|All Time High:|
|Market Cap: |
|The price of #MOD today is $0.25 USD.|
The lowest MOD price for this period was $0, the highest was $0.250, and the current live price for one MOD coin is $0.24993.
The all-time high MOD coin price was $7.00.
Use our custom price calculator to see the hypothetical price of MOD with market cap of BTC or other crypto coins.
|The code for Modefi crypto currency is #MOD. |
Modefi is 2 years old.
|The current market capitalization for Modefi is $3,888,928.|
Modefi is ranking downwards to #1164, by market cap (and other factors).
|There is a modest daily trading volume on #MOD.|
Today's 24-hour trading volume across all exchanges for Modefi is $54,901.
|The circulating supply of MOD is 15,560,304 coins, which is 71% of the maximum coin supply.|
Note the limited supply of Modefi coins which adds to rarity of this cryptocurrency and increases perceived market value.
|MOD has very limited pairings with other cryptocurrencies, but has at least 1 pairing and is listed on at least 2 crypto exchanges.|
|Note that there are multiple coins that share the code #MOD, and you can view them on our MOD disambiguation page.|
Maximizing Efficiency and Security: A Look into Modefi’s Latest Development Updates
Modefi has been making strides to revolutionize the way we access and use data in the decentralized finance and blockchain space. Over the past few months, starting from the private beta launch in September, the team has been working tirelessly pushing over 300 commits a month(SOL averages 239 commits/month with 100+ contributors) to bring you the latest advancements in decentralized data solutions. From major improvements including the introduction of a soon to be released, optimized consensus algorithm (more on that below), to smaller optimizations and improvements, the team has been dedicated to putting Modefi at the forefront of the Oracle industry. We are excited to share the progress we’ve made and thank everyone who has participated in our beta program. The feedback and support have been invaluable in helping us refine and improve our platform. So, without further ado, let’s take a closer look at the updates and advancements we’ve made during this time. — Consensus Update! - We are thrilled to announce that our On-Demand Oracle is undergoing a major upgrade to improve its data validation process. Our team has been grinding every day to implement a new consensus mechanism that will prevent unnecessary slashing and inconsistent data formatting. This new solution will ensure that users have a seamless experience while providing data and will build more confidence in the ODO as a trusted source of information. ...
Welcome to the Launch of the Modefi On-Demand Public Beta!
READ THIS FIRST - First and foremost you will need to add the Fantom Testnet to your metamask. You can find details at the end of this article on how to do so. After connecting to the Fantom Testnet, deposit your MOD tokens into the platform ( beta.modefi.io ). You can do this by clicking the avatar on the top right corner and selecting “Deposit Tokens”. Please DO NOT deposit your $FTM at this time, only your $MOD. Once deposited there is a 24 hour waiting period till you are able to validate. The sooner you do this the better. The intention of the initial beta is to get as much feedback from everyone as we can, as well as reward you for your hard work. — Earning (Real) Rewards - The beta will have a few options for you to earn some extra rewards during the initial beta process. Those options are as follows (more may be added later): ODO tutorial scavenger hunt, Create a unique contract, Create your own scavenger hunt, Game the system contest, Create a contract with your favorite events/sport/team/etc, Validate all the things!, Tutorial Scavenger Hunt The team will create a scavenger hunt using the ODO to train you on how to use the system. We have selected many parts of the ODO we think are essential to know and master the system. We will also create supplemental videos to help you through your first experience. If you think we missed anything in this general overview/tutorial/videos, please feel free to ...
Official Release Date Announcement
The Time has Finally Come! - The entire team has been hard at work for a very long time and the patience from our fantastic community and supporters couldn’t have been more positive and appreciated. Thank you, to everyone! We are thrilled to officially announce the launch date of the brand new, from the ground up, customizable On-Demand Oracle (ODO) Beta! — How Will The Launch Work? - We have decided to release the beta in two stages. Both stages will have incentives built-in, designed to help users learn how to use the platform and how to build within it. Sept 1, 2022, we will release private beta access to the MOD Squad. This will allow our top crypto experts and most engaged community members to experience the ODO first. If you are not part of the MOD Squad and feel that your talents could be utilized during the beta please, let us know here. Sept 15, 2022, we will release the public beta access to everyone. The objective of this release is to give any and everyone access to the most powerful Oracle tool in the crypto space. At this point of the release, we will have perfected the learning experience and will have additional ideas from the MOD Squad on how the community might like to utilize the platform and expand on it. — Modefi Staking Program - The Modefi Staking Program has served its purpose and will no longer be active. However, users will still be able to earn those sweet, sweet $MOD rewards wit...
Update 7–Development and Staking
While the entire cryptosphere is screaming “BEAR”, we aren’t concerned the slightest bit. We don’t have time to waste worrying about something that will be irrelevant since the volume and demand for MOD will be driven by the On-Demand Oracle once live. When we reveal the On-Demand Oracle on the Modefi Platform, it will be bear-proof, recession-proof, and housing bubble proof (although MOD isn’t a house, clearly, but we will cover that sector as well, rise or fall). Why will the Modefi ecosystem be immune to major market swings? The On-Demand Oracle (ODO) won’t be stuck being just a price feed JSON parser. Oracle’s have so much more potential than that. The ODO is a set of smart contracts, custom API, and a web front-end designed and built from the ground up that provides a fully-customizable oracle solutions that can be used by any and all industries for limitless requests. Scale to whatever number of datasets suits your need. We got you.Alright, great you made something cool…now what? Since the ODO is fully customizable it will allow “you” the user to setup everything however you please. — Decentralized Wagers. — Want to set up a wager with a few friends online? *cough* Do Kwon Wager *cough*. We got you covered (5–10 minute setup). Decentralized, P2P, and no “trusted” escrow required. — Decentralized Tournaments. — You stream? Set up an entire tournament with the ODO, mu...
Update 6 – 1.233 Million Lines of Code Later
Outline Code Update Modefi’s Future Development Update Git Comparison Activity Completed Development Items Items in progressCode Update Currently, we have several different developers pushing front-end, back-end, and contract code out from scratch every day! According to the GitHub tracker CryptoMiso, Modefi is pushing more development than some of the largest projects in the space including Solana, TrustWallet, and Chainlink — More on this below. Recently, we had Jesse (our CTO / lead dev) and our platform developers calculate all of the code they have personally written and pushed to date. Jesse’s Code (Smart contracts) Front-end + Back-end Dev’s Code Officially, Jesse has pushed 1.153 million lines of code building towards the most intuitive, secure, and optimized platform possible. Yes, that’s 1,153,305 lines of code. So we decided it was time for Jesse to get a new keyboard to optimize his throughput as he was pushing his old setup so hard that keys were starting to melt. 🔥🔥Modefi’s Future When we told you the platform would encompass entire industries, we meant it. Long days have been spent debating topics such as design, ease-of-use, disputes, timelines, cancellations, the list goes on. Going through them with a fine-tooth comb to ensure the Oracle could capture as many use cases as we could think of, as well as more general aspects that will help future ideas flourish. The On-demand Oracle is ...
Modefi Introduces Staking on SpookySwap (Fantom)!
We are excited to announce the next step in our multi-chain staking of $MOD. The next round of staking will be on the Fantom Network on the decentralized exchange SpookySwap. There are a few reasons why we have decided to change the exchange our liquidity will be on. - TVL: Spookyswap $748 million vs SushiSwap 10.5 million - 24 Hour Volume: Spookyswap $151 million vs SushiSwap $54 thousand These numbers will allow us to have more eyes on MOD and save everyone money on possible slippage. We will also be switching from the MOD/FTM pair to the MOD/USDC pair. This will lead to less impermanent loss for users. The staking contracts will officially open for deposits on December 22nd at 9 PM UTC. The Fantom staking dashboard is available at https://dashboard.modefi.io/Important: Staked tokens will be locked for the 90 day duration. The first staking period will run for 90 days, rewards over these 90 days will be as follows:36,000 $MOD for $MOD Staking90,000 $MOD for MOD/USDC-LP Staking Your rewards will be proportionate to your staked amount. Start staking early on to see the best results. All stakes will be locked in for the 90 day duration.How to add the Fantom RPC to your wallet Visit https://dashboard.modefi.io/ and select the button under “Fantom Network Staking” Your Metamask will prompt to “Allow this site to add a network?”. Select “Approve”, then “Switch Network”. You are now successfully connected to th...
Update 5— Light at the end of the tunnel
It’s time again for another update. We are inching closer to the Beta Testnet release of our On-Demand Oracle and we can finally see the light at the end of the tunnel! We’re Hiring! Scroll down for more details.Development UpdateCompleted Development ItemsUI flow enhancementsOptimizing modal title descriptionsOptimizations for allowing the use of fractionsAddition of validation inputsAutomated removal of groups not in useFix output of ordered list of valuesAllow individual datasets to have specific URL endpointsEstimate deployment gas costs for contract creationCalculate and display total cost breakdown of deployment including provider rewardsAddition of hyperlinks to data URL’sAddition of security rating sliderSupport for default local time zone and time zone pickerGrey out or remove non relevant buttons or optionsUI enhancements for staking dashboardAdd ability for user to crop avatarAddition of staked amount on users profileUsername must be uniqueUsername character limitTesting of the consensus failure algorithmNetwork detection and addition on MetamaskItems in progressAddition of direct fiat on-ramp for users (lowering barrier of entry)Event deployment security reviewUI user flow optimizationsAllowing deployed events to be visible on the validation interfaceImplementation of decimals and fractions for data requestsAdd descriptive feedback for error messagesWalletConnect integrationAddition of blac...
Update 4 — Full Steam Ahead
Update 4 — Full Steam Ahead 🚂 It’s time again for another update. We have been working hard behind the scenes to get everything ready for launch, we’re nearing the final stretch and it feels amazing!Recent Announcements MOD Squad exclusive access group On-Demand Pre-Release Demo Prediction Markets Development Staking Updates Epic Community Member Twitter ThreadDevelopment Update — Completed Items. — Implemented + tested the main system contract (handles the staking of collateral)Implemented + tested the peripheral supporting contracts (handles aggregating and storing Providers’ history and reputation plus additional support for the main system contract for staking)Implemented + tested a finite circular queue to store a linearly-decreasing weighted history to aggregate both short and long-term trends in a user’s history.Finished the design and implementation of the consensus failure algorithm (in testing)Added ability to delete data requests before deployment is finalizedBetter user flow for adding new groups for dataIntegrated all of the above changes into the contract generatorUI design and development underway for “Standard Oracles with Funds pool manager” — Think turn-key tournaments and wagersUser profile added with stats, optional avatar, and usernameUser sign-in only required for On-Demand DashboardMain website content finalized — Items in progress. — Testing s...
Update 3 — Spoiler Warning: On-Demand Sneak Peak
Update 3 — Spoiler Warning: On-Demand Sneak Peak Make sure you don’t miss the first preview of the on-demand oracle in this article and the introduction and invitation to the exclusive MOD Squad. We have reached a few more milestones in the development and marketing since the last update. Here is a summary.Marketing updates / Community involvement Introducing the MOD Squad! $1000 up for grabs. Exclusive sneak peaks and unprecedented access. Join our exclusive membership, more details here. https://twitter.com/Modefi_Official/status/1435722786035716096?s=20Staking Updates Modefi will be switching from a 30 day to a 90 day locked staking period for the next staking rounds on Fantom and Matic.Prediction Markets Development User generated prediction markets are coming to Modefi! By specifying a few basic parameters in our prediction market interface anyone can create wagerable events. These wagers could involve crypto prices, sporting events, award shows, election results, and more. Because the outcome of the event is determined by decentralized consensus all participants can be assured the terms of their wager will be fulfilled safely. Cryptocurrency allows near instant settlement with no KYC required.Modefi On-Demand Oracle Demo We are extremely excited to share the very first visual demo of the eagerly awaited On-Demand Oracle system. In the demo you will see how it can be utilized to bring data from a UFC event...
Do you have what it takes to join the MOD Squad?
Hello Earthlings! My name is Mod-erator, ruler of Modefia (Well, soon to be ruler…again). The planet has been taken over by some horrible creatures, called the Fudders. These Fudders have no place on my planet, and I need your help! I have been traveling through the galaxy for years, searching for the perfect allies to help retake what is rightfully mine! Or should I say, ours! Modefia! As I was flying past your odd planet, my spaceship detected a significant amount of passion, loyalty, bravery, and willpower. These traits are exactly what I need to help me complete my quest. I will be recruiting a select group of your kind for my MOD Squad. In order to make my selections, I must test applicants with a series of missions. If you would like to apply for the Mod Squad, please fill out the form linked below and complete the tasks listed within. Even if you are not selected for the Squad, there are still prizes and rewards available to be won just by applying. Be sure to complete the entire form to see how you could win a share of $1000 MOD from the prize pool! Don’t forget to share with your friends/followers. https://forms.gle/wX6ibPUMwBcT91uT7 Once you are accepted to the Mod Squad, more missions will follow. By completing these missions, you will help Modefi become stronger and earn points that can be redeemed for rewards. I look forward to choosing the strongest applicants among you. Now let’s get down to the task ...
More Modefi (#MOD) News
|An Nvidia RTX 3090 Mod Could Reportedly Make GPU Crypto Mining More Effi...
A PC gaming electronics researcher made headlines in the PC world this week after finding a way to boost the computational efficiency of the Nvidia RTX 3090 card per kWh. That could save the GPU crypto mining community some coin on the electric bill.
In Chemnitz, Germany, a one-man hobbyist PC gaming researcher by the name of Igor Wallossek recently found a way to cut the power consumption of the Nvidia RTX 3090.
A report about the home lab electronics caper by Hassan Mujtaba for WCCF Tech explains why this is a breakthrough for anyone who uses the GPU:
“NVIDIA's GeForce RTX 3090 Ti graphics card is without a doubt the most power-hungry graphics card ever launched, sipping over 500 Watts of power and requiring insanely massive GPU cooling solutions to keep the heat in check.”
Of course, cryptocurrency industry watchers know it’s not just full-time gamers who stand to save some money if Igor’s efficiency mod to the chip is replicable by others.
Unless they’re using the ASIC chips specially designed to mine cryptos like Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), Bitcoin Cash (BCH), Monero (XMR), Zcash (ZEC), and others— GPUs remain the most effective way to mine cryptocurrency.
Igor Labs Mods Nvidia RTX 3090 for Big Efficiency Boost
Out of the box, the RTX 3090 has a manufacturer reference TGP (total graphics power) of 450W. That’s how much power the graphics subsystem requires to run the chip and keep it from over...