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Live LGCY Price Analysis
The current real time LGCY Network price is $0.000000712, and its trading volume is $0 in the last 24 hours. LGCY price has plummeted by
7.71%
in the last day, and decreased by
16.42%
in the last 7 days. It's important to note that current LGCY Network market capitalization is $9,048, and the maximum supply is 100,000,000,000 LGCY coins. Talking about circulating supply, LGCY has 12,714,000,000 coins. Currently, LGCY Network rank on the market is #1944.
LGCY Network price today is
100.00%
below
all time high, and it is
0.00%
below
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling LGCY are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is LGCY Network?
The LGCY network is a blockchain-based decentralized application (dApp) network. According to the platform all token holders, regardless of the quantity of tokens they own, should be granted the same number of voting governance rights. Therefore, in order to encourage engagement from the community, the network makes use of the Libertas protocol.
Libertas protocol is a mechanism that separates the 27 Governing Bodies (GB) into three branches, each of which has restricted authority. This is done to ensure that a single significant token holder cannot amass an unbalanced amount of control over the network. In addition, the LGCY Network crypto project utilizes the Delegated Proof-of-Stake (DPoS) consensus mechanism.
However, due to the fact that the voting strength is based on the number of voters in addition to the number of tokens they have, this consensus process is not without its own flaws. As a result, LGCY aims to overcome this problem by adopting the Libertas protocol, which will allow them to make use of the potential of digital democracy, while also giving smaller token holders a voice.
The native token of the platform goes by the same name – LGCY. Make sure to check the LGCY Network price chart above. It features both – the current and the previous LGCY price.
Use Cases of LGCY Tokens
LGCY tokens have three main use cases:
- Staking. LGCY Network allows users to stake their tokens and earn rewards by securing the network through DPoS.
- Governance. LGCY coin holders can participate in network governance by voting on proposals and protocol changes.
- Payments. LGCY Network tokens can be used as a form of payment within the network.
Planning to buy LGCY Network crypto assets? If you are, it would beneficial to analyze the LGCY price trends before doing that. Use the aforementioned LGCY Network price chart.
Who Founded LGCY Network?
The LGCY Network was founded on August 1, 2021, by Justin Wai'Au and Wes Wade.
Other leading team members are Abhilasha Singh (lead developer), Vinod Kumar (lead developer), and Craig Mackie (marketing and business development).
What's LGCY Network trading volume in the last 24 hours?
LGCY has a trading volume of $0 in the last 24 hours.
What's LGCY Network highest price ever?
LGCY has a highest price of $0.9077, which was reached on Aug 21, 2020 (4 years 6 months ago).
What's LGCY Network lowest price ever?
LGCY has a lowest price of $0.00, which was reached on Sep 23, 2020 (4 years 5 months ago).
What are the best exchanges for buying and selling LGCY?
Currently, the most active and dominating exchanges for buying and selling LGCY Network are Binance, Kraken & Kucoin. The most popular LGCY Network trading pairs are Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for keeping LGCY?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping LGCY Network. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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