What is the current price of PowerPool Concentrated Voting Power (CVP)?

The current price of PowerPool Concentrated Voting Power (CVP) is 0.024598999145869372 AUD, representing a -1.62 from the day prior.

Can I buy PowerPool Concentrated Voting Power (CVP) on Coinstash?

Yes - you can easily buy and sell PowerPool Concentrated Voting Power (CVP) on Coinstash. Simply login or sign up, to start buying PowerPool Concentrated Voting Power (CVP) in minutes.

Where is the best place to buy PowerPool Concentrated Voting Power (CVP) in Australia?

The best place to buy PowerPool Concentrated Voting Power (CVP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell PowerPool Concentrated Voting Power (CVP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of PowerPool Concentrated Voting Power (CVP)?

The trading volume of PowerPool Concentrated Voting Power (CVP) is 113.8K AUD in the last 24hrs, representing a -1.62 from the day prior.

How can I buy PowerPool Concentrated Voting Power (CVP)?

PowerPool Concentrated Voting Power (CVP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of PowerPool Concentrated Voting Power (CVP)?

The current market cap of PowerPool Concentrated Voting Power (CVP) is 824.4K AUD.

Can I convert PowerPool Concentrated Voting Power (CVP) to cash?

Yes - With Coinstash you can convert your PowerPool Concentrated Voting Power (CVP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many PowerPool Concentrated Voting Power (CVP) are there?

The current circulating supply of PowerPool Concentrated Voting Power (CVP) is 32.4M.

Is Coinstash a safe place to buy PowerPool Concentrated Voting Power (CVP) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling PowerPool Concentrated Voting Power (CVP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy PowerPool Concentrated Voting Power (CVP)

What is PowerPool Concentrated Voting Power?

PowerPool Concentrated Voting Power (CVP) is a protocol aimed at accumulating governance power within Ethereum-based protocols by pooling tokens. It is a decentralised network that automates on-chain strategies and actions through Keeper bots, enabling users to pool, lend, and borrow governance tokens in a permissionless manner. This enhances their voting power in DeFi protocols.

How does PowerPool Concentrated Voting Power work?

PowerPool operates on a decentralised network using a Proof of Stake consensus mechanism where participants must stake CVP to operate a Keeper node. This staking ensures the network's integrity, as it acts as a safeguard against malicious activities. The network utilises algorithms such as Verifiable Random Function (VRF) for Keeper selection and is researching ZK-powered off-chain computations for data input and task execution. Smart contracts like PowerAgent V2 facilitate the automation of AI-generated tasks and user submissions within the platform.

What are the potential use cases for PowerPool Concentrated Voting Power?

PowerPool CVP can be used in various applications:

Governance Participation: CVP allows users to engage in governance activities, including voting on proposals within the ecosystem.
Meta-Governance: Enables pooling of governance tokens to create meta-governance products, enhancing governance participation.
Lending and Borrowing: Users can lend and borrow tokens in Ethereum-based ecosystems like Compound, earning interest.
Staking: By staking CVP, users earn passive returns and participate in the PowerPool DAO's governance.

What is the history of PowerPool Concentrated Voting Power?

PowerPool was founded in August 2020 by LeeRoy Oshiya and Not.Satoshi. Initially designed as a meta-management protocol, it evolved to focus on automated DeFi products due to community feedback. The protocol has integrated with major Ethereum-based DeFi ecosystems, developed PowerAgent V2 for executing automated tasks seamlessly, and expanded to support cross-chain operations. The CVP token was distributed without venture funding, emphasising community and liquidity providers.