLIP after 12 months. We will provide API endpoints which can be used to regularly update these metrics for maximum real-time accuracy.


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