Ascensum Token
ASM Price
Ascensum Token Price Chart (ASM)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 0.5% | 7.5% | 15.3% | 27.5% | - |
ASM Converter
Ascensum Token Statistics
| Market Cap | - Submit |
|---|---|
| Fully Diluted Valuation | $867,862 |
| 24 Hour Trading Vol | $9,284.95 |
| Circulating Supply | - |
| Total Supply | 161,457 |
| Max Supply | 251,395 |
ASM Historical Price
| 24h Range | - – - |
|---|---|
| 7d Range | - – - |
| All-Time High |
$11.64 53.8%
|
| All-Time Low |
$5.10 5.5%
|
How do you feel about ASM today?
About Ascensum Token (ASM)
Ascensum Token is the native utility and governance asset of Ascensum DAO, a decentralized autonomous organization focused on community-driven wealth creation through tiered nodes and a community-managed investment treasury.
- The token is primarily distributed through a 360-day mining process accessible to holders of tiered nodes, which serve as the project’s core digital infrastructure.
- Ascensum DAO operates a community-governed treasury that allocates funds to real-world and digital assets, such as tokenized real estate, with profits distributed back to node holders.
- The ASM ecosystem features a hyper-deflationary model driven by an automated "Stabilization Robot" that performs market buybacks and burns to support price stability.
What Is Ascensum Token
ASM serves as the center of a circular economy within Ascensum DAO. It is designed to capture value from the protocol's various revenue streams, including node sales and treasury investments. Users acquire nodes in ascending levels (from $25 to $25,600) using USDT. These nodes then mine ASM tokens over a one-year period. Value is further supported by the treasury, which invests in projects like the RAISE protocol (encrypted real estate). ASM is used for governance voting, staking, and farming. It is also the primary reward for participation in the DAO’s investment activities. The ecosystem scales through the progressive acquisition of higher-level nodes and the expansion of the treasury's investment portfolio, which aims to bridge decentralized finance with physical assets.
What Makes Ascensum Token Unique
- Tiered Node Infrastructure: Unlike simple staking models, ASM is minted through 11 distinct node levels that must be acquired sequentially, creating a structured entry path for participants.
- Stabilization Robot: A dedicated smart contract program monitors the ASM liquidity pair and automatically executes buybacks if the price falls below specific thresholds, maintaining a target value relative to its listing price.
- Integrated Real Estate Investment: Through the RAISE protocol, ASM holders gain exposure to tokenized real estate assets financed by the DAO’s treasury.
- Democratic Governance: The protocol implements a "one node, one vote" policy, ensuring that voting power is distributed per participant rather than being strictly proportional to capital investment.
What Can You Use Ascensum Token for?
- Governance: ASM holders can vote on investment proposals, treasury allocations, and protocol upgrades within the DAO structure.
- Staking and Farming: Tokens can be placed in various yield systems, including pairs with the T2 or Concilium tokens, to generate additional ASM rewards.
- Value Participation: Holding ASM provides a stake in the DAO's broader economic success, including the performance of its treasury-funded real-world assets.
- Liquidity Provision: Users can provide liquidity on decentralized exchanges like PancakeSwap to earn trading fees.
How Does Ascensum Token Work?
ASM is an application utility token built on the BNB Chain. It does not serve as network gas; instead, transaction fees on the network are paid in BNB. The protocol's core mechanism is the "TriFlux" sales system, a three-position matrix that distributes 50% of node purchase values back to the community and sponsors, while 5% is diverted to the Stabilization Robot. The Stabilization Robot uses these funds to buy ASM from the market during price dips. These purchased tokens are then moved to a rewards pool for staking and farming, rather than being immediately destroyed, though the protocol also implements a buy and burn mechanism in Phase 2 to reduce total supply.
Team Info and Investors
The project was developed by the team behind the Concilium Blockchain Ecosystem, an established Web 3.0 incubator. To ensure transparency and security, the developers have renounced ownership of the ASM smart contract and burned the initial liquidity provider (LP) tokens. No private sales, venture capital (VC) allocations, or developer-specific token reserves were included in the launch, with 100% of the supply intended for community distribution through node mining and market purchases.
Where can you buy Ascensum Token?
ASM tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Ascensum Token is PancakeSwap (v2), where the most active trading pair ASM/BSC-USD has a trading volume of $9,338.39 in the last 24 hours.
What is the daily trading volume of Ascensum Token (ASM)?
The trading volume of Ascensum Token (ASM) is $9,284.95 in the last 24 hours, representing a -49.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Ascensum Token (ASM)?
Ascensum Token (ASM) reached an all-time high of $11.64 and an all-time low of $5.10. It’s now trading -53.80% below that peak and 5.50% above its lowest price.
What is the market cap of Ascensum Token (ASM)?
Market capitalization of Ascensum Token (ASM) is -$1.00 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ASM tokens (-1 tokens are tradable on the market today).
What is the fully diluted valuation of Ascensum Token (ASM)?
The fully diluted valuation (FDV) of Ascensum Token (ASM) is $867,862. This is a statistical representation of the maximum market cap, assuming the maximum number of 250 Thousand ASM tokens are in circulation today. Depending on how the emission schedule of ASM tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Ascensum Token compare against its peers?
With a price decline of -7.50% in the last 7 days, Ascensum Token (ASM) is underperforming the global cryptocurrency market which is up 13.30%, while underperforming when compared to similar Governance cryptocurrencies which are up 27.20%.
How to add Ascensum Token (ASM) to MetaMask?
Adding Ascensum Token (ASM) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ASM as a token. You can copy ASM’s contract address (0x707f0f4a39a4a26239f7d00463b15ab5656861f9) and import it manually, or if you've installed MetaMask's chrome extension, add ASM to MetaMask with one click on CoinGecko.
Add ASM to MetaMask.
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