- Titano Finance is a decentralized finance (DeFi) protocol and claims to have the potential to lead a revolution in the DeFi space.
- The TITANO crypto is a BEP20 token and is the native cryptocurrency of Titano Finance.
- As of December, there were 4,500 TITANO holders last year, and the protocol recorded 38,000 transfers.
The price of Titano (TITANO) cryptocurrency surged about eight per cent in the last 24 hours and was trading at US$ 0.1298 per token at the time of writing.
The surge in price could be due to the announcement on Twitter that the combined value for winners of Titano P.L.A.Y was US$ 196,529.68. Notably, this amount will be distributed among ten winners, and the prize value would be US$ 19,652.96.
What is Titano cryptocurrency?
Titano Finance is a decentralized finance (DeFi) protocol and claims to have the potential to lead a revolution in the DeFi space. The network's whitepaper suggests that its Titano Auto-staking Protocol (TAP) makes staking easier and allows TITANO crypto holders to get high stable returns.
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Titano mentioned in its whitepaper that TAP gives automatic staking and compounding features to the TITANO token. The network says that TAP gives the highest fixed Annual Percentage Yield (APY) 102,483.58 per cent in the market and a daily return on investment of 1.8999 per cent.
The TITANO crypto is a BEP20 token and is the native cryptocurrency of Titano Finance. It has an elastic supply and rewards its holders with a positive rebase formula.
Due to the rebase formula, Titano Finance is able to create auto-staking and auto-compounding tokens.
What is Titano crypto?
DeFi is becoming increasingly popular and is expected to lead a revolution in the finance industry. Titano Finance is a developer of DeFi 2.0 protocol, and in December 2021, it had launched the TITANO staking token.
As of December, there were 4,500 TITANO holders last year, and the protocol recorded 38,000 transfers.
Titano Finance launched Titano P.L.A.Y, a TAP-based project that allows more rewards and extra use-case.
On January 8, the TITANO crypto had clocked an all-time high of US$ 0.2122 per token, and it has a total supply of 835.2 TITANO tokens.
Meanwhile, at the time of writing, TITANO crypto had a circulating supply of 430.4 million tokens.