| General information | |
|---|---|
| Global rank: | 2338 |
| Name: |
Ares Protocol |
| Symbol: | ARES |
| Current coin price (ZAR): | 0.008 R |
| Last hour: | arrow_downward-4.63 % |
| Last 24 hours: | arrow_downward-12.72 % |
| Last 7 days: | 1.13 %trending_up |
| Capitalisation (ZAR): | 1 926 293.16 R |
| Volume 24h (ZAR): | 165 573.44 R |
| Available supply: | 231 179 222.00 ARES |
| Total coin supply: | -1 ARES |
| Start date: | 2020-12-24 |
Ares Protocol/South African Rand (ARES/ZAR) price chart
Ares Protocol/South African Rand (ARES/ZAR) 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.