Buy Rari Governance Token with Coinbase Wallet

Rari Governance Token can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$6.9M

Volume (24h)

$6,718.75

Circulating supply

12.5M RGT

Typical hold time

Not enough data

Popularity

#1148

All time high

$85.00

Price change (1h)

0%

Price change (24h)

+7.19%

Price change (7d)

-10.38%

About Rari Governance Token

RGT is an Ethereum token that powers Rari Capital, a decentralized protocol for lending and borrowing. The Rari Governance Token is used for fee discounts and protocol governance.

Rari Governance Token, with the ticker RGT, is the governance token that powers Rari Capital, a decentralized protocol for lending and borrowing. The RGT was announced as a part of Rari Capital's objective to develop the decentralized finance (DeFi) space toward a sustainable model. Governance tokens are essentially the blockchain tokens that give their holders voting and management power. They are especially important in the DeFi environment, where power balance is required. Using governance tokens, users can vote on proposals related to the blockchain.

As per the platform’s website, Rari Capital empowers people to break free by producing new opportunities, communities, and financial products. Rari Capital is the primary interface to interact with the Rari protocol on Ethereum, which can be accessed by anybody across the world. An important feature offered by Rari Capital is the Rari Capital DAO (decentralized autonomous organization), which ensures that all decision rights belong to the platform users. 

Subsequently, the RGT has three different roles to serve, namely maintaining governance, passthrough governance, and fee discounts. The token is utilized in decisions to integrate new protocols, edit pools, and risk parameters that maintain governance. On the other hand, the token serves as pass-through for their governance when a pool accumulates other tokens like $COMP, $BAL, etc. Apart from these, users can also utilize the token for fee discounts from the Rari protocol. 

Furthermore, RGT is burned for every transaction generated by the protocol. Burning implies sending the tokens to an unusable wallet address to remove them from circulation. This process leads to a total decrease in the supply of RGT tokens as the protocol succeeds.

News about Rari Governance Token

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Ethereum Layer 2 Blast has hit more than $2 billion in total value locked. Blast’s mainnet launch is anticipated for Feb. 29.

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WOW Summit Hong Kong is thrilled to announce an extraordinary lineup of speakers, a captivating agenda, and a curation by Sotheby’s, one of the world’s premier auction houses, for the WOW Summit Art Zone. The event, set to take place on March 26 and 27 at AsiaWorld Expo, Hong Kong, promises to be...

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CoinDesk • Feb 27, 24

Bitcoin Shorts Lose $150M as BTC Poised for ‘Tremendous Upside’

A market observer said that bitcoin and crypto markets will enter an “unprecedented phase of adoption” as prices eventually breach lifetime peaks.

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Decrypt • Feb 27, 24

Bitcoin Price Blasts Past $56,000, Yielding $157 Million in Liquidated Shorts

Bitcoin is swimming in territory not seen since its all-time high in November 2021, even as holders cash in.

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BeInCrypto • Feb 27, 24

9 Spot Bitcoin ETFs Break All-Time Volume Record

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Rari Governance Token is on the decline this week.

The current price is $0.55 per RGT with a 24-hour trading volume of $6.72K. Currently, Rari Governance Token is valued at 99.35% below its all time high of $85.00. This all-time high was the highest price paid for Rari Governance Token since its launch.

The current circulating supply of Rari Governance Token is 12,472,025.562 RGT which means that Rari Governance Token has as total market cap of 12,472,025.562.

FAQ

What is the current price of Rari Governance Token?

We update our Rari Governance Token to USD currency in real-time. Get the live price of Rari Governance Token on Coinbase.

What is the market cap of Rari Governance Token?

The current market cap of Rari Governance Token is $6.86M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rari Governance Token?

The all-time high of Rari Governance Token is $85.00. This all-time high is highest price paid for Rari Governance Token since it was launched.

What is the 24 hour trading volume of Rari Governance Token?

Over the last 24 hours, the trading volume of Rari Governance Token is $6.72K.

What other assets are similar to Rari Governance Token?

Assets that have a similar market cap to Rari Governance Token include Lattice Token, Dark Frontiers, Mancium, and many others. To see a full list, see our comparable market cap assets.

How many Rari Governance Token are there?

The current circulating supply of Rari Governance Token is 12 million.

What is the relative popularity of Rari Governance Token?

Rari Governance Token ranks 219 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Can I buy Rari Governance Token on Coinbase?

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

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