| General information | |
|---|---|
| Global rank: | 4165 |
| Name: |
sudoswap |
| Symbol: | SUDO |
| Current coin price (PHP): | 5.04 ₱ |
| Last hour: | arrow_downward-0.430 % |
| Last 24 hours: | arrow_downward-8.89 % |
| Last 7 days: | -1.98 %trending_down |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 2 248 284.25 ₱ |
| Available supply: | 0.000000 SUDO |
| Total coin supply: | -1 SUDO |
| Start date: | 2023-01-30 |
sudoswap/Philippine Peso (SUDO/PHP) price chart
sudoswap/Philippine Peso (SUDO/PHP) capitalisation and volume charts
Sudoswap (SUDO) is a gas-efficient AMM protocol for NFTs on the Binance Smart Chain. Users can buy/sell NFTs from liquidity pools set up by LPs with customizable bonding curves. LPs can deposit assets into single-sided or dual-sided pools and adjust parameters or withdraw assets anytime.
The SUDO token has various utilities within the Sudoswap ecosystem. Firstly, it is used as a governance token, allowing SUDO holders to vote on platform upgrades and proposals. Additionally, it is used as a means of payment for transaction fees and as a liquidity provider incentive, earning SUDO tokens in return for providing liquidity to the platform. Moreover, SUDO tokens are used for NFT trading fees, and a portion of these fees are used to buyback and burn SUDO tokens, reducing the overall supply over time. Overall, the SUDO token is an essential component of the Sudoswap ecosystem, providing various utilities and incentives for its holders.