SFUEL

SparkPoint FuelSFUEL

Rank #3079
Token
On 2,440 watchlists

SparkPoint Fuel Price (SFUEL)

$0.2611
18.14%

0.000004548 BTC17.06%

0.00007426 ETH18.32%

Low:$0.2009
High:$0.2611
24h
SFUEL  SparkPoint Fuel SFUELPrice: $0.2611 18.14%
Market Cap
- -

Why is there no Market Cap? 

Read more

Fully Diluted Market Cap
$39,159,564
18.14%
Volume
24h
$262,774
44.73%
Volume / Market Cap
--
Circulating Supply
--
Max Supply
150,000,000
Total Supply
--

SparkPoint Fuel Chart

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SFUEL Price Live Data

The live SparkPoint Fuel price today is $0.261064 USD with a 24-hour trading volume of $262,774 USD. SparkPoint Fuel is up 18.14% in the last 24 hours. The current CoinMarketCap ranking is #3079, with a live 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 Technologies Inc., the same team behind SparkPoint (SRK). SparkPoint Technologies 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 (SparkStake) and pool-based (SparkPool) staking, Ethereum ERC-20 to BSC BEP-20 bridge (SparkBridge), 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

Automated market maker 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 rewards liquidity providers with SRK or SFUEL tokens. Users can participate in different liquidity staking options.

SparkPool

Cryptocurrency staking that rewards pool stakers with SRK or SFUEL tokens. Users can participate in different pool staking options.

SparkBridge

Cross-blockchain bridging for transferring Ethereum ERC-20 SRK to Binance Smart Chain as BEP-20 SRKb tokens. Also supports other ERC-20 tokens.

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 tech 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 17 full-time and 5 part-time employees in Q1 2021. The company continues to rapidly expand and grow 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 available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

PancakeSwap offers the best liquidity for its SFUEL/WBNB and SFUEL/BUSD pairs. SFUEL is also tradable on BitMart (SFUEL/ETH) and Bithumb Global (SFUEL/USDT).

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$0.2611
Price Change24h$0.04008
18.14%
24h Low / 24h High
$0.2009 /
$0.2611
Trading Volume24h$262,773.82
44.73%
Volume / Market CapNo Data
Market DominanceNo Data
Market Rank#3079
SparkPoint Fuel Market Cap
Market CapNo Data
Fully Diluted Market Cap$39,159,563.80
18.14%
SparkPoint Fuel Price Yesterday
Yesterday's Low / High
$0.2009 /
$0.2611
Yesterday's Open / Close
$0.221 /
$0.261
Yesterday's Change

18.1%

Yesterday's Volume$262,493.31
SparkPoint Fuel Price History
7d Low / 7d High
$0.1611 /
$0.3188
30d Low / 30d High
$0.1227 /
$1.67
90d Low / 90d High
$0.04705 /
$1.67
52 Week Low / 52 Week High
$0.04705 /
$1.67
All Time High
Apr 15, 2021 (22 days ago)
$1.67
84.41%
All Time Low
Mar 05, 2021 (2 months ago)
$0.04705
454.88%
SparkPoint Fuel ROI

770.43%

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