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Skyrim Finance

SKYRIM

Price
$0.0036
9/26/2022, 6:01:18 AM
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Market

Market stats

Market cap

$73,816.77

Volume (24h)

$15,000.12

Circulating supply

20.3M SKYRIM

All time high

$1.24

Price change (1h)

+0.57%

Price change (24h)

+5.17%

Price change (7d)

+4.18%

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Skyrim Finance is on the rise this week.

The price of Skyrim Finance has risen by 4.18% in the past 7 days. The price increased by 5.17% in the last 24 hours. In just the past hour, the price grew by 0.57%. The current price is $0.003636 per SKYRIM. Skyrim Finance is 99.71% below the all time high of $1.24.

The current circulating supply is 20,300,000 SKYRIM.

About

What Is Skyrim Finance (SKYRIM)?

Skyrim is a multichain structured finance protocol that works with the DeFi system. Structured finance is a financial tool accessible to businesses with complex financing requirements. There are two categories of DeFi traders in the market: Fixed-rate and Leveraged-yield. Skyrim Finance aims to bridge these two targeted markets and provide risk-adjusted returns to users of various profiles through these DeFi products. The platform employs multiple techniques to maximize yield with the help of yield farming opportunities and fixed APY (Annual Percentage Yield) vaults. There are multiple features of Skyrim Finance, such as:

  • NFT-based interoperability: Skyrim Finance uses the ERC-721 standard NFT to represent deposits and bonds. With the help of this, users can transfer assets across accounts and wrap tokens to expand the feature set.

  • Self-evolved and community-based: Token holders can propose and vote on platform modifications and administration. More extensive holdings, like other ecosystems, may not have more voting power. The services or contract engagements do not generate any revenue for the project.

  • Built-in ETH, BSC, and Polkadot: The Substrate Framework can integrate Skyrim Finance V2 onto Polkadot. The project seeks to support DeFi multichain interoperability. According to the whitepaper, the protocol works on the dual token model. $SKYRIM is the utility token of the platform—the token functions as a protocol fee and a system incentive. SKYRIM also works as a funding source for future innovative items and a solution reward. The protocol's governance token is $TRANCHE. Token holders can create and vote on proposals through the TRANCHE token. The project is planned to be run entirely by communities through Quadratic Voting.

Market makers who provide liquidity are rewarded with $SKYRIM tokens in structured finance pools. All the genuine users and voters are rewarded with $SKYRIM tokens. The $SKYRIM token is used to fund the development of new goods and solutions in the future.

History of Skyrim Finance (SKYRIM)

The official website of Skyrim Finance was launched in 2021. The Skyrim Finance team includes a wealth of cryptography, financial mathematics, and computer science knowledge. In addition to technology, the finance talent hails from top universities worldwide, including New York University, University of Pennsylvania, Manchester University, and London Business School. They have now moved into the DeFi field to study and explore the new frontiers of Structured Finance.

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FAQ

What is the current price of Skyrim Finance?

The price of 1 Skyrim Finance currently costs $0.0036.

What is the market cap of Skyrim Finance?

The current market cap of Skyrim Finance is $73.82K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Skyrim Finance?

The all-time high of Skyrim Finance is $1.24. This all-time high is highest price paid for Skyrim Finance since it was launched.

What is the 24 hour trading volume of Skyrim Finance?

Over the last 24 hours, the trading volume of Skyrim Finance is $15.00K.

What other assets are similar to Skyrim Finance?

Assets that have a similar market cap to Skyrim Finance include Bunicorn, Axis DeFi, Smartshare, and many others. To see a full list, see our comparable market cap assets.

How many Skyrim Finance are there?

The current circulating supply of Skyrim Finance is 20 million.

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