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Sway Protocol priceSWAY#4643
2.52% (24h)
Sway Protocol to USD Chart
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Sway Protocol statistics
- Market cap
- $53.51K
0%
- Volume (24h)
- $10.49K
5.81%
- Vol/Mkt Cap (24h)
- 19.6%
- FDV
- $162.06K
- Total supply
- 100M SWAY
- Self-reported circulating supply
- 33.02M SWAY
- Holders
- 1.32K
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Sway Protocol community
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What Is Sway Protocol (SWAY)?
How Does It Work?
Sway Protocol is a decentralized protocol that enables users to deploy proxy staking pools for their NFT assets. Other participants can stake tokens in these pools in order to earn rewards based on NFT sales and royalties, and to establish the social capital of the NFT asset holder. This is similar to how traditional social media platforms use the number of likes or followers to establish the value of an influencer's social capital, but it is adapted for the web3 and decentralized finance (DeFi) ecosystem.
A proxy pool is a staking pool on Sway Protocol that is created by an individual or a project and is paired with their wallet holding NFTs. Other users can stake tokens in the proxy pool to earn rewards based on NFT revenue and royalties.
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Sway Protocol Price Live Data
The live Sway Protocol price today is $0.001621 USD with a 24-hour trading volume of $10,493.95 USD. We update our SWAY to USD price in real-time. Sway Protocol is up 2.52% in the last 24 hours. The current CoinMarketCap ranking is #4643, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 SWAY coins.