- DAFI makes the first step from basic token incentives to payouts.
- Scallop is up 2.94% in the last 24 hours.
Let us look at the top 3 projects today with a market capitalization of $5M-$10M as per CryptoDep.
DAFI Protocol (DAFI)
DAFI presents the first option for using network incentives to construct a decentralized economy. Each network has its own unique synthetic currency linked to the number of tokens it has in circulation. As a result, the token’s supply and demand are inversely related. Users who have been on the platform for longer are more likely to stick around because of the correlation between these two characteristics. To effectively motivate users for liquidity and staking, DAFI makes the first step from basic token incentives to payouts connected to demand. To construct a second artificial token, DAFI is staked.
According to CMC, the DAFI Protocol price today is $0.016691 USD, with a 24-hour trading volume of $588,655 USD. DAFI Protocol has been down 15.07% in the last 24 hours.
Poolz Finance (POOLZ)
When a company or project owner needs liquidity, they may use Poolz, a swapping protocol. Poolz enables entrepreneurs in their pre-listing period, bringing them closer to early-stage investors as the blockchain-cryptocurrency ecosystem advances closer to total decentralization.
According to CMC, the Poolz Finance price today is $3.03 USD, with a 24-hour trading volume of $301,415 USD. Poolz Finance has been down 5.12% in the last 24 hours.
Scallop (SCLP)
Scallop is a cutting-edge decentralized ecosystem for managing crypto and fiat currency in a single location designed for speed and efficiency. Decentralized financial services and banking features, including bank accounts, cards, remittances, and many more, are integrated into Scallop’s powerful platform to encourage the widespread use of crypto in everyday life. Scallop’s purpose is to bring digital assets into the public and speed up the shift to a more equal and decentralized environment.
According to CMC, the Scallop price today is $0.687586 USD with a 24-hour trading volume of $3,607,569 USD. Scallop is up 2.94% in the last 24 hours.
Source: https://thenewscrypto.com/top-3-projects-with-market-capitalization-of-5m-10m-as-per-cryptodep/