|All Time High:|
|Market Cap: |
|The price of #AUTO today is $11.11 USD.|
The lowest AUTO price for this period was $0, the highest was $11.11, and the exact current price of one AUTO crypto coin is $11.11081.
The all-time high AUTO coin price was $12,478.
Use our custom price calculator to see the hypothetical price of AUTO with market cap of BTC or other crypto coins.
|The code for Auto crypto currency is also #AUTO. |
Auto is 2.7 years old.
|The current market capitalization for Auto is $831,599.|
Auto is ranking downwards to #808 out of all coins, by market cap (and other factors).
|The trading volume is modest during the past 24 hours for #AUTO.|
Today's 24-hour trading volume across all exchanges for Auto is $69,711.
|The circulating supply of AUTO is 74,846 coins, which is 94% of the maximum coin supply.|
A highlight of Auto is it's exceptionally low supply of coins, as this tends to support higher prices due to supply and demand in the market.
|AUTO has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 8 crypto exchanges.|
|Note that there are multiple coins that share the code #AUTO, and you can view them on our AUTO disambiguation page.|
Autofarm Announces $5M Investment in AI-Fi: Decentralized AI Finance
AutoLabs to research and integrate AI/ML into DeFi We are excited to announce that Autofarm is securing a private $5 million strategic investment round in January 2023. This fundraising aligns with the progress Autofarm is making in the integration of advanced Artificial Intelligence (AI) and Machine Learning (ML) technologies through the establishment of AutoLabs, an in-house research division dedicated to exploring the integration of AI/ML technologies. The goal of this internal research division is to empower Autofarm’s products with the ability to analyse real-world data dynamically, identify profitable opportunities, and make autonomous decisions for optimal asset allocation across multiple blockchain networks. Additionally, not only does this investment secure the long-term sustainability of the Autofarm ecosystem, but it also commits to the development of new products and features, such as automated investment strategies powered by AI/ML algorithms, which shall help users maximise returns in the fast-paced world of DeFi. This also supports Autofarm’s goal to continue expanding in an ever-growing and more competitive DeFi market. Overall, the integration of AI and ML technologies into Autofarm is a significant step forward for the DeFi space, and we are excited to be at the forefront of this innovation. Our team is committed to researching and implementing these technologies to provide our users with the best yiel...
Artificial Intelligence is coming to Autofarm: AI-Fi is here
AutoFarm releases AutoLabs to research, develop and integrate AI into AutoFarm’s products We are thrilled to announce that Autofarm, the leading lowest fee multi-chain DEX & yield aggregator protocol, is set to integrate advanced Artificial Intelligence (AI) and Machine Learning (ML) technologies to revolutionise yield generation and scalability on the platform.Decentralized Artificial Intelligence Finance, Ai-Fi, is here AutoFarm has established AutoLabs, an in-house research division dedicated to exploring the integration of advanced AI/ML technologies. A specialised AI architecture team, comprising experts from various AI backgrounds, has been assembled within AutoLabs to lead this initiative. The goal of this internal research division is to empower Autofarm’s products with the ability to analyse real-world data dynamically, identify profitable opportunities, and make autonomous decisions for optimal asset allocation across multiple blockchain networks. One key technique that Autofarm plans to implement is the use of oracles to bridge on-chain and off-chain data. These oracles will gather real-time information about the various chains and tokens supported by Autofarm, enabling the platform to make data-driven decisions on where to allocate user assets for maximum yield. In particular, Autofarm will be exploring the integration of AI/ML algorithms in its AutoFarm Vaults, a yield optimizer platform that pools gas c...
Mutual Investment: Autofarm and Gifto Strengthening Partnership
Autofarm is strengthening its partnership with Gifto through a mutual investment, totalling $1M worth of tokens Autofarm is excited to announce that we have committed to a mutual investment in Gifto on January 3rd, 2022. Both projects have been partners since December 2022, and this mutual investment is a further show of support for each other’s success. As a prominent player in the DeFi space, specifically as a hyper-optimised cross-chain DEX and yield aggregator, we are always seeking opportunities to collaborate with like-minded projects and drive growth for our own project. This mutual fundraise breaks down as follows: Autofarm is investing 500k$ in $GTO tokens, while Gifto is investing 500k$ in $AUTO tokens. These investments have been mutually agreed upon and are currently being bought back from CEX markets to incentivize price support. Both Autofarm and Gifto have a lot of exciting developments coming soon. Autofarm is preparing to roll out its further optimised V3 vaults in the near future, and Gifto has a number of product line-up novelties planned for 2023 as the project undergoes a revamp. As part of this partnership, Gifto will also release a vault on Autofarm after staking is live this quarter, which will allow $GTO holders to earn rewards by staking their tokens in the Autofarm vault. We believe that this mutual investment will be a great opportunity for both Autofarm and Gifto to strengthen our partnership...
Monthly Community update #3
Welcome AutoFam to our third monthly community update! This month has been quite moving so to say. We have gone successfully through all the Venus governance stages to get the funds back where they belong; to all affected users! It has taken a big load from our entire workforce to ensure a quick and smoothly claiming process for all affected users. We can now safely say that all affected users are being able to recover what is rightfully theirs. Next to that our developers have rolled out some other additions to the platform and we have much more upcoming, find out more below! Venus reimbursement The time is finally here. We feel just like all affected users that this issue has taken too long and what remains now is to refund users as quickly and securely as possible. After the successful approval of the Snapshot vote and VIP on Venus Protocol, the next step is to return the funds to all affected wallets. We are glad that we can finally move forward. In this article we have set out the process for reimbursements and what affected users need to do next to claim their funds. Autofarm — Venus reimbursement page. Front-End developments Landing page, If you have visited autofarm.network in the past month, you probably already know, but: the new landing page has been deployed! This means that you can now easily browse through all the newest and hottest available pools on autofarm. The home page will be a working process, an...
Autofarm — Venus reimbursement
Autofarm — Venus reimbursement - The time is finally here. First and foremost, we want to thank our community and the Venus community for helping out in returning the funds by voting on the VIP. We feel just like all affected users that this issue has taken too long and what remains now is to refund users as quickly and securely as possible. After the successful approval of the Snapshot vote and VIP on Venus Protocol, the next step is to return the funds to all affected wallets. We are glad that we can finally move forward. Below we have set out the process for reimbursements and what affected users need to do next to claim their funds. Details There were a total of 10839 affected transactions where funds went to the Venus treasury. The amount of assets returned by Venus is 85% of the total losses from those transactions. We understand that for some users this may not feel fair, but based on the negotiations with Venus, considering the factors affecting both protocols and communities, this was the maximum amount we could get back. In light of this, and to further reimburse affected users and partly compensate for this difference, Autofarm will use 50% of AutoSAFU to provide affected users with additional $AUTO, which will be claimable as part of the refund process. Currently, AutoSAFU holds approximately 746 $BNB therefore 373 $BNB is used to swap for 416 $AUTO for this further reimbursement. This means that at the tim...
Monthly Community update #2
Welcome AutoFam to the second monthly community update! It has been a very “developing” month for the Autofarm developers :) All this is done to provide the most seamless DeFi experience for our users. Find out more about that & some upcoming developments below. — New Venus Proposal. — The long awaited new Venus proposal is live, click. Please leave a comment if you support the proposal. Next steps can be found in the earlier posted Medium article here. If you support the proposal and want this to pass, make sure to buy some $XVS and stake & delegate to vote on the proposal. (more info about this in the article) — New Chain integrations. — Last month we integrated 3 new EVM compatible chains, tallying up the total of supported chains on Autofarm to 19 currently! Evmos integration The Evmos launch took place on the 22nd of July and was shortly afterwards followed by the Nomad Bridge hack which affected the entire Evmos Ecosystem. Therefore, the current Diffusion Evmos vaults on Autofarm are currently deprecated. Autofarm is monitoring the situation closely with the Evmos team and we will update about these vaults when we have more information on the matter. Read more about the Evmos integration here. Wanchain integration For the Wanchain integration which happened just days after the Evmos integration, we have partnered up with the entire Wanchain Ecosystem. We are currently still lookin...
New Autofarm proposal for Venus Refund Plan
Autofarmers! We understand that it has been a difficult time for affected users. The time is finally here where we can move forward; Autofarm has been coordinating the new refund plan for the last few months.We wanted this problem solved with the best solution for all affected users and both communities. The Venus Team has agreed to launch a Snapshot vote and let the community decide on the proposal. The team will be supporting us by rendering technical support and facilitating the Venus Improvement Proposal (VIP) on their platform if the snapshot vote is passed. Details of the new proposal can be found over here. You can show your support for the proposal by commenting on the Forum. What rests now, is for all users of both communities to vote on the new proposal to return the funds to the affected users. Stake Snapshot = 17:00 UTC 18 August 2022 Why is this deadline so important? We’ll explain below! — Proposal & vote specifications - Venus team has declared they will launch the Snapshot Proposal vote on 18 August 2022 17:00 UTC;, To be eligible to vote, $XVS needs to be staked in the Venus $XVS vault before the snapshot (app.venus.io);, The snapshot for the staked $XVS is at the moment the proposal launches. This means the Snapshot time for the proposal will be at 18 August 2022 17:00 UTC;, If you want to vote on this proposal & governance, make sure you have staked in the Venus $XVS vault before this...
Autofarm adds KCC to the list of chains!
The devs at Autofarm just keep delivering! We are proud and excited to announce the start of this huge collaboration with the entire KuCoin Community Chain (KCC) ecosystem. KCC is our third chain integration in a month, tallying up the total to 19 EVM-compatible chains! About KCC The KuCoin Community Chain (KCC) was developed by fan communities of the KuCoin exchange and its native KuCoin Token (KCS). This decentralised public chain was designed to enable faster transactions with more cost-effective network fees and thus has the purpose “To accelerate the flow of value around the world without boundaries”. The mainnet launch was in June 2021 and the entire chain currently holds 55M+ TVL over 70+ projects. Take a look at the KCC Ecosystem here! About KuSwap KuSwap is the community-driven AMM on KCC and one of the winners of the Unicorn contest held by the KCC ecosystem last year. KuSwap is currently around for over a year and brings approx 3M TVL to the EVM compatible chain. This can be seen at all their products which all have a community focus: it consists of a Launchpad, a Lending Platform, a truly decentralised NFT Marketplace, and KuDrops — a built-in element of KuSwap that is designed to promote information campaigns, community development, and to maintain the community at its best at all times. Through KUSDAO — KuSwap’s governance platform where holders stake on proposals and contribute to making the K...
Welcoming Wanchain to Autofarm!
gm AutoFam :) It has not been too long since you’ve last heard from us regarding adding a new chain. And we have more news for you. Autofarm is excited to announce Wanchain as our 18th chain and as with Autofarm’s mission to be completely chain-agnostic, we are thrilled to be bringing users a brand new chain to start optimising their yield on! About Wanchain Wanchain is both a sustainable Layer 1 PoS blockchain and a decentralised blockchain interoperability solution. The Wanchain Layer 1 PoS blockchain is a full Ethereum-like environment that works with industry standard Ethereum tools, DAPPs and protocols. And that is where autofarm comes into play. With adding the 2 biggest DEXes, autofarm will play a big role in the current ecosystem being the to-go-to yield optimizer on Wanchain. About WanSwap WanSwap is an Automated Market Maker (AMM) and a decentralized exchange that’s part of a new ecosystem that allows for trading, compounding and yield farming. But WanSwap is more than just a simple DEX! One issue that modern DEXs face is that tokens being traded should be native to their chain. For example, UniSwap, one the most used ones, is based on Ethereum and therefore, only ERC-20 compliant tokens can be traded on it. WanSwap solves this issue by creating a wrapped token for each pair. To assist people who want to convert the wrapped tokens back into the pegged original ones, users can head over to the WanBridge. Some...
Evmos is now integrated on Autofarm!
Howdy AutoFam! We are proud to announce the launch of the 17th chain on Autofarm and welcome the Evmos community with open arms. Bear market is BUIDL market, that’s a thing you don’t have to tell our developers twice. With adding the Evmos chain we get another step closer to being the one-stop shop in DeFi. About Evmos Evmos was the first IBC-enabled EVM (Ethereum Virtual Machine) compatible blockchain built with the Cosmos-SDK. Launched in late April 2022 and with a current TVL of +8M spread out over 10+ dApps, it is bound to be a big player in the DeFi scene. About Diffusion Diffusion is an Automated Market Maker (AMM) protocol and liquidity pool designed for efficient trading between crypto-assets. The trading activity on Diffusion captures fees as revenue for liquidity providers, resulting in a decentralized market and trading experience. Launched just recently on April 28, with an approximate TVL of 3M and a trading volume of >100M in under 100 days (!) Diffusion is the biggest DEX on Evmos currently. Links dApp: https://app.diffusion.fi/ Docs: https://docs.diffusion.fi/docs/ Blog: https://medium.com/@diffusion_fi Twitter: https://twitter.com/diffusion_fi New Vaults$EVMOS — $DIFF$DIFF— $USDC$EVMOS — $USDC$EVMOS — $ETH$EVMOS — $OAV Vault Fee StructureController fee: 0.5% on profits to controllerPlatform fee: 1% on profits to platformEntrance fee: < 0.1% on capital to poolWithdrawal f...
More Auto (#AUTO) News
|Silver Proponent Predicts Medium-to-Long-Term Prices of $125 Per Ounce T...
Silver prices have been hovering just below the $21 per troy ounce mark over the last 24 hours, after jumping above the $24 range in mid-January. While long-term and modest forecasts expect silver to hit $30 by 2025 and $40 by 2027, Keith Neumeyer, CEO of First Majestic Silver, thinks medium to long-term, silver could reach $125 per ounce, thanks to the automobile industry.Keith Neumeyer Highlights Silver's Role in the Growing Demand for Renewable Energy and Electric Vehicles
The precious metal silver is down more than 12% against the U.S. dollar since mid-January when it reached $24 per troy ounce. Still, six-month statistics show an ounce of silver is 14% higher than it was on September 6, 2022. According to the forecast on coinpriceforecast.com recorded on March 6, 2023, silver's price will 'hit $30 by the middle of 2025 and then $40 by the end of 2026.'
SILVER chart by TradingView
The prediction also expects silver to rise to '$50 within the year of 2028, $60 in 2030, and $75 in 2032.' While that's modest growth over the next decade, silver proponent and CEO of First Majestic Silver, Keith Neumeyer, has a more bullish outlook.
Neumeyer spoke with Michelle Makori, lead anchor and editor-in-ch...
|Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto ...
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt support account abstraction or delegable accounts, the financial services company implemented a delegable accounts solution on Starknet, the L2 blockchain network.Visa Develops Account Abstraction Using the L2 Ethereum Scaling Solution Starknet, Payments Company Envisions a Future With Programmable Money
On Dec. 19, 2022, Visa’s Crypto Thought Leadership blog published a post written by Andrew Beams, Catherine Gu, Srini Raghuraman, Mohsen Minaei, and Ranjit Kumaresan. Visa's subject brief is about “auto payments for self-custodial wallets,” and Visa shows that it is possible to leverage Ethereum to execute auto-payments from a self-custodial wallet solution. However, the concept utilizes account abstraction, a feature that Ethereum core developers are currently debating.
“Account abstraction (AA) is a proposal that attempts to combine user accounts and smart contracts into just one Ethereum account type by making user accounts function like smart contracts,” the Visa blog post details.
In order to bypass the issue that AA is currently not feasible using Ethereum’s layer one (L1), Visa crypto researchers have summarized how they can accomplish aut...
|Fintech Makes Moves Into the Auto and Home Repair Industries With FixxFi
PRESS RELEASE. Dublin, Ireland, 8/29/2022 – One of the arguments against cryptocurrencies has been, 'What's the point of having a currency if you can't use it?' While many projects are trying to establish utility for their tokens outside the world of blockchain, not many companies use or accept them. That is about to change.
Fabio, the co-founder of FixxFi, had a career in finance, trading currency and Forex before taking over his family's successful auto-repair business in Torino. He quickly discovered that customers increasingly had difficulty paying for their auto repairs. This put a squeeze on the business as customers would negotiate prices, ask for payment plans, or just not do the repair. It was through his repair business that he met his co-founder, serial tech entrepreneur Andrew, and FixxFi was created.
Repairs are an inevitable part of life. Auto and home repair needs are an all-too common occurrence, but not everyone's budget allows for these often costly events. Repairs can have a destabilizing effect on household cash flow, and research shows it does not just affect low-income earners.
Current financial products are lacking and burdened with outdated, inflexible options. As a result, repair businesses are often forced to take up the slack with discounts or sub-par fixes.
Fast forward to today, FixxFi has developed an innovative Fintech platform that provides embedded finance solutions for the independent auto and home repair industries. Funding for unexpe...
|Solidproof Obtains Licenses for its Transformational Auto Audit Tool Sol...
[PRESS RELEASE - Handewitt, Germany, 3rd March 2022]
Solidproof is proud to announce that they have secured licenses for their auto tool, which has the potential to take DeFi auditing to the next level. The tool’s beta version is available to dedicated parties who will help with testing and final development.
Dubbed the Solidproof Automated Audit Tool (SAAT), the newly-launched product seeks to speed up the audit process, allowing the firm to bring certainty to multiple blockchain projects. SAAT introduces advanced code analysis that is much more efficient at finding loopholes and inefficiencies than manual tests.
The auto tool can scrutinize complex smart contracts and flag serious vulnerabilities such as timestamp dependencies and DOS attacks that hackers can exploit. The solution is designed to run tests that simulate actual transactions to examine how the protocol reacts to different real-life scenarios.
The Solidproof founders launched their DeFi security solution to secure billions in user funds locked in various DeFi protocols. Per a report from leading blockchain data platform Chainalysis, the sector is plagued with rug pulls and other scams that remain the biggest threat to trust in the crypto sphere.
To protect DeFi investors from crypto-based crime that generated revenues close to record highs in 2021, Solidproof introduces unique audits and KYC procedures made in Germany. The firm’s solutions have helped secure 350+ protocols, building confidence in De...