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SparkPoint Fuel price today is $0.084977 USD with a 24-hour trading volume of $90,598.33 USD. SparkPoint Fuel is down 14.69% in the last 24 hours. The current CoinMarketCap ranking is #2773, with a market cap of not available. The circulating supply is not available and a max. supply of 150,000,000 SFUEL coins.
SparkPoint Fuel (SFUEL) was launched on December 20,2020 and is the governance token of SparkDeFi, Sparkpoint’s decentralized finance platform
SFUEL is a new DeFi token project by SparkPoint Innovations Inc., the same team behind SparkPoint (SRK). SparkPoint Innovations Inc. is a duly registered corporation in the Philippines under the SEC. The project aims to fast track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.
SparkDeFi is a full-service decentralized finance solution that combines a decentralized exchange (SparkSwap), liquidity and pool-based staking (SparkStake), P2P lending and borrowing (SparkLend), and DeFi assets protocols management (SparkDash) in a seamless, transparent, secure, inclusive, and interoperable platform.
Decentralized exchange that supports various cryptocurrencies similar to Uniswap but operates on the Binance Smart Chain platform. Offers users an end to end “one-stop-shop” DeFi experience.
Cryptocurrency staking that supports multiple staking options including regular pool-based staking and liquidity staking. Users can participate in different liquidity staking options.
2 Liquidity Staking options are now live:
Blockchain-based P2P lending marketplace that leverages various cryptocurrency assets and Non-Fungible Tokens (NFTs). Supports altcoins and Non-Fungible Tokens (NFTs) or cryptocollectibles such as game items, virtual estate, and digital artworks as collateral. Offers microlending to democratize finance and promote financial inclusion. Enables users to generate a constant stream of cash flow through our liquidity savings pools.
Aims to make DeFi easier and accessible to everyone including non-technical users. Enables seamless access to various DeFi Protocols using a powerful DeFi Protocols Management platform. Users can manage efficiently their assets portfolio and collateralized debt positions (CDPs) in a simple and user-friendly dashboard for an end-to-end DeFi experience.
The SFUEL token is SparkDeFi’s governance token that enables the delegation of governance of the SparkDeFi platform to SFUEL holders. These DAO members are responsible for the direction of the protocol through systematic voting.
SFUEL is the native governance token that is used for:
The SFUEL token was launched on the Binance Smart Chain mainnet on December 20, 2020 with an initial total supply of 150 Million SFUEL tokens.
Of the initial total supply, 18.8889% of the tokens are distributed to private sale participants with 6 months vesting and 16.67% monthly distribution. 1.1111% to early supporters with 3 months vesting and 33.33% monthly distribution.
50% or 75 Million SFUEL tokens are allocated for liquidity and staking rewards with a distribution period in accordance with the staking rewards program schedule.
10% is allocated to the team with 2 years cliff and 5 years vesting at 20% yearly distribution. Another 10% to marketing and community airdrops. And the last 10% is reserved as contingency and is locked for 5 years.
SparkPoint is the brainchild of Andrino Agnas, a CPA and cryptocurrency investor based in the Philippines. Andy currently serves as the Chief Executive Officer of SparkPoint. Rico Zuñiga, a serial entrepreneur and early advisor of SparkPoint, currently serves as its Chief Technology Officer. Rico has been in the tech industry for more than 16 years and is one of the pioneers in the Philippine tech startup industry.
SparkPoint started with a staff of 2 in 2018 and was able to grow to 20 team members in 2020. The company is planning to rapidly expand and grow in 2021 to ensure the delivery of its roadmap.
SparkDeFi is a flagship project of SparkPoint with a long-term roadmap that spans from 2020 to 2022.
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|SparkPoint Fuel Price||$0.08498|
|24h Low / 24h High|
|Market Dominance||No Data|
|Market Cap||No Data|
|Fully Diluted Market Cap||$12,746,584.03|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time High
Jan 25, 2021 (14 hours ago)
All Time Low
Dec 30, 2020 (a month ago)
|SparkPoint Fuel ROI|
|Circulating Supply||No Data|
|Total Supply||No Data|
|Max Supply||150,000,000 SFUEL|