Pylon Protocol

Pylon Protocol Price Today

Price MINE to USD now is $0. Trading volume by 24-hours $1.393. Pylon Protocol, which_ranked #2086 price is up 4.33% in the past 24-hours. Pylon Protocol has circulating supply of $0 and have $650.710 capitalization. In additional, total supply is $2.183,209,948.

Highest price for Pylon Protocol

The all-time high price of MINE is $0.304, the record was set on the 0.

Lowest price for Pylon Protocol

MINE all-time low price is $0, the record was set on 0.

How much has the price of Pylon Protocol changed lately?

7 days ago the price was $0 , this changed the MINE price by -2.82637%

14 days ago the price was $0 , this changed the MINE price by -14.1708%

30 days ago the price was $0 , this changed the MINE price by -43.74511%

60 days ago the price was $0 , this changed the MINE price by 38.57983%

1 days ago the price was $0 , this changed the MINE price by 0%

What is Pylon Protocol

Pylon Protocol is a decentralized finance (DeFi) framework for principal-protected, yield-based products and services. Built by Terraform Labs (TFL) on the Terra blockchain, Pylon introduces a new mechanism for long-term incentive alignment between users and service providers where payment is rendered via cash flow rather than upfront expenditure. In essence, users can deposit Terra stablecoins into platforms integrated with Pylon Protocol in return for platform-specific rewards, including but not limited to exclusive content, no-fee memberships, project token farms, perpetual charity donations, arts patronage, rental services, and principal-protected investments. Upon subscription expiry, users can withdraw their pledged principal in full. Yields generated from savings protocols such as Anchor Protocol are diverted to service providers under the terms explicitly specified in the deposit contract. The flagship product of the protocol is Pylon Gateway, a decentralized project launchpad and crowdfunding-via-yield platform for Terra, where users can deposit TerraUSD (UST) for a designated vesting period to earn project tokens and governance rights. The Pylon token MINE is a CW20 token that originally launched on Pylon Gateway. The main function of MINE is to allow holders to engage in protocol governance and earn a portion of protocol yields generated across all Pylon platforms and projects. MINE tokens also serve as an incentives gateway to encourage user deposits into platforms powered by Pylon Protocol.