$0.000496
+$0.000000(+0.01%)
Market Cap
$5.70K
24h High
$0.000496
24h Low
$0.000496
24h Turnover
$4.40
Total Supply
338.75M
Market Sentiment
Neutral
About Echidna (ECD)
Echidna Finance is the ultimate yield boosting protocol for Platypus Finance, Avalanche's native stableswap. We aggregate the Platypus token (PTP) from the community to build a vePTP (voting escrow PTP) treasury that anyone can leverage to boost their stablecoin yields. PTP contributors are rewarded with extra liquidity and income via our native ECD token.
As a yield booster, Echidna emulates the simplicity and innovation that made Platypus Finance successful. We simplify and amplify yield farming on Platypus with:
+ Straightforward liquidity mining rewards distribution
+ PTP Flywheel tokenomics that are non-dilutive
+ Intuitive UI and quality of life upgrades
The ECD token will give holders voting power over Platypus' voting gauge, similar to how CVX functions with CRV. Once Platypus voting gauges are enabled, Echidna will integrate voting power monetization into the dApp so that users can generate more income from our token.
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation.
Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information.
Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.