Market cap
$264.21K
-7.3 %
Volume (24h)
$595.7
-7.3 %
Circulating supply
1,072,278 FACT
Total supply
1,072,278 FACT
Max. supply
1,072,278 FACT
Fee Active Collateral Token (FACT)
$ 0.25
-7.3 %
Main info
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Key data
updated $0Market cap$264.21K
Volume 24h$595.7
Circulating supply1.07M100% of max 1.07M
Fee Active Collateral Token (FACT) is a cryptocurrency designed to facilitate transactions and collateralize fees within its ecosystem. The FACT token serves as a utility token, enabling users to pay for services and secure network operations. Its primary focus is on streamlining fee management in decentralized applications.
Frequently asked questions
What is FACT and how is it different from other tokens?
FACT is a utility token specifically designed for fee management and collateralization within its ecosystem. Unlike general-purpose cryptocurrencies, it focuses on optimizing transaction costs and securing network operations.
How does FACT's technology or consensus mechanism work?
FACT operates on a blockchain that uses a Proof-of-Stake (PoS) consensus mechanism, ensuring energy efficiency and security. Users can stake FACT tokens to participate in network validation and earn rewards.
How is FACT issued or minted?
FACT tokens are issued through staking rewards and network participation. There is no mining involved; instead, token distribution is governed by the protocol's staking and fee mechanisms.
How can I store and use FACT tokens?
FACT tokens can be stored in any wallet compatible with its blockchain, such as hardware or software wallets. They are used primarily for paying fees, staking, and participating in network governance.