XFT Price Today
Offshift price today is $0.517719 with a 24-hour trading volume of $85,924.75. XFT price is up 2.5% in the last 24 hours. It has a circulating supply of 6.3 Million XFT coins and a total supply of 10 Million. If you are looking to buy or sell Offshift, PancakeSwap (v2) is currently the most active exchange.
What was the highest price for Offshift?
Offshift hit an all time high of $24.69 on Jan 19, 2022 (9 months).
What was the lowest price for Offshift?
Offshift had an all time low of $0.266001 on Jul 09, 2022 (3 months).
What was the 24 hour trading volume of Offshift?
The 24 hour trading volume of Offshift is $85,924.75.
Where can Offshift be traded?
What is Offshift (XFT)?
Offshift is pioneering Private Decentralized Finance (PriFi) with an ecosystem of Private DeFi Applications that confer and protect various elements of privacy, anonymity, and confidentiality on Ethereum Layer 1. All Offshift Ecosystem PriFi Applications are powered by XFT, and leverage real time price feeds from Chainlink’s decentralized oracle network to enable users to mint an array of private synthetics.
Offshift also delegates various decision making powers and responsibilities to its community via the Offshift DAO.
What is the Role of XFT in the Offshift Ecosystem?
XFT is the native utility token of the Offshift Ecosystem, and it plays an integral role in all PriFi Applications’ Tokenomics. Via Offshift’s Burn-and-Mint Mechanism, users burn XFT in order to mint an array of private synthetics, and conversely burn their private synthetics to mint XFT back on the public side.
How Many XFT Tokens are in Circulation?
Offshift launched on Uniswap in August, 2020 with 10 million XFT tokens generated at genesis. The Offshift Ecosystem’s Burn-and-Mint Tokenomics employ an elastic supply model for XFT, and as such there exists no upper cap or lower cap on the circulating or total supply of XFT. However, XFT does not possess any inherent inflationary or deflationary monetary attributes. Until the Offshift Ecosystem launches its debut platform, Offshift anon, the supply of XFT will remain fixed at 10 million tokens.
Who are the Founders of Offshift?
Aside from fully doxxed CSO Alex Shipp who represents the project in public engagements, Offshift Core is the anonymous team developing the Offshift Ecosystem. Offshift Core has developed a trusted reputation for its thorough privacy research, development, and execution. To access the latest news and developments, follow Offshift on Twitter, join the community on Telegram, and visit the official YouTube channel for project updates, interviews, and more.