|All Time High:|
|Market Cap: |
|The price of #TOKE today is $0.74 USD.|
The lowest TOKE price for this period was $0, the highest was $0.742, and the current live price for one TOKE coin is $0.74162.
The all-time high TOKE coin price was $78.86.
Use our custom price calculator to see the hypothetical price of TOKE with market cap of ETH or other crypto coins.
|The code for Tokemak crypto currency is #TOKE. |
Tokemak is 1.8 years old.
|The current market capitalization for Tokemak is $10,855,318.|
Tokemak is ranked #539 out of all coins, by market cap (and other factors).
|The trading volume is medium today for #TOKE.|
Today's 24-hour trading volume across all exchanges for Tokemak is $116,436.
|The circulating supply of TOKE is 14,637,314 coins, which is 15% of the total coin supply.|
Note the limited supply of Tokemak coins which adds to rarity of this cryptocurrency and increases perceived market value.
|TOKE has limited pairings with other cryptocurrencies, but has at least 4 pairings and is listed on at least 11 crypto exchanges.|
View #TOKE trading pairs and crypto exchanges that currently support #TOKE purchase.
|Note that there are multiple coins that share the code #TOKE, and you can view them on our TOKE disambiguation page.|
All Systems Go for accTOKE and Rewards Logic Update
ccTOKE and New Reward Logic Launch Wednesday, Nov 30th. — After a seemingly never-ending series of exhausting events in the world of crypto, the core Tokemechs have been heads down in build mode, and this Wednesday, two important updates to the protocol are heading into production: An updated reward logic that will align LD voting APRs with productive liquidity deployments, accTOKE: a new staking mechanism to allow TOKE holders to earn rewards accrued by Tokemak POA deployments, — Updated Reward Logic:. — The TOKE reward logic for Token Reactor voting is receiving an important update. While the changes might not be obvious in the UI, the updates to the underlying reward logic are designed to continue making Tokemak a more robust and productive protocol. Fundamentally, the changes improve incentive alignment between Liquidity Directors and the protocol. This is a significant change that provides better optimization to support greater depth for productive deployments, resulting in increased protocol efficiency. Key Points of the Logic Updates Voting Alignment: Balancing the demand of the Liquidity Directors (LDs) with what deployments would be most efficient for the system, Performance: Optimizing rewards based on the performance of the reactors, Depth: More liquidity attracted to higher performing reactors, Performance is assessed on a historical basis (initially set at the trailing 8 Cycles). The calcul...
TOKE/ETH Curve v2 LP (Boost with Convex)
UI Update!. — The TOKE/ETH Curve v2 pool is activated and we’ve added a convenient way for Tokemechs to access providing liquidity to Curve (as well as boost their APR utilizing Convex) through the Tokemak UI at https://app.tokemak.xyz/. For the uninitiated with providing liquidity on Curve, please read the steps below carefully:“Learn more” brings you here! To this very article It’s important to first note that rewards from providing liquidity through Curve and boosting with Convex will provide CRV and CVX rewards, not rewards in Tokemak’s native token TOKE. The arrow button will redirect you to Curve’s v2 Factory TOKE/ETH pool. You’ll first get a prompt notifying that you’re leaving Tokemak’s dApp:Deposit TOKE/ETH on Curve V2 before heading to Convex via the “Deposit Curve LP” button Once you reach Curve’s TOKE/ETH deposit page, you’ll see a few options for providing liquidity: adding tokens in a balanced fashion (similar to providing liquidity on Sushi) or providing the maximum amount of tokens available in your wallet. Curve v2 allows for users to deposit tokens in varying ratios, unlike Uni v2/Sushi’s usual behavior of providing a 50/50 equivalent in tokens.Select only deposit in order to receive your tokeethCrv LP tokens, used to deposit on Convex In order to take advantage of boosting your rewards over at Convex, you’ll want to ensure you simply “Deposit,” and not choose the ...
┻┳ The ACCretion
The next phase of Tokemak is all about growing our PCA (protocol controlled assets). The PCA concept encompasses both the value of the portfolio the protocol owns (the so-called PCV or protocol controlled value) as well as the actual portfolio make-up or diversification. — Intro. — In order to achieve rapid growth of the PCA, Tokemak is launching accTOKE, the ACC token, and a refined reward logic. All three will work in concert to achieve rapid growth of the PCA, improve the utility and efficiency of our liquidity, reduce emissions, and serve as the gateway into expanded protocol governance. This article aims to provide the reader with a complete overview of how the different components work together. — Current Reward Logic. — A reminder of the logic behind the current reward system will be helpful in order to fully understand the changes. Please refer to this Medium article for details about the reward equations. In short, the three reward buckets (Liquidity Directors and both the Liquidity Provider groups across Pair and Token Reactors) are allocated to the individual Reactors based on the relative size of their pool within their category for LPs and across all reactors for LDs. The actual amount paid out to both the LDs and LPs within any given Reactor is then determined by the balance of LP and LD. The full amount is only paid out if the Reactor is perfectly balanced. Examining the ABC Reactor in ...
┻┳ A Few Upcoming Milestones for 2022
C.o.R.E.3 Vote Completion and Reactor Activation. — C.o.R.E.3 ends Monday, May 9th at 7PM UTC (12PM PT). You can add, remove, and change your votes until then, but remember: staking TOKE for additional votes takes up to ~15 minutes to appear, so if you’re adding last minute, be sure to factor that into the equation. When C.o.R.E.3 ends, we’ll announce more information about firing up the new Reactors. — Analytics Dashboard + Tokemak.xyz Splash Page. — We’ve nearly completed a comprehensive Dune Analytics dashboard detailing Tokemak’s treasury, PCA, and deployments that can be monitored in real time. This will be released imminently. We’re also in the process of developing and releasing an informational splash page prior to entering Tokemak’s dapp, which will provide an easy-to-digest high level overview of the protocol, and specifically why DAOs would want to utilize Tokemak’s infrastructure as a liquidity solution. We believe there simply isn’t enough information readily available on the website as it currently stands to help new users understand Tokemak’s use case and potential, and we hope this remedies that. — Little by Little, More Governance. — While the system designed for choosing Token Reactors through C.o.R.E. is a great tool for active participation in Tokemak governance, our goal is to progress towards deeper governance at large. Tokemak is a complicated beast, and ...
C.o.R.E.3 Voting Begins This Monday, May 2nd
Attention Tokemech Pilots that may have had one too many in the Leaky Reactor: we know those Offworld Carajillo’s are tasty but it’s time to sober up and report for duty. C.o.R.E.3 is rapidly approaching and voting starts this Monday, May 2nd. — An Ice Cold C.o.R.E. Refresher for a Groggy Pilot. — C.o.R.E., short of Collateralization of Reactors Event, is where TOKE stakers (as well as LP TOKE/ETH stakers) vote for the next round of Token Reactors. A friendly yet competitive governance event where communities are known to rally around their preferred protocols / token projects to try to kickstart a Token Reactor for active liquidity deployment. The event lasts one week (ending on May 9th), and only the top five Reactors to receive the most votes will progress to the Reactor activation phase.Select the C.o.R.E. tab at the top of the UI to access the voting page. If you’ve participated in a C.o.R.E. before, you’ll find a familiar interface (seen above) where your votes can be submitted, removed, and rearranged at any time. This is all done through an gasless wallet signature, so no worries if you’re an indecisive Pilot and want to change your votes and/or allegiances at any time throughout the week. So long as you have your TOKE or TOKE/ETH SLP tokens staked in Tokemak, your votes will auto-populate and you’ll be ready to start allocating at the start of the event. You can add votes at anytime by stak...
TOKE Emissions Update April 2022
Phase 1 Effective April 13th, 2022 Update: Tokemak has reached a point where we are now able to proceed with the next stage of our emissions. These forward thinking modifications will set us on a trajectory of sustainable emissions with the ultimate goal of benefitting the Tokemak protocol and its community. Completion of the first phase will reduce TOKE emissions by 23%. In concert with our CRV/CVX strategy our TOKE/ETH liquidity will become increasingly efficient and will ultimately become self-sustaining. The analysis performed also included a review of which emission groups tend to use their rewards actively in the system. Therefore we believe the updated approach will not only reduce emissions and lengthen the runway, but also relieve potential sell pressure in the future. — Phase 1:. — The table below outlines the changes to the weekly TOKE rewards that will take effect on April 13th (Cycle 208) — please note that this table shows the final state, not taking into account that the emissions to the Uni TOKE/ETH LPs will be decreased over time. The UI will reflect the updated reward quantities in the coming days:*Note Uni TOKE/ETH reduction will occur over several Cycles. Initial reduction of 50% in Cycle 208 LP Pair Reactors: More emissions allocated to the current most revenue generating LPs LD TOKE Stakers: Additional rewards to absorb increased LD activity from previous Sushi/Uni LP stakers Sushi ...
Tokemak Update March 2022
March of the Tokemechs Q1 of 2022 kicked off the beginning of Tokemak’s official liquidity deployment. Since the start of the year, we have:Launched the ‘pro mode’ exchange voting UI for Liquidity DirectorsBegun preliminary liquidity deployment to Curve poolsSeveral iterations of dApp / website updates and improvementsReleased two audits, one by Omniscia and another by Trail of Bits (both live now in the tokedocs)Launched the new TOKE staking contract to prepare full liquidity directionMigrated to weekly Cycles, in preparation for full liquidity direction This initial phase of liquidity deployment has been an intentional slow rollout of funds with the intention to scale gradually, and into different types of liquidity provision (stable pools, then ETH pairs, then full system deployment). At the time of writing, Tokemak has $370M worth of assets deployed to various Curve/Convex pools, including our tABC/ABC pools from Token Reactors. In addition to the tABC/ABC pools allowing users to quickly enter and exit tAsset positions without waiting for a Cycle conclusion, the Curve/Convex deployments are part of a larger strategy which was teased in the Leaky Reactor this past Sunday. You can read snippets of the strategy found on Tokemech Captain Tratium’s Tokebase Leaky Sundays coverage here. To shine some light on what’s coming next for the pilots following along, we want to give a rough outline of the next few weeks/mon...
The Conclusion of Cycle Zero: Weekly Cycles and Staked TOKE Migration
Weekly Cycles and Migration tl;drPre-liquidity deployment “phase” Cycle Zero is concluding, as we enter official liquidity deployment with active liquidity directionAction Required for single asset TOKE stakers: Starting today Feb 23, all Liquidity Directors (TOKE stakers) will have one week to migrate to the new TOKE staking contract for the purposes of officially directing liquidityNew staking contract address: 0x96F98Ed74639689C3A11daf38ef86E59F43417D3TOKE stakers in the existing contract will continue to earn rewards for one week (1 Cycle) following the new migration contract’s deployment, but after that they must be migrated to keep earning TOKEMigration is only required for single TOKE stakers aka Liquidity Directors (TOKE/ETH LP stakers and Token/Pair Liquidity Providers require no action)Migration requires a single transaction via the website (walkthrough below)Staking TOKE to the new contract no longer provides users with tTOKELiquidity Directors’ (TOKE stakers) existing votes will remain in place upon migrationCycles will now shift from daily to weekly (as originally intended when we entered active liquidity deployment)Earned rewards will be available to claim today (two days early), as we start with new weekly Cycles beginning on WednesdaystABC/ABC Curve pools are being stood up for for tAssets for each Token Reactor (with initial liquidity provided by the treasury), enabling users to get in and out of tA...
Brace Yourselves, Pilots: Tokemak Liquidity Deployment Begins
Live feed coverage of Hurricane TokemakThe Beginning of a New Era Tokemak liquidity deployment began this week, marking an important milestone for the protocol. A combined $1.5mm of UST, FRAX, and USDC have been successfully deployed from the Pair Reactors to UST-3Pool (wormhole) and the FRAX + 3Crv pool. It’s important to note that this process of liquidity deployment is beginning in a way that is carefully controlled, monitored, and gradual. This is intentional for the purposes of ensuring the security of the mechanics in order to graduate to a larger scale of deployment, and reach the stage where the team feels confident in unlocking Tokemak’s full design and potential. Thus, kicking off deployment with stablecoins into Curve pools was an obvious way to ease into ensuring the mechanisms at play are behaving as intended. — So what’s next? Wen hurricane?. — Over the next month, we plan to continue to scale stables from the Pair Reactors to Curve pools on the way to full deployment (roughly $400mm at the time of writing). Beginning in a few weeks in parallel, we’ll begin to drip assets from Token Reactors, scaling them similarly into freshly made Reactor-default Curve tABC/ABC pools. After these deployments are completed, we’ll start plugging in more wires across the whole system and start scaling liquidity into Uniswap v2, SushiSwap, Curve V2 (volatile pairs), and Balancer, based on TOKE votes by Liqu...
UI Update: Exchange Voting is Live
Pre-Liquidity Deployment Exchange Voting Now LiveExchange Voting tl;drLiquidity deployment is not live yet; this is to familiarize users with the exchange voting process before active deploymentLiquidity Directors (TOKE stakers) now have exchange-specific granularity when voting for specific Token Reactors by switching on “Pro Mode,” located above the vote input fieldInitial exchange venues available for directed liquidity: Curve (new), Uniswap V2, Sushiswap, Balancer V2 (more to be added soon)“Pro Mode” exchange voting is not mandatory for voting to a Token Reactor, and voting generally to a Token Reactor will currently default to the Curve ABC/tABC pool (for now)Each exchange tile will offer a degree of information about the health of the liquidity poolVoting for a specific exchange doesn’t affect the APR indicated per Token Reactor, the APR will remain the same no matter what level of granularity a Liquidity Director chooses, whether generalized or exchange specific (this may evolve in the future)Exchange Voting: The Final UI Update Before Liquidity Deployment The ability to vote your TOKE to a Token Reactor, and choose the exchange you prefer to direct liquidity to is now live. Although there may be tweaks, this UI update will be the precursor to active liquidity deployment.Note: active liquidity deployment is not yet live, however, and this pre-liquidity deployment phase is meant to familiarize users while...
More Tokemak (#TOKE) News
|Saddle?Finance Creates New Standards for DeFi Trading
DeFi is a sub-sector in the crypto industry that has witnessed significant innovation since its inception. However, the narrative has struggled to stay consistent, affecting the domain overall. The current bear market has wiped out more than half of DeFi Total Value Locked (TVL), hampering innovations. Furthermore, several projects have simply forked (copied) existing protocols and brought zero ideas to the market.
Amidst all of this, one project is making strides with the best innovations DeFiers have seen in a long time. Saddle Finance is the protocol that enables efficient DeFi trading for stablecoins and pegged-value crypto assets like wETH and wBTC. It redefines DeFi trading by offering cheap, efficient, swift, and low-slippage swaps for traders and high-yield pools for Liquidity Providers. The protocol has facilitated over $2B in transaction volume to date.
Enabling an Efficient and Secure DeFi Trading Experience
Saddle Finance is an AMM-based decentralized exchange (DEX) running on multiple blockchains, including Ethereum, Fantom, Arbitrum, Optimism, and Evmos. It is designed specifically for trading stablecoins and pegged crypto assets.
The platform is ideal for HODLers and newbies because of its easy-to-use interface. Its strongest point, however, is that it ensures minimum slippage while swapping assets. This is accomplished through innovative liquidity pools that use the StableSwap mathematical formula to maintain market liquidity.
The protocol is also known for it...
|GameFi platform and play-to-earn guild, Polemos closes $14M seed round
Polemos, a GameFi application and play-to-earn guild, today announced it has closed a US $14 million seed round at a $100 million fully-diluted valuation, establishing it as one of the fastest-growing entrants to the GameFi sector.
Funds will go to further developing its proprietary tech platforms, which will facilitate the lodgement and leasing of NFTs, data analytics, and educational resources for scholars, as well as investment into new play-to-earn games and growth of the team.
Contributors to the round include Delphi, QCP, Framework, Golden Tree, IOSG, and LD Capital. Notable high net worth backers include the founders of COTI, Tokemak, Sushiswap, and Altered State Machine.
Polemos anticipates significant growth in 2022 with the release of a series of high-quality games it will be supporting, including Illuvium, MonkeyLeague, and Fancy Birds. AAA-produced NFT game titles will increasingly drive gamers to the blockchain through platforms and guilds like Polemos.
“Polemos’ vision is to become one of the world’s leading DAOs and bring tens of millions of global digital asset providers and gamers together inside a unified GameFi ecosystem. With the growth of our platform, we expect to soon see thousands of guild members playing the most popular play-to-earn games.”
- Sascha Zehe, Co-Founder of Polemos
Late in 2021, Polemos released a whitepaper that revealed its strategy to build the world’s first GameFi platform to enable any individual or gr...
|Bribe Looks to Usher In DAO 2.0 With Voter Extractable Value
Community governance is a concept that hearkens back to the early days of cryptocurrency, when intrepid cypherpunks pooled resources, shared ideas, and tinkered with one another’s proposals. With everyone pulling in the same direction, but each bringing his own talents and theories to the table, the idea was that those most committed to a project were the ones best placed to influence its evolution. This principle eventually gave rise to decentralised autonomous organisations – or DAOs for short. Made up of developers, engineers, coders and regular community members, these open-source organisations were intended to automate decisions without the need for a traditional management structure or board of directions. Since Ethereum founder Vitalik Buterin touted DAOs as the holy grail of organisation types in a 2013 article, there have been dozens of DAOs deployed on the blockchain, and though each had a decision-making mechanism at its core, the overall projects were highly varied. Alas, many DAOs have been hamstrung by low voter turnout while some have suffered reputational damage due to well-publicised hacks. Reimagining the DAO Model Now, a brand-new kind of DAO is being developed by the Bribe defi protocol. In a nutshell, Bribe is a DAO tooling platform that coordinates voters into formidable coalitions and allows ‘bidders’ to borrow a larger share of a voting pool to influence proposals they feel strongly about. In exchange for lending their own vote share, each comm...
|Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protoc...
On January 6, Terra Research announced a proposal to expand the network's stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra's governance blog post discusses how the proposal to leverage $139 million of UST can bolster 'awesome use-cases' in the world of decentralized finance (defi).
Terra Research Proposes to Expand Terrausd's Reach Across 5 Protocols
At the time of writing, Terra's terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic dollar-pegged coin with $10.4 million in UST in circulation today. Furthermore, the stablecoin's market capitalization has increased 21.4% during the last 30 days. Now the team behind the Terra network wants to increase the stablecoin's exposure to five different defi protocols on three chains.
The proposal's author, Ezaan from Terra Research, explains how cross-chain UST liquidity has grown a great deal and he thinks that adding more UST to specific protocols will add 'awesome use-cases' to defi. The first UST collaboration mentioned is with the Olympus DAO on Ethereum, Solana, and Polygon. Essentially, Ezaan wants to enable UST bonds and bond $1 million UST in Olympus forever.
'Follow up posts in the Agora thread including when UST bonds are live,' Ezaan said. '1m bond transaction, bi-weekly updates on UST in the Olympus DAO treasury for two months, all three pair addresses wh...