Colony (CLY) is a community-driven project based on the Avalanche ecosystem. Community is at the heart and center of the platform that is powered by Colony’s utility token, CLY. Avalanche is an open-sourced decentralized blockchain aiming to facilitate quicker and low-cost transactions. Hence, Colony (CLY) seeks to remodel projects, specifically on Avalanche, by putting in funds entirely governed by the community. Further, the platform envisions restructuring systems that are relatively out-of-date with innovative and new systems to improve the benefits availed from DeFi (decentralized finance) for the Avalanche users. 

Colony (CLY) seeks to stand out as a Web3 venture capital. The platform aims to provide early-stage funding to projects built on Avalanche. Also, Colony (CLY) intends to upgrade the already existing DeFi protocols on Avalanche with better liquidity. Above all, Colony (CLY) is a community-driven platform putting the basics of open governance into practice. Open governance involves the platform to allow users to vote in matters of capital distribution on various projects and applications in the Avalanche ecosystem.

Further, Colony (CLY) wishes to execute a decentralized autonomous organization (DAO) structure to upgrade and decentralize the platform. At the core of the platform, CLY is a unique hybrid utility token designed to reward the community. The token is utilized to seek to increase liquidity and value for Colony (CLY). Finally, the token aims to establish harmony between the token holders, protocols, and assets.

The platform introduces a validator program that allows 10% of the Colony’s (CVL) capital to be distributed in the Avalanche blockchain. Further, the capital is put to staking, benefiting users with token rewards. Also, 50% of the platform’s capital is distributed among projects and teams working specifically on Avalanche. Finally, Colony (CVL) desires to utilize 30% capital as added liquidity to protocols created on Avalanche. 

Elie Le Rest is the CEO at Colony (CVL). He is also the cofounder of ExoAlpha and has successfully structured several utility token projects, blockchain projects, and asset deals. 

Actualizamos nuestro Colony a EUR en tiempo real. Obtén el precio de Colony actual en Coinbase.

La capitalización de mercado actual de Colony es de613,039 mil €. Una capitalización de mercado alta implica que el activo está muy valorado dentro del mercado.

El máximo histórico de Colony es 0,3256 €. Este valor representa el precio más alto pagado por Colony desde su lanzamiento.

Durante las últimas 24 horas, el volumen de negociación de Colony ha sido de 6,008 mil €.

Entre los activos que tienen una capitalización de mercado similar a Colony se encuentran Procter & Gamble tokenized stock (xStock), Shrub, Meter Governance y muchos otros. Para ver una lista completa, consulta nuestros activos con capitalización de mercado comparable.

Actualmente, Colony cuenta con un suministro en circulación de 113 millones.