NAMECHAINPROTOCOL
APY
TVL
ALGOALGOfolks-finance-lending0.02%$13,943,563.00

Unlock the Potential

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Why ALGO Yield Farming?

ALGO yield farming is more than just a trend; it's a strategic move to maximize gains. By participating inALGO-based decentralized finance (DeFi) protocols, you provide liquidity and receive attractive yields. Nimbus takes the complexity out of the process, guiding you to the most rewarding opportunities within theALGO ecosystem.

1. What Is Algorand (ALGO)?

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Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $0.24 per token.

2. Who Are the Founders of Algorand?

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3. What Makes Algorand Unique?

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4. How Many Algorand (ALGO) Coins Are There in Circulation?

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5. How Is the Algorand Network Secured?

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6. Where Can You Buy Algorand (ALGO)?

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7. Algorand’s Compatibility with Ethereum

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8. Related Pages:

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9. Algorand Staking Mechanism: Pure Proof-of-Stake

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10. Production of Algorand Blocks Through PPoS

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11. Algorand’s Native Cryptocurrency: ALGO

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12. What is Blockchain?

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13. What is Cryptocurrency?

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14. What is Bitcoin?

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15. What is the difference between Bitcoin and Altcoins?

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16. What is Staking?

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17. How Can I Stake Cryptocurrency?

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18. What Are Staking Rewards and How Are They Calculated?

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19. Can I Unstake My Cryptocurrency at Any Time?

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20. What are the Risks of Staking?

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21. Can I Lose Money by Staking?

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Trending News

Stake Statistics

  • Rank

    64
  • Volume Rank

    94
  • Price

    $0.18804
  • Market Cap

    $1,534,448,798.16
  • Circulating Supply

    $8,160,207,935.72
  • Highest Apy

    $0.0241
  • High of All Time

    3.28
  • Total Supply

    10,000,000,000.00