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Formation Fi

FORM

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Formation Fi is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Market

Market stats

Market cap

$75,897.33

Volume (24h)

$51,536.81

Circulating supply

79.8M FORM

All time high

$0.46

Price change (1h)

-0.01%

Price change (24h)

+2.44%

Price change (7d)

+8.99%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Formation Fi is on the rise this week.

The price of Formation Fi has risen by 8.99% in the past 7 days. The price increased by 2.44% in the last 24 hours. In just the past hour, the price shrunk by 0.01%. The current price is $0.000952 per FORM. Formation Fi is 99.79% below the all time high of $0.46.

The current circulating supply is 79,753,014.899 FORM.

About

What Is Formation-FI (FORM)?

Formation FI (the Risk Parity Protocol) is a cross-chain decentralized asset management system that allows users to quickly establish highly diversified portfolios customized to individual risk preferences, bringing maturity and stability to DeFi. According to its whitepaper, the platform's set of tokenized, algorithmically rebasing indexes allows users to build a risk-adjusted portfolio of crypto assets in an open and democratized manner. Users own a combination of index tokens that reflect various assets across many networks, lowering risk and saving time and money.

The FORM token is claimed to be a triple-utility token that provides profit-sharing, governance and helps expand the DeFi ecosystem by leveraging the wisdom of the crowd to discover and support the most promising projects, oversees the entire protocol. The Risk Parity Protocol automatically configures and suggests a portfolio of yield-farming strategies matched to the user's risk profile assigns and calibrates asset allocations across core asset classes. With a periodic rebasing function, the protocol then mints index tokens that monitor the underlying DeFi assets and yield farming schemes.

The claimed functions of the FORM token are:

  • Governance voting- FORM holders vote on proposals for FORM to operate the treasury.

  • Staking+liquiditymining- FORM is rewarded to users who deposit or stake the underlying digital assets or swap among the index coins.

  • Dark Pools: FORM grants access to investment liquidity pools that use the crowd’s wisdom to incubate and fund the new DeFi projects.

    Furthermore, users hold index tokens that reflect a wide range of assets. These index tokens can be sold, bought, and swapped like any other ERC-20 token, and they can even be used in additional yield farming schemes or added to a liquidity mining pool to improve yield. Formation Fi is built on progressive decentralization, a method of building a DAO incrementally, with decision-making power gradually shifting to FORM token holders over time.

History of Formation-Fi (FORM):

The roadmap of the Formation-Fi includes the first quarter of 2021, which marked the website launch and the whitepaper release. The second quarter of 2021 consists of the formation of smart contracts, BSC bridge development, and community launch on Telegram and Twitter. The total supply of the FORM tokens is one billion tokens.

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Guides

Coinbase

How to Buy Formation Fi

You can buy Formation Fi using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy Formation Fi using Coinbase wallet.

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FAQ

What is the current price of Formation Fi?

We update our Formation Fi to USD currency in real-time. Get the live price of Formation Fi on Coinbase.

What is the market cap of Formation Fi?

The current market cap of Formation Fi is $75.90K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Formation Fi?

The all-time high of Formation Fi is $0.46. This all-time high is highest price paid for Formation Fi since it was launched.

What is the 24 hour trading volume of Formation Fi?

Over the last 24 hours, the trading volume of Formation Fi is $51.54K.

What other assets are similar to Formation Fi?

Assets that have a similar market cap to Formation Fi include Aluna.Social, Gemie, Polinate, and many others. To see a full list, see our comparable market cap assets.

How many Formation Fi are there?

The current circulating supply of Formation Fi is 80 million.

Can I buy Formation Fi on Coinbase?

Yes, Formation Fi is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Formation Fi guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.