SPICE Coin Price & Market Data
SPICE price today is $0.283796 with a 24-hour trading volume of $1,864.93. SPICE price is up 0.0% in the last 24 hours. It has a circulating supply of 5.8 Million SPICE coins and a total supply of 42 Million. If you are looking to buy or sell SPICE, Uniswap (v2) is currently the most active exchange.
What is $SPICE?
SPICE is the governance token that enables the SPICE DAO. The SPICE DAO is a community that launches and governs crypto index products.
SPICE DAO’s crypto indices offer an easy way to invest in a diversified basket of digital assets through one single ERC-20 token, saving transaction fees and leveraging automated rebalancing and asset vetting. So far, the SPICE DAO has launched two indices: the SCIFI Index and the Galactic Blue Index.
Index products launched by the SPICE DAO, include a fixed allocation of $SPICE. As the value of the AUM of the SPICE DAO indices grows, so does the demand for $SPICE. This results in the creation of a long-term reward structure for its investors.
SPICE inclusion in the indices replaces the need for a management fee, so instead of paying fees to the fund provider, investors become owners of the fund provider.
How to get $SPICE?
$SPICE can be obtained in one of two ways:
Market purchase: $SPICE is available via Uniswap and other DEXes.
Uniswap, 1INCH, Sushiswap
LP rewards: $SPICE can be earned by providing liquidity to indices launched by the SPICE DAO.