- #2084
ROOK ROOK
ROOK Price
Market Cap
$1.04 MRank #2084FDV
$2.07 MRank #1982Investors
Twitter Followers
Twitter Performance
1215Rank by Twitter #733- 0
- 100
- 1000
- 4000
Detailed Performance
ROOK shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ROOK to USD Converter
Price History
- All-Time High
- $838.98497.03x to ATH
- All-Time Low
- $0.256.75x to ATL
- Trade Launch Date
- 2 Nov, 2020
1269 days ago
Fundraising
See more- ICO Price
- $12.05
- Funds Raised
- $1.44 M
- Tokens Sold
- 120,000.00 ROOK
Exchanges
Exchanges type
About ROOK
ROOK is a token used in the KeeperDAO ecosystem. It has an initial total supply of 1,000,000 tokens, which are unrestricted upon launch. ROOK tokens can be delegated by holders to keepers, who perform various tasks such as discouraging unwanted behaviors and front-running attacks against DeFi protocols. The exact total supply of ROOK cannot be determined at this stage, as the token will move to an inflation model in the future. The protocol participants will have the ability to govern and adjust the inflation parameters as the protocol evolves. ROOK rewards earned as a liquidity provider or keeper are attributed to the respective addresses or trading contracts. Keeper behavior will be governed through staking, slashing, and inflation mechanisms, creating a pecking order for MEV-capture priority.
What makes ROOK unique?
ROOK stands out from other cryptocurrencies due to its unique features and use cases. Here are some key aspects that make ROOK unique:
1. Governance and Inflation Model: ROOK has a governance mechanism that allows protocol participants to determine its inflation parameters. This means that the community can collectively decide on future rewards and inflation rates, giving them control over the token's monetary policy.
2. Liquidity and Arbitrage Mining: ROOK holders have the ability to delegate their tokens to keepers, who can incentivize or discourage specific behaviors in the ecosystem. This includes activities like front-running attacks against DeFi protocols and returning the funds safely. This feature extends trading beyond single-block trades and creates opportunities for profit.
3. MEV-Capture Priority: The market-driven ROOK staking, slashing, and inflation system enables a pecking order over MEV (Miner Extractable Value) capture priority. This means that participants who stake and contribute to the protocol will have a higher priority in capturing MEV rewards, creating a fairer and more efficient ecosystem.
4. Circulating Supply and Total Token Supply: While the initial total token supply of ROOK is set at 1,000,000, the exact total supply cannot be determined at this stage due to the inflation model. This dynamic supply mechanism adds an element of uncertainty and adaptability to the token's ecosystem.
In summary, ROOK's unique combination of governance, liquidity and arbitrage mining, MEV-capture priority, and dynamic supply model sets it apart from other cryptocurrencies.
Live ROOK Price Data
The current price of ROOK (ROOK) is approximately $1.68, reflecting a increase of 0.27% in the last 24 hours. The ROOK trading volume in the last 24 hours stands at $14,622.32. ROOK's market cap is currently $1.04 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of ROOK is 617,636.34.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand ROOK's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ROOK, check out our crypto insights page.
Official Links
ROOK to USD Converter
Price History
- All-Time High
- $838.98497.03x to ATH
- All-Time Low
- $0.256.75x to ATL
- Trade Launch Date
- 2 Nov, 2020
1269 days ago
Fundraising
See more- ICO Price
- $12.05
- Funds Raised
- $1.44 M
- Tokens Sold
- 120,000.00 ROOK