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Threshold Network Token

Threshold Network Token

T
#305
$0.004442Up 0.20 percent($0.00)

Key Stats

Market Cap$49.56MUp 0.20 percent
Volume (24h)$9.66M
Fully Diluted Value$49.56M
Vol/Mkt Cap (24h)19.50%
Total Supply11.15B T
Max Supply
Circulating Supply11.15B T
Launch Date2021-12-31
Built OnETH
Token StandardERC20
Smart Contract Address0xCdF7…beE5
Decimal Places18

Threshold Network Token Information

Industries
Decentralized Infrastructure

Threshold Network Token Price Converter

Threshold Network TokenT
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Latest Threshold Network Token News

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Threshold Network Token Markets

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InstrumentExchangeBenchmark DataPrice24h Change
Threshold Network TokenUSDT logo
T-USDT
TUSDT
binance logobinance
AA
0.004430USDT
-0.23%
Threshold Network TokenUSDT logo
T-USDT
T_USDT
whitebit logowhitebit
BB
0.004420USDT
-0.23%
Threshold Network TokenUSDT logo
T-USDT
T_USDT
gateio logogateio
A
0.004425USDT
-0.38%
Threshold Network TokenUSD logo
T-USD
T-USD
coinbase logocoinbase
AA
0.004418USD
-0.25%
Threshold Network TokenUSDT logo
T-USDT
T-USDT
okex logookex
A
0.004417USDT
-0.25%

Threshold Network Token Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
TERC20ETH0xCdF7028ceAB81fA0C6971208e83fa7872994beE52022-01-01
NUERC20ETH0x4fE83213D56308330EC302a8BD641f1d0113A4Cc2020-08-30
KEEPERC20ETH0x85Eee30c52B0b379b046Fb0F85F4f3Dc3009aFEC2020-04-28
WKEEPSPLSOL64L6o4G2H7Ln1vN7AHZsUMW4pbFciHyuwn4wUdSbcFxh2024-08-11

About Threshold Network Token

The Threshold Network Token (T) is the utility and governance token of the Threshold Network, resulting from the merger of Keep Network and NuCypher. It serves as a utility token for staking nodes and earning fees, while also acting as a governance token within the Threshold DAO. T token holders can participate in coverage pools, earn yield, and underwrite collateral risk. The Threshold Network provides cryptographic primitives for decentralized applications, with tBTC being its flagship application for tokenizing Bitcoin in DeFi while maintaining privacy and avoiding censorship.

Frequently Asked Questions

Threshold Network Token (T) is the utility and governance token of the Threshold Network, a network that provides cryptographic primitives for various decentralized applications (dApps). It was launched on January 1, 2022, following the merger of Keep Network and NuCypher. The T token serves as a key component of the Threshold Network ecosystem.

The Threshold Network was created through the merger of Keep Network and NuCypher. The teams from both projects came together to form the Threshold Network, resulting in the creation of the T token.

The T token has multiple purposes within the Threshold Network. Firstly, it serves as a utility token allowing users to stake a node and earn fees from applications utilizing the network's cryptographic primitives. Additionally, the T token functions as a governance token, enabling token holders to participate in the Threshold DAO. Users can lock their T tokens in coverage pools, earning yield while underwriting collateral risk in the network. Notably, the flagship application of the Threshold Network is tBTC, which enables the tokenization of Bitcoin for use in decentralized finance (DeFi) applications while preserving privacy and avoiding censorship.