- #3879
Davos Protocol DAVOS
DAVOS Price
Market Cap
$172,228.39Rank #3879FDV
$172,228.39Rank #8046Investors
X Followers
Detailed Performance
DAVOS shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
DAVOS to USD Converter
Price History
- All-Time High
- $1.231.24x to ATH
- All-Time Low
- $0.66131.50x to ATL
- Trade Launch Date
- 9 Feb, 2023
635 days ago
About DAVOS
Davos Protocol is a lending and borrowing platform that is built upon the successful model of MakerDAO. It operates on the Polygon Network and has plans to expand to the Ethereum Network. The protocol prioritizes security and transparency, and it offers various participation options within its ecosystem. The governance of the protocol is driven by the Davos Governance Token (DGT), which allows participants to shape its direction.
What makes Davos Protocol unique?
Davos Protocol stands out from other cryptocurrencies in several ways. Firstly, it prioritizes the security of its smart contracts, implementing extensive measures to protect against vulnerabilities and maintain user trust. This focus on security sets it apart from other platforms.
Additionally, Davos is a lending and borrowing platform that is built upon the proven MakerDAO model. It leverages and enhances the solutions provided by MakerDAO, offering a familiar and trusted framework for users.
The protocol also introduces the Davos Governance Token (DGT), which empowers participants to shape the direction of the platform's governance. This gives users a direct say in the decision-making process, making Davos a community-driven protocol.
Furthermore, Davos operates on the Polygon Network initially, with plans to expand to the Ethereum Network. This multi-chain approach enhances scalability and offers users flexibility in choosing the network that best suits their needs.
Lastly, Davos Protocol rewards borrowing activity in addition to staking and liquidity providing. This balanced incentive system creates a dynamic and participatory ecosystem, encouraging borrowing behavior and ensuring a fair distribution of rewards.
Overall, the combination of robust security measures, the proven MakerDAO model, community governance, multi-chain compatibility, and a balanced incentive system make Davos Protocol unique compared to other cryptocurrencies.
Live Davos Protocol Price Data
The current price of Davos Protocol (DAVOS) is approximately $0.9932, reflecting a decrease of -0.15% in the last 24 hours. The DAVOS trading volume in the last 24 hours stands at $1,387.89. Davos Protocol's market cap is currently $172,228.39, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DAVOS is 173,407.57.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Davos Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DAVOS, check out our crypto insights page.
Official Links
DAVOS to USD Converter
Price History
- All-Time High
- $1.231.24x to ATH
- All-Time Low
- $0.66131.50x to ATL
- Trade Launch Date
- 9 Feb, 2023
635 days ago