SFUEL

SparkPoint FuelSFUEL

Rank #2773
Token
On 0 watchlists

SparkPoint Fuel Price (SFUEL)

$0.08498
14.69%

0.000002629 BTC

0.00006259 ETH

Low:$0.08378
High:$0.1097
24h
SFUEL  SparkPoint Fuel SFUELPrice: $0.08498 14.69%
Market Cap
- -

Why is there no Market Cap? 

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Fully Diluted Market Cap
$12,746,584
14.69%
Volume
24h
$90,598
570.09%
Circulating Supply
- -
Max Supply
150,000,000

SparkPoint Fuel Chart

 

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About SparkPoint Fuel

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.

What Is SparkPoint Fuel (SFUEL)?

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.

The SparkDeFi platform is composed of:

SparkSwap

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.

SparkStake

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:

  1. SRK-ETH Liquidity Staking on Ethereum with 32 Million SRK tokens allocated as rewards for stakers
  2. SFUEL-BNB Liquidity Staking on Binance Smart Chain with 350,000 SFUEL tokens allocated as rewards for stakers

SparkLend

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.

SparkDash

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.

SFUEL Token

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:

  • SparkDeFi DAO: decentralized governance of the SparkDeFi platform
  • Mode of Payment: paying for fees in SparkDeFi either in the form of interest income for the lenders and savers or interest payments from the borrowers
  • Staking Rewards: SFUEL tokens are used as rewards in our Liquidity Staking/Mining and Savings Pools when users stake either SRK or SFUEL pairs
  • Governance Incentives: SFUEL token holders who participate in SparkDeFi governance for its continued and sustained improvement and growth are entitled to SFUEL rewards

How Many SFUEL Tokens Are There in Circulation?

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.

Who Are the Founders of SparkPoint?

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.

Where Can You Buy SparkPoint Fuel (SFUEL)?

SFUEL is initially available for trading on Pancake Swap DEX and is paired with Binance Coin(BNB)

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

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SFUEL

SparkPoint Fuel

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USD

United States Dollar

SFUEL Price Statistics

SparkPoint Fuel Price Today
SparkPoint Fuel Price$0.08498
Price Change24h$-0.01249

14.69%

24h Low / 24h High
$0.08378 /
$0.1097
Trading Volume24h$90,598.33

570.09%

Market DominanceNo Data
Market Rank#2773
SparkPoint Fuel Market Cap
Market CapNo Data
Fully Diluted Market Cap$12,746,584.03

14.69%

SparkPoint Fuel Price Yesterday
Yesterday's Low / High
$0.08378 /
$0.1097
Yesterday's Open / Close
$0.09730 /
$0.08431
Yesterday's Change

13.35%

Yesterday's Volume$91,078.93
SparkPoint Fuel Price History
7d Low / 7d High
$0.08312 /
$0.1097
30d Low / 30d High
$0.05365 /
$0.1097
90d Low / 90d High
$0.05365 /
$0.1097
52 Week Low / 52 Week High
$0.05365 /
$0.1097
All Time High
Jan 25, 2021 (14 hours ago)
$0.1097

22.55%

All Time Low
Dec 30, 2020 (a month ago)
$0.05365

58.4%

SparkPoint Fuel ROI

183.26%

SparkPoint Fuel Supply
Circulating SupplyNo Data
Total SupplyNo Data
Max Supply150,000,000 SFUEL

SparkPoint Fuel Markets

No Data

SparkPoint Fuel News

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