Market cap
$66.55K
Volume (24h)
$0.18
Circulating supply
396,811,251 PSY
Total supply
999,999,879 PSY
Max. supply
1,000,000,000 PSY
Psilocybin (PSY)
$ 0.00
Main info
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Key data
updated $0Market cap$66.55K
Volume 24h$0.18
Circulating supply396.81M40% of max 1B
Psilocybin (PSY) is a cryptocurrency inspired by the natural psychedelic compound. It combines Proof of Work (PoW) and Proof of Stake (PoS) mechanisms to secure its network and incentivize participation.
Frequently asked questions
What is Psilocybin (PSY) and how is it different?
Psilocybin (PSY) is a cryptocurrency that merges PoW and PoS consensus mechanisms, offering both mining and staking opportunities. Its unique blend sets it apart from single-mechanism coins.
How does Psilocybin's technology and consensus work?
Psilocybin uses a hybrid PoW/PoS system: PoW secures the network through mining, while PoS allows users to stake coins for rewards, ensuring efficiency and decentralization.
How is Psilocybin (PSY) minted and distributed?
PSY is minted through PoW mining and PoS staking. Miners solve complex algorithms to create new coins, while stakers earn rewards for holding and validating transactions.
How can I store and use Psilocybin (PSY)?
PSY can be stored in compatible wallets supporting PoW/PoS coins. It can be used for transactions, staking, or traded on supported exchanges.