SPELL

Spell TokenSPELL

Rank #184
Token
On 86,453 watchlists

Spell Token Pris (SPELL)

kr0.007669
0.76%

0.00000005031 BTC0.73%

0.0000007405 ETH0.80%

Lav:kr0.007628
Høj:kr0.007766
24 timer
SPELL  Spell Token SPELL
Pris:
kr0.007669
 0.76%
Markedsværdi
kr786,574,344
0.06%
Fully Diluted Market Cap
kr1,503,101,416
0.06%
Volumen
24 timer
kr95,066,398
12.71%
Volume / Market Cap
0.1209
Cirkulerende forsyning
102.57B SPELL
52%
Maksimale forsyning
196,008,739,620
Samlede forsyning
103,214,939,480
Sponsored

Spell Token til DKK diagram

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SPELL til DKK omregner

SPELL

Spell Token

DKK

Danish Krone

SPELL Price Statistics

Spell Token Pris i dag
Spell Token Priskr0.007669
Price Change24 timer-kr0.00005877
0.76%
24h Low / 24h High
kr0.007628 /
kr0.007766
Trading Volume24 timerkr95,066,397.62
13.32%
Volume / Market Cap0.1209
Market Dominance0.01%
Markedsrangering#184
Spell Token Market Cap
Markedsværdikr786,574,344.24
0.76%
Fully Diluted Market Capkr1,503,101,415.63
0.76%
Spell Token Pris i går
Yesterday's Low / High
kr0.007586 /
kr0.007758
I går Åben / Lukket
kr0.007743 /
kr0.007696
Gårsdagens ændring

0.60%

Gårsdagens volumenkr101,705,922.41
Spell Token Pris historie
7d Low / 7d High
kr0.007521 /
kr0.00803
30d Low / 30d High
kr0.007496 /
kr0.01114
90d Low / 90d High
kr0.006829 /
kr0.01372
52 Week Low / 52 Week High
kr0.00499 /
kr0.5699
På sit højeste
Nov 16, 2021 (a year ago)
kr0.5699
98.66%
På sit laveste
Aug 18, 2021 (a year ago)
kr0.004487
69.72%
Spell Token ROI
Ingen data
Spell Token levere
Cirkulerende forsyning102,571,552,543 SPELL
Samlede forsyning103,214,939,480 SPELL
Maksimale forsyning196,008,739,620 SPELL

SPELL til DKK omregner

SPELL

Spell Token

DKK

Danish Krone

SPELL Live Prisdata

Spell Tokens live-pris i dag er kr. 0.007653 DKK med en 24-timers handelsvolumen på kr. 94,867,871 DKK. Vi opdaterer prisen på SPELL til DKK i realtid. Spell Token er nede med 0.06 % i de seneste 24 timer. Den nuværende CoinMarketCap placering er #184, med en markedsværdi på kr. 784,931,748 DKK. Den har en cirkulerende forsyning på 102,571,552,543 SPELL mønter og har en maksimal live-forsyning på 196,008,739,620 SPELL mønter.

De bedste børser til at handle Spell Token på, er på nuværende tidspunkt, Binance, OKX, BingX, Bybit, og . Du kan finde andre børser ovre på vores .

What Is Spell Token (SPELL)?

Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). Abracadabra uses the Kashi Lending Technology pioneered by SushiSwap (SUSHI) to provide isolated lending markets that allow users to adjust their risk tolerance according to the collateral they decide to use. Users can deposit collateral and borrow MIM against it. Abracadabra also offers yield farming opportunities, where users can stake their liquidity provider (LP) tokens to farm SPELL. This facilitates better liquidity for certain cryptocurrency pairs, currently Ether (ETH)-Spell Token (SPELL) and Magic Internet Money (MIM)-LP 3pool Curve (3CRV). Furthermore, users can also open leveraged farming positions using borrowed MIM from their interest-bearing collateral.

Who Are the Founders of Spell Token?

Abracadabra is not an official decentralized autonomous organization (DAO) but is instead governed through a Snapshot page. MIM are minted through a 6/10 multisignature contract composed of the following partially pseudonymous users:

What Makes Spell Token Unique?

Thanks to the Kashi Lending Technology introduced by SushiSwap, Abracadabra’s isolated lending markets have sparked a wave of innovation in decentralized finance (DeFi) lending. In an isolated lending market, the risk is not shared collectively. Users can provide liquidity for any token and if the currency pair loses its liquidity or something happens to the smart contract, only that pair is affected and not the entire platform. This allows Abracadabra to offer various pairs that are not supported by most other decentralized exchanges (DEXs).

One of the features of using this technology is that users can leverage their interest-bearing token positions. Users borrow against their positions and then again borrow against the borrowed stablecoin, creating several loops and thereby increasing their leverage. All of this is done in one transaction, which is why the user only pays a gas fee once.

Spell Token (SPELL) can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.

Check out Dai (DAI) — a crypto asset-backed stablecoin.

Check out Tether (USDT) — a popular stablecoin pegged to USD.

Read our in-depth article about mining Ether (ETH).

Get the latest crypto news and latest trading insights via the CoinMarketCap blog.

How Many Spell Token (SPELL) Coins Are There in Circulation?

The total supply of Spell Token (SPELL) is 210 billion, with 210 billion having been burned after token generation. The token distribution is as follows:

  • 63% (132.3B SPELL): global farming incentives
  • 30% (63.0B SPELL): team allocation (4 year vesting schedule)
  • 7% (14.7B SPELL): initial DEX offering

SPELL will follow a ten-year halving model, which will cut in half the rewards distributed every year. 50% of team tokens are to be issued in the first year, 25% in the second, and 12.5% in the third and fourth years. Each week, 624 million SPELL are emitted. SPELL is also used as a governance token, with users having voting power according to how much they have staked.

How Is the Spell Token Network Secured?

Abracadabra is a multichain protocol, with Spell Token (SPELL) therefore available on Ethereum (ETH), Avalanche (AVAX), Fantom (FTM), and Arbitrum.

Ethereum is one of the most popular blockchains out there and is the go-to solution for many decentralized application (DApp) developers. A set of nodes validate transactions and secure the Ethereum blockchain, and the network is in the process of transitioning from using a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS).

Unlike PoS or PoS, Avalanche uses a directed acyclic graph (DAG) protocol, in which all nodes process and validate transactions.

Fantom uses its own proprietary consensus mechanism, which allows both for higher capacity and two-second transaction finalization, alongside security improvements.

Arbitrum is a layer two scaling solution for Ethereum that uses optimistic rollups to achieve faster transaction times and near-zero gas fees.

Can Spell Token Hit $1?

Although Spell Token (SPELL) has been in a continuous uptrend and has an impressive market capitalization of almost 2 billion dollars, it is unlikely that it will ever hit $1, due to its enormous total supply. If the community decided to burn more SPELL from the total supply and if Abracadabra integrated with more protocols, SPELL could continue its uptrend in the future and reach new all-time highs.

Where Can You Buy Spell Token (SPELL)?

Spell Token (SPELL) is available on FTX, SushiSwap and Gate.io.

SPELL til DKK omregner

SPELL

Spell Token

DKK

Danish Krone

SPELL Price Statistics

Spell Token Pris i dag
Spell Token Priskr0.007669
Price Change24 timer-kr0.00005877
0.76%
24h Low / 24h High
kr0.007628 /
kr0.007766
Trading Volume24 timerkr95,066,397.62
13.32%
Volume / Market Cap0.1209
Market Dominance0.01%
Markedsrangering#184
Spell Token Market Cap
Markedsværdikr786,574,344.24
0.76%
Fully Diluted Market Capkr1,503,101,415.63
0.76%
Spell Token Pris i går
Yesterday's Low / High
kr0.007586 /
kr0.007758
I går Åben / Lukket
kr0.007743 /
kr0.007696
Gårsdagens ændring

0.60%

Gårsdagens volumenkr101,705,922.41
Spell Token Pris historie
7d Low / 7d High
kr0.007521 /
kr0.00803
30d Low / 30d High
kr0.007496 /
kr0.01114
90d Low / 90d High
kr0.006829 /
kr0.01372
52 Week Low / 52 Week High
kr0.00499 /
kr0.5699
På sit højeste
Nov 16, 2021 (a year ago)
kr0.5699
98.66%
På sit laveste
Aug 18, 2021 (a year ago)
kr0.004487
69.72%
Spell Token ROI
Ingen data
Spell Token levere
Cirkulerende forsyning102,571,552,543 SPELL
Samlede forsyning103,214,939,480 SPELL
Maksimale forsyning196,008,739,620 SPELL