Details about Arable Protocol cryptocurrency
€52,139 ( 2.19954%)
€242
1,000,000,000
188,607,679
1
Unknown
https://arable.finance/
@ArableProtocol
22258000x
€6086.88
Arable Protocol price charts
ACRE exchanges
Arable Protocol, the crypto
Arable Protocol (ACRE) is a decentralized finance (DeFi) platform that aims to connect farmers directly with investors. The platform enables farmers to tokenize their yields and sell them in advance, helping them secure financing for their next crop cycle. Investors can earn a return on their investment by purchasing these tokens and holding them until harvest time.
The point
The main point of Arable Protocol (ACRE) is to provide a platform for farmers to secure financing for their crops and enable investors to earn a return on their investment by purchasing and holding these tokens until harvest time.
The problem
Arable Protocol (ACRE) tries to solve the problem of financing for farmers, particularly small farmers who often struggle to secure loans from traditional financial institutions. By tokenizing their yields and selling them in advance, farmers can secure the financing they need for their next crop cycle without having to go through the lengthy and sometimes difficult process of obtaining a loan. Additionally, investors have the opportunity to earn a return on their investment while supporting agriculture and farmers.
Compare ACRE and BTC performance
| Timeframe | ACRE | BTC |
|---|---|---|
| 1h change | -0.828812 % | -1.02023 % |
| 24h change | -0.33 % | -0.759605 % |
| 7 day change | -14.48 % | -10.8043 % |
| 14 day change | -16.45 % | -4.58085 % |
| 30 day change | -1.36 % | -0.0226001 % |
| 200 day change | 131.36 % | 127.053 % |
| Year change | -81.44 % | 110.219 % |