The SmartCoin roadmap dates back to Q3 2021, with the tokenomics, investment strategies, and platform mechanics set to evolve in each phase. SmartCoin has regularly tweeted “clues” to encourage the community to DYOR (do your own research). One clue is that “wallet reputation” will be an important factor in determining future rewards. Reputation scores are a new concept in crypto, and speculation on the implications have run rampant in the official SmartCoin community. The SmartCoin (SMC) price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.
- SmartCoin announced on Twitter that the winner of their game may be in store for an 8-figure prize, an enticing carrot for current and future players to follow the clues of the SmartCoin game.
- SMC is down -1.95% against Ethereum and down -1.06% against Bitcoin in the last 1 month.
- Rumors are circulating that SmartCoin plans to invest over $500,000 on marketing and promotions.
- Whatever the future holds for SmartCoin and it’s impact on the crypto space as a whole, rest assured the story will be an interesting one to follow.
- When SmartCoin prices begin to trend down, SmartCoin employs a booster mechanism, which increases the APR% yield, enticing yield farmers to increase TVL, again.
The project has many in the Defi space paying close attention for what’s next. Check out the top yield farming tokens by market capitalization. Reports with all summary records are available here.
SMRT and SMRTr direct 100% of internal LP tokens to RugDoc for a 90-day block, an aspect that adds another layer of security to the network. High-reputation wallets (lol @ wallets that transfer $smrtr to another wallet). Are the devs tracking SmartCoin buys and sells or when players remove or add https://cryptolisting.org/ to LP? It’s even been posited that SmartCoin may be collecting social handles tied to the wallets, and tracking social media behavior. To check SmartCoin (SMC)’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
SmartCoin price in US Dollar has increased by 0.00% in the last 1 month. SMC is down -1.95% against Ethereum and down -1.06% against Bitcoin in the last 1 month. SmartCoin (SMC)’s price today is US$1.08, with a 24-hour trading volume of $N/A.
Bollinger Bands are a set of trendlines used to determine when prices are high or low relative to a moving average. When SmartCoin prices begin to trend down, SmartCoin employs a booster mechanism, which increases the APR% yield, enticing yield farmers to increase TVL, again. In a recent phase, SmartCoin announced a memecoin airdrop to all liquidity providers sometime in November. Other announcements have included single-sided staking, leaderboards, podcasts, and a big marketing rollout. The developers of SmartCoin are doing their best to make the company’s mission a reality.
SmartCoin Price & ROI on this Date
Specifically, the developers aim to provide the community with an innovative, exciting and easy-to-use yield farming aggregator protocol, while guaranteeing stability and security of the platform. According to the team, SmartCoin entered the market smartcoin price with an innovative self-feeding tokenomics system and a fair launch. The amount of SmartCoin (SMRT) is constantly increasing and distributed among the community in the form of massive booster mechanics and economic stimulus incentives.
Team funds as well as Treasury funds are distributed at the same rate as LP farms. Firstly, to provide a stable, safe, and most importantly – profitable experience for those keen on pursuing high APRs. And secondly, to completely break the DeFi financial system and fill the unmet needs of the industry. This website is using a security service to protect itself from online attacks.
SmartCoin’s game theory derives from (3,3), a concept that may be familiar to Olympus Dao enthusiasts. In essence, if everyone interacting with the SmartCoin protocol were to cooperate with each other, it would lead to the most profitable outcome, and vice versa. SmartCoin ingeniously weaves this concept into their viral marketing and memes with references to the recent blockbuster Netflix show “Squid Game,” whose players relied on cooperation to succeed. Founded in 2018, SmartCoin (SMRT) is a multi-phase yield farming protocol deployed on Avalanche (AVAX) – a layer-1 blockchain. Smartcoin functions as a platform for decentralized applications & custom networks. By teaming up with Avalanche, SmartCoin has relied on fast and cheap transactions.
The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Whatever the future holds for SmartCoin and it’s impact on the crypto space as a whole, rest assured the story will be an interesting one to follow. Rumors are circulating that SmartCoin plans to invest over $500,000 on marketing and promotions.
If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies. SmartCoin (SMRT) is listed on Trader Joe – a one-stop-shop decentralized platform on Avalanche, where DEX services are combined with DeFi lending to offer leveraged trading. The exact identities of the core team have been privately revealed to RugDoctor via their KYC verification process, so a degree of founder authentication does exist. SmartCoin announced on Twitter that the winner of their game may be in store for an 8-figure prize, an enticing carrot for current and future players to follow the clues of the SmartCoin game.
Additionally, SMRT belongs to the deployed MasterChefSmartCoinV2 contract, which belongs to the developer key. According to the developers, in the near future, the platform will be prepared for the transition to a DAO-oriented approach with multiple signature solutions. The company did not conduct pre-sale or private sales of SMRT tokens.
In October 2021, SMRT reached the emission limit of 1 billion coins, which marked the beginning of the next platform stage – SmarterCoin (SMRTr), and all SMRT holders were able to get early access. Even crypto legend and CEO of Three Arrows Capital, Su Zhu, has chimed in with his take on SmartCoin, calling the project, “One of the most fascinating social experiments I’ve seen in recent times.” The capital for these “SmartBuys” is supplied from a third innovation aptly named “DumbFee.” SmartCoin charges a 7% penalty to liquidity providers when they exit their position from the pool. From that 7% fee, half (the AVAX tokens) fund SmartBuy, supplying it with capital to submit large buy orders. The other half (the SMRTr tokens) is sent to a burn address, slowly removing token supply from the SmartCoin ecosystem. SmartCoin price today is $ 0.0₅5701 with a 24-hour trading volume of $ 0.00, market cap of $ 165.86, and market dominance of 0.00%.