| General information | |
|---|---|
| Global rank: | 2338 |
| Name: |
Ares Protocol |
| Symbol: | ARES |
| Current coin price (NOK): | 0.005 kr |
| Last hour: | arrow_downward-4.63 % |
| Last 24 hours: | arrow_downward-12.72 % |
| Last 7 days: | 1.13 %trending_up |
| Capitalisation (NOK): | 1 167 805.97 kr |
| Volume 24h (NOK): | 100 378.10 kr |
| Available supply: | 231 179 222.00 ARES |
| Total coin supply: | -1 ARES |
| Start date: | 2020-12-24 |
Ares Protocol/Norwegian Krone (ARES/NOK) price chart
Ares Protocol/Norwegian Krone (ARES/NOK) capitalisation and volume charts
Ares is a decentralized hybrid oracle that designed to fully realize the on-chain and on-chain verification of oracle data. By using VRF to discover the random selection of aggregators, data centralization is solved, and a very low participation threshold is guaranteed. However, the random selection of the aggregator cannot guarantee the accuracy of the data.
The ARES token will be the first supported fee token, and the holder of the token also has the right to vote to determine which other tokens can also be used as the fee token supported in the Ares network, such as stable coins.