About Colony
Colony’s vision is rethinking outmoded systems by imagining brand new ones in order to bring the structural integrity of traditional finance to DeFi, specifically the Avalanche ecosystem.
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Trading Insights
Searched
1
Market Stats
Market Cap
$4.57M
-5.75%
FDV
$6.08M
Circ. Supply
113M CLY
Max Supply
150M CLY
Total Supply
150M CLY
Total Value Locked
$426.22K
Diluted Valuation
$6.06M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$107.03K
3.07%
Volume (7D)
$765.23K
Volume (30D)
$3.05M
All time high
$0.38
Price Change (1Y)
-66.34%
Additional details
Market details
CLY vs markets
↘ 74.98%
CLY vs BTC
↘ 73.4%
CLY vs ETH
↘ 68.56%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Avalanche C-Chain | 0xec3492a2508DDf4FDc0cD76F31f340b30d1793e6 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0404 | ↘ 5.72% |
1 Day | $0.0429 | ↘ 5.72% |
1 Week | $0.0437 | ↘ 7.44% |
1 Month | $0.0742 | ↘ 45.46% |
1 Year | $0.12 | ↘ 66.34% |
FAQ
Colony (CLY) is a community-driven project based on the Avalanche ecosystem. Community is at the heart and center of the platform that is powered by Colony’s utility token, CLY. Avalanche is an open-sourced decentralized blockchain aiming to facilitate quicker and low-cost transactions. Hence, Colony (CLY) seeks to remodel projects, specifically on Avalanche, by putting in funds entirely governed by the community. Further, the platform envisions restructuring systems that are relatively out-of-date with innovative and new systems to improve the benefits availed from DeFi (decentralized finance) for the Avalanche users.
Colony (CLY) seeks to stand out as a Web3 venture capital. The platform aims to provide early-stage funding to projects built on Avalanche. Also, Colony (CLY) intends to upgrade the already existing DeFi protocols on Avalanche with better liquidity. Above all, Colony (CLY) is a community-driven platform putting the basics of open governance into practice. Open governance involves the platform to allow users to vote in matters of capital distribution on various projects and applications in the Avalanche ecosystem.
Further, Colony (CLY) wishes to execute a decentralized autonomous organization (DAO) structure to upgrade and decentralize the platform. At the core of the platform, CLY is a unique hybrid utility token designed to reward the community. The token is utilized to seek to increase liquidity and value for Colony (CLY). Finally, the token aims to establish harmony between the token holders, protocols, and assets.
The platform introduces a validator program that allows 10% of the Colony’s (CVL) capital to be distributed in the Avalanche blockchain. Further, the capital is put to staking, benefiting users with token rewards. Also, 50% of the platform’s capital is distributed among projects and teams working specifically on Avalanche. Finally, Colony (CVL) desires to utilize 30% capital as added liquidity to protocols created on Avalanche.
Elie Le Rest is the CEO at Colony (CVL). He is also the cofounder of ExoAlpha and has successfully structured several utility token projects, blockchain projects, and asset deals.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4930
Contributors
1,990
Posts
1,990
% About Colony
0.002%
Articles
44
Hold times
0 days
X (Twitter)
36.35% bullish
Sentiment
2.9 ★
Highlights
1,990 unique individuals are talking about Colony and it is ranked #4,930 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Colony has an average sentiment score of 2.9 out of 5. Finally, Colony is becoming less newsworthy, with 44 news articles published about Colony.
On Twitter, people are mostly neutral about Colony. There were 46.05% of tweets with bullish sentiment compared to 26.68% of tweets with a bearish sentiment about Colony. 53.95% of tweets were neutral about Colony. These sentiments are based on 5232 tweets.
On Reddit, Colony was mentioned in 1164 Reddit posts and there were 14865 comments about Colony. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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