![VOY](https://s2.coinmarketcap.com/static/img/coins/64x64/23235.png)
Volley token price VOY
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Self-reported circulating supply
- 430,000,000,000,000 VOY
- Total supply
- 1,000,000,000,000,000 VOY
- Max. supply
- 1,000,000,000,000,000 VOY
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About Volley token
What is Volley token?
Volley token serves as a multifaceted digital asset within the cryptocurrency ecosystem, embodying a blend of utility and governance features. It represents a set of rights, including revenue sharing and voting powers, making it a significant tool for engagement and decision-making within its respective platform. This token is integrated into Xfinite's CAL Platform, highlighting its role in a broader digital environment.
Furthermore, it operates under the moniker of Team Vitality Fan Token, indicating its connection to fan engagement and community participation. This aspect of Volley token is facilitated through its acquisition process, which involves the purchase of another cryptocurrency, indicating a partnership or dependency on another blockchain-based platform for its distribution and circulation.
The token's economy is substantial, with a total supply of 800,000,000 tokens, of which a portion is already in circulation. This supply is strategically allocated across various segments such as strategic sale, public sales, marketing, development, liquidity and partnerships, and community and user grants, ensuring a balanced and purposeful distribution that supports its ecosystem's growth and sustainability.
While currently non-tradable on its native platform, there is an indication that Volley tokens might be open for trading in the future, suggesting plans for increased liquidity and market participation.
Beyond its governance and utility within a specific platform, Volley token extends its functionality to the decentralized finance (DeFi) sector. It acts as a comprehensive solution for DeFi activities, including cross-chain swaps, staking, earning, and yield farming, primarily on the Ethereum blockchain. This positions Volley token as a potentially pivotal player in the DeFi space, offering a wide range of services and opportunities for growth, adoption, and use.
Investors and participants in the cryptocurrency market should conduct thorough research and consider the multifaceted nature of Volley token, its ecosystem, and its potential impact within the broader blockchain and DeFi landscapes before making investment decisions.