| General information | |
|---|---|
| Global rank: | 4297 |
| Name: |
Changer |
| Symbol: | CNG |
| Current coin price (BYN): | 0.014 BYN |
| Last hour: | arrow_upward0.570 % |
| Last 24 hours: | arrow_upward67.35 % |
| Last 7 days: | -28.43 %trending_down |
| Capitalisation (BYN): | 0.000000 BYN |
| Volume 24h (BYN): | 85 301.40 BYN |
| Available supply: | 0.000000 CNG |
| Total coin supply: | -1 CNG |
| Start date: | 2021-06-24 |
Changer/Banyan Gold (CNG/BYN) price chart
Changer/Banyan Gold (CNG/BYN) capitalisation and volume charts
The Changer Protocol, centred around the Changer (CNG) ERC-20 token, is crafted to enhance trading across various networks and decentralised exchanges (DEXes). It aims to address the issue of price transparency in cryptocurrency exchanges and OTC markets, assisting users in finding the best prices from an extensive range of exchanges.
Key features of the Changer Protocol include Changer Convert, which streamlines token conversion across different blockchain networks by aggregating a number of decentralised exchanges. This is a part of Changer Pro, an OTC aggregator that ensures users have access to competitive prices for major tokens such as BTC, ETH, and LTC.
Changer Swap, another essential element, sets new standards for DEX Aggregators through its integration with leading DEXs like Uniswap, Sushiswap, Curve, and Balancer, facilitating optimal cryptocurrency trading. Initially supporting the Ethereum network, it has plans for expansion to other Layer-2 and EVM-compatible networks.
Changer Pro, the platform's Crypto OTC Aggregator, links users to global OTC exchanges, offering competitive prices in a market typically dominated by enterprises.
The Changer (CNG) token plays various roles within its ecosystem. It is utilised for staking on the platform, advertising in the DEX aggregator allswap, and as a crucial part of the liquidity pool in Gambit Exchange's derivative DEX. As an ERC-20 utility token, CNG is essential for a variety of stablecoins and can be freely traded on decentralised and centralised exchanges, including Changer.io. It offers benefits such as transaction fee reductions, rewards, staking, and minting. Beyond supporting USD-based stablecoins, CNG is key in promoting a broader stablecurrency ecosystem. Changer.io also serves as a primary liquidity venue for CNG, facilitating its purchase and trading in crypto-forex transactions.
In June 2021, the Changer Protocol underwent a significant upgrade, changing its token ticker to CNG following community feedback to avoid confusion with similar projects. This upgrade also improved the efficiency of the contract and reduced gas fees for strategic and public round participants.