Get up to $200 for getting started
Coinbase Logo

Keep an eye on RagnarokDAO

Get instant alerts for major price changes.

About RagnarokDAO

RagnarokDAO is a reserve cryptocurrency based on the Avalanche network. The native token of RagnarokDAO is "RGK'' whose ticker name is also RGK. The RagnarokDAO is actually a fork of Olympus DAO (a DeFi initiative that aims to build worldwide crypto-backed stablecoin assets). In addition, RagnarokDAO claims to employ the well-known "bond" and "stake" system to acquire capital and expand token supply.

RGK’s practical approach for seeking to accumulate value is staking. It is claimed that stakers can get rebase incentives by putting their RGK on RagnarokDAO's website. According to the APRs defined by the protocol, the quantity of tokens aims to grow with each rebase. The yield is automatically compounded. The annual percentage rate (APR) is the monetary value or incentive that traders may receive to make their crypto tokens available for loans, considering yield rates and any other charges that borrowers must pay.

When the user stakes, RGK is locked, and an equivalent amount of sRGK (swapped RGK) is received. At the end of each ‘epoch,’ the user's sRGK balance is rebased automatically. The time taken for a specific number of blocks on the chain to be finished is referred to as an ‘epoch.’ The platform claims that users can burn sRGK and receive an equal quantity of RGK when they un-stake. It is also claimed that the user can forfeit the forthcoming rebase reward if they un-stake.

RagnarokDAO's secondary value accrual approach is known as minting. When users mint RGK tokens, they essentially sell their assets to the system to purchase a bond. Minting actions are a hybrid of fixed-income investment, a futures contract, and an option. The minter can mint a certain quantity of RGK, and vesting will take place at a specific time. Since the total amount of token seeks to increase as the users mint and stake the RGK token, there is no maximum supply. But, the initial supply of the RGK was 87,500 coins.

Market

Canada Market Stats

Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

Not enough data

All time high

Not enough data

Price change (1h)

+100%

Price change (24h)

+100%

Price change (7d)

+100%

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

RagnarokDAO is on the rise this week.

The price of RagnarokDAO has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. RagnarokDAO’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of RagnarokDAO?

We update our RagnarokDAO to CAD currency in real-time. Get the live price of RagnarokDAO on Coinbase.

Can I buy RagnarokDAO on Coinbase?

No, RagnarokDAO is not currently available on Coinbase, but you can sign up to get the latest news on RagnarokDAO and be notified when it gets added to our exchange.