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Instrumental Finance

STRM

Price
$0.0275
10/1/2022, 2:08:07 AM
diamondHands

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Market

Market stats

Market cap

-

Volume (24h)

$9,665.75

Circulating supply

-

All time high

$0.81

Price change (1h)

-0.01%

Price change (24h)

+0.72%

Price change (7d)

-0.27%

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Instrumental Finance is on the decline this week.

The price of Instrumental Finance has fallen by 0.27% in the past 7 days. The price increased by 0.72% in the last 24 hours. In just the past hour, the price shrunk by 0.01%. The current price is $0.027473 per STRM. Instrumental Finance is 96.61% below the all time high of $0.81.

The current circulating supply is 0 STRM.

About

What Is Instrumental Finance (STRM)?

Instrumental Finance (STRM) is a unique tool that claims to provide liquidity more effortlessly than ever. With the recent shortage of exchangeability between layer 2 solutions, liquidity providers and pools face hurdles when moving assets to hold a yield-optimized position. Instrumental Finance lets traders avoid these obstacles and increase their profits from liquidity pools (LP). Instrumental Finance gives various layer 2 solutions, allowing traders to optimize the liquidity provisioning earnings across numerous blockchains and blockchain layers. For partaking, traders deposit funds inside an Instrumental Vault.

As per the platform, Ethereum layer 2 is certainly the most favorable answer to the constant Ethereum scalability headache. However, they still contain several restrictions caused by a shortage of exchangeability between various layer 2 platforms, dripping down to a shortage of exchangeability between the decentralized applications (DaApps) that utilize them. These difficulties inevitably impact liquidity providing, making it complex to transfer assets (mainly the LP tokens.) denoting traders’ LP positions) from protocols utilizing one layer 2 to protocols utilizing another.

Instrumental Finance aims to provide an opportunity for traders to maximize their gains from liquidity providing, without meeting exchangeability problems. The chain- and layer-agnostic LP resolution is effortless for traders to take advantage of—traders deposit funds into an Instrumental Vault. From there, the funds are allotted to the highest yield-developing liquidity providing platform and pool functional, regardless of the chain or layer it is on.

STRM token is the native token that enables various functions and protocols. Traders can lock up Instrumental Finance’s native token STRM to gain a share of the earnings yielded from platform. Fifteen percent of the entire STRM token supply goes towards the Instrumental all-star team to back the continued development and growth of the platform.

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FAQ

What is the current price of Instrumental Finance?

The price of 1 Instrumental Finance currently costs $0.0275.

What is the market cap of Instrumental Finance?

The current market cap of Instrumental Finance is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Instrumental Finance?

The all-time high of Instrumental Finance is $0.81. This all-time high is highest price paid for Instrumental Finance since it was launched.

What is the 24 hour trading volume of Instrumental Finance?

Over the last 24 hours, the trading volume of Instrumental Finance is $9.67K.

What other assets are similar to Instrumental Finance?

Assets that have a similar market cap to Instrumental Finance include Energyfi, Chickenkebab Finance, Green Chart, and many others. To see a full list, see our comparable market cap assets.

How many Instrumental Finance are there?

The current circulating supply of Instrumental Finance is 0.

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