Price
$0.24
10/7/2022, 5:40:06 AM
diamondHands

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Market

Market stats

Market cap

$3.8M

Volume (24h)

$235,392.41

Circulating supply

15.8M GOVI

All time high

$7.91

Price change (1h)

-0.21%

Price change (24h)

+0.37%

Price change (7d)

-2.3%

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Govi is on the decline this week.

The price of Govi has fallen by 2.30% in the past 7 days. The price increased by 0.37% in the last 24 hours. In just the past hour, the price shrunk by 0.21%. The current price is $0.240001 per GOVI. Govi is 96.97% below the all time high of $7.91.

The current circulating supply is 15,810,146 GOVI.

About

What Is Govi (GOVI)?

The Crypto Volatility Index (CVI) (formerly GOVI) is a decentralized VIX (Volatility Index) for crypto, allowing users to protect themselves against market volatility and losses. It is a full-scale decentralized platform that brings the sophisticated and popular "market fear index" to the crypto market. CVI aims to provide the most reliable DeFi tool suitable for analyzing volatility, hedging portfolios, and earning from being a liquidity provider.

CVI intends to be innovative and decentralized. It also means to be stable, transparent, informative, and reliable for cryptocurrency volatility information. The market fear index tracks the 30-day implied volatility of Bitcoin and Ethereum. The index ranges between 0 and 200. The index range is produced based on a Black-Scholes option pricing model. This pricing model computes the implied volatility of cryptocurrency option prices and analyzes the market's expectation of future volatility. Users can trade the CVI index, provide liquidity to get trading fees, and stake the LP tokens for providing liquidity and the GOVI token for additional rewards. 

The GOVI token is an ERC-20-based token and a governance token for the platform. Users who stake the GOVI token on the platform share the platform's fees. GOVI holders may also receive a share of the collected fees. They can vote for the tradable assets, leverage used, deposit amounts, etc.

GOVI stakers can get their GOVI rewards automatically compounded within the CVI platform to benefit the project's long-term supporters. Once a user stakes the GOVI token on the CVI platform, users receive xGOVI, representing a share of the staking pool of the platform. This code of the xGOVI includes an auto-compounding feature, which means users need not claim and re-stake GOVI rewards regularly to increase their rewards. However, they can save the community time and network fees.

History of Govi (GOVI)

The total supply of GOVI is 32M tokens. Dr. Nir Haloani, Anton Suslonov, Yoni Neeman, and Tomer Armarnik are the core team members of the ecosystem. 

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FAQ

What is the current price of Govi?

The price of 1 Govi currently costs $0.24.

What is the market cap of Govi?

The current market cap of Govi is $3.79M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Govi?

The all-time high of Govi is $7.91. This all-time high is highest price paid for Govi since it was launched.

What is the 24 hour trading volume of Govi?

Over the last 24 hours, the trading volume of Govi is $235.39K.

What other assets are similar to Govi?

Assets that have a similar market cap to Govi include Vesper, Nexus, DECOIN, and many others. To see a full list, see our comparable market cap assets.

How many Govi are there?

The current circulating supply of Govi is 16 million.

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