Colony is not tradable on Coinbase.

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About Colony

Colony’s vision is rethinking outmoded systems by imagining brand new ones in order to bring the structural integrity of traditional finance to DeFi, specifically the Avalanche ecosystem.

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£0.000239
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Trading Insights

Market Stats

Market Cap

Not enough data

FDV

Not enough data

Circ. Supply

113M CLY

Max Supply

150M CLY

Total Supply

150M CLY

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

Not enough data

Price Change (1Y)

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The current price is £0.000239 per CLY with a 24-hour trading volume of £0.00.

Market details

CLY vs markets

Not enough data

Tags

0

Network & Addresses

Network
Address

Avalanche C-Chain

0xec3492a2508DDf4FDc0cD76F31f340b30d1793e6

Price history

Time
Price
Change
Today
£0.000239
Not enough data
1 Day
£0.0002436
Not enough data
1 Week
£0.0002513
0.00%
1 Month
£0.0003139
0.00%
1 Year
£0.03709
0.00%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

Colony (CLY) is a community-driven project based on the Avalanche ecosystem. Community is at the heart and center of the platform that is powered by Colony’s utility token, CLY. Avalanche is an open-sourced decentralized blockchain aiming to facilitate quicker and low-cost transactions. Hence, Colony (CLY) seeks to remodel projects, specifically on Avalanche, by putting in funds entirely governed by the community. Further, the platform envisions restructuring systems that are relatively out-of-date with innovative and new systems to improve the benefits availed from DeFi (decentralized finance) for the Avalanche users. 

Colony (CLY) seeks to stand out as a Web3 venture capital. The platform aims to provide early-stage funding to projects built on Avalanche. Also, Colony (CLY) intends to upgrade the already existing DeFi protocols on Avalanche with better liquidity. Above all, Colony (CLY) is a community-driven platform putting the basics of open governance into practice. Open governance involves the platform to allow users to vote in matters of capital distribution on various projects and applications in the Avalanche ecosystem.

Further, Colony (CLY) wishes to execute a decentralized autonomous organization (DAO) structure to upgrade and decentralize the platform. At the core of the platform, CLY is a unique hybrid utility token designed to reward the community. The token is utilized to seek to increase liquidity and value for Colony (CLY). Finally, the token aims to establish harmony between the token holders, protocols, and assets.

The platform introduces a validator program that allows 10% of the Colony’s (CVL) capital to be distributed in the Avalanche blockchain. Further, the capital is put to staking, benefiting users with token rewards. Also, 50% of the platform’s capital is distributed among projects and teams working specifically on Avalanche. Finally, Colony (CVL) desires to utilize 30% capital as added liquidity to protocols created on Avalanche. 

Elie Le Rest is the CEO at Colony (CVL). He is also the cofounder of ExoAlpha and has successfully structured several utility token projects, blockchain projects, and asset deals. 

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

Assets that have a similar market cap to Colony include Zero1 Labs, Tensora, Hesai Group (Coinbase Tokenized Stock), and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Colony is 113 million.

Social stats

Popularity in posts

#3592

Contributors

4,050

Posts

4,985

% About Colony

0%

Articles

6

X (Twitter)

31.67% bullish

Sentiment

0.0 ★

Highlights

4,050 unique individuals are talking about Colony and it is ranked #3,592 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Colony has an average sentiment score of 0.0 out of 5. Finally, Colony is becoming less newsworthy, with 6 news articles published about Colony.

On Twitter, people are mostly neutral about Colony. There were 41.23% of tweets with bullish sentiment compared to 30.19% of tweets with a bearish sentiment about Colony. 58.77% of tweets were neutral about Colony. These sentiments are based on 2902 tweets.

On Reddit, Colony was mentioned in 315 Reddit posts and there were 67786 comments about Colony. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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