ACRE Price Today
Arable Protocol price today is $0.006114991414 with a 24-hour trading volume of $1,379.77. ACRE price is down -3.1% in the last 24 hours. It has a circulating supply of 180 Million ACRE coins and a total supply of 1 Billion. If you are looking to buy or sell Arable Protocol, Pangolin is currently the most active exchange.
What was the highest price for Arable Protocol?
Arable Protocol hit an all time high of $0.501675 on Feb 21, 2022 (4 months).
What was the lowest price for Arable Protocol?
Arable Protocol had an all time low of $0.006065342955 on Jul 05, 2022 (1 hour).
What was the 24 hour trading volume of Arable Protocol?
The 24 hour trading volume of Arable Protocol is $1,379.77.
Where can Arable Protocol be traded?
Arable Protocol is a synthetic yield farming protocol that is dedicated to helping yield farmers access multiple blockchains (such as Ethereum, Avalanche, Solana, Cosmos or Polygon) assets and yields on a single chain. The biggest challenge in earning high yields in the DeFi space is the need to bridge assets across chains, requiring constant bridge fees that limit returns. Arable is changing that by providing the first single chain platform that enables multi-chain farming. The platform is supported by incentivized collateral providers (aka. stakers or minters) for synthetic assets. Users receive the same rewards as they would on native chains.
Many different blockchains are now supporting liquidity mining pools and providing incentive mechanisms, but the transfer of the assets between different chains takes time and fees and requires chain and bridge specific knowledge. This is leading users to feel confusing which chain to stick on for yield farming. Synthetic assets are essentially tokenized derivatives to support people to buy or sell specific assets on native assets’ price.
ARABLE’s goal is to provide an environment where yield farmers can access all the crypto farming assets on a single chain, where the users receive the same rewards as they would on native-chains. The environment is supported by incentivized collateral providers (aka. stakers or minters) for synthetic assets.