Shard

Shard

SHARD
$0.003850307%-1.36

Key Metrics

Price$0.003850307
Real Volume (24H)$0
Marketcap$65,840.25
Fully Diluted ValuationN/A
ATH$0.00439092
ATH Date3/13/2022, 11:56:45 PM
ATL$0.00000457
ATL Date12/25/2022, 10:10:30 PM
Circulating SupplyN/A
Total Supply57M
WebsiteN/A
WhitepaperN/A
Popularity Rank3815
Chart
What is Shard?

Shard, an open-source DeFi project built on Ethereum and the Binance Smart Chain, is dedicated to revolutionizing digital asset accessibility, decentralization, and interoperability. By leveraging blockchain technology, Shard aims to empower individuals and facilitate widespread adoption of this transformative technology. At the heart of Shard is an interconnected ecosystem of platforms and protocols, offering users a wide range of utilities and advantages, with the ultimate goal of simplifying blockchain adoption.

Within Shard's ecosystem, several platforms and projects play a vital role, including Infinity Crypto, Infinity Wallet, and Infinity Protocol. Infinity Crypto serves as an exchange platform, enabling users to trade, monitor, and manage their assets while passively earning through liquidity pools. On the other hand, Infinity Wallet provides a secure and user-friendly crypto wallet that consolidates all tokens in one place, allowing seamless interaction with decentralized applications (Dapps). Lastly, the Infinity Protocol facilitates DeFi services on the Binance Smart Chain, enabling token trading with Automated Market Maker (AMM) technology and token staking.

The native token of the Shard platform is SHARD, which holds significant utility within the ecosystem. SHARD holders exercise voting rights, enabling decentralized decision-making for Shard, Infinity Protocols, Infinity Crypto, and Infinity Wallet. Through democratic voting, SHARD holders determine whether to accept the listing of tokens merging into an Infinity platform. Additionally, SHARD holders enjoy benefits such as token airdrops, cashback rewards, access to NFTs, and development grants. By staking their SHARD tokens, users can also earn additional tokens, further enhancing the value proposition of holding SHARD.

Another notable feature of SHARD is its ability to be used for paying transaction fees when transferring SHARD on the Ethereum and Binance Smart Chain. This functionality allows users to utilize SHARD instead of ETH or BNB, providing greater flexibility and convenience in conducting transactions on these chains.

The Shard platform has made significant progress in its roadmap, having achieved several milestones such as enabling the staking feature, establishing interoperability, and integrating Infinity Wallet into the ecosystem. These accomplishments demonstrate Shard's commitment to delivering on its promises and providing users with tangible benefits and functionalities.

As for the tokenomics of SHARD, the total supply amounts to 77,160,177 tokens. This limited supply contributes to the scarcity of SHARD and potentially enhances its value over time, especially considering its utility within the Shard ecosystem.

In conclusion, Shard stands as an innovative DeFi project that harnesses the potential of Ethereum and the Binance Smart Chain. By offering an interconnected ecosystem of platforms and protocols, Shard aims to enhance accessibility, decentralization, and interoperability in the world of digital assets. With the SHARD token as a key component, users can actively participate in the ecosystem, exercise voting rights, earn rewards, and enjoy various benefits. With its roadmap milestones already achieved and a limited token supply, Shard is poised to make a significant impact on the DeFi landscape and drive the widespread adoption of blockchain technology.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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