Details about Coffin Finance cryptocurrency
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https://coffin.finance/
@CoffinFinance
Coffin Finance price charts
COFFIN exchanges
Coffin Finance, the crypto
Coffin Finance (COFFIN) is a decentralized finance (DeFi) protocol on the Binance Smart Chain that focuses on incentivizing long-term holding of cryptocurrency assets through the use of deflationary mechanics.
The point
The main point of Coffin Finance (COFFIN) is to incentivize long-term holding of cryptocurrency assets by providing benefits to those who hold onto their tokens for extended periods of time. This benefits both the individual investor, who is rewarded with additional tokens and increased value over time, as well as the overall network, which becomes more stable and secure through increased user adoption and reduced volatility.
The problem
Coffin Finance (COFFIN) tries to solve the problem of short-term speculative trading in the cryptocurrency markets, which can lead to increased volatility, reduced network stability, and decreased overall value for investors. By incentivizing long-term holding of cryptocurrency assets, Coffin Finance (COFFIN) aims to promote a more stable and sustainable ecosystem that benefits both individual investors and the entire cryptocurrency community.
Compare COFFIN and BTC performance
| Timeframe | COFFIN | BTC |
|---|---|---|
| 1h change | 0 % | 0.109009 % |
| 24h change | 0 % | 2.18406 % |
| 7 day change | 0 % | -5.76209 % |
| 14 day change | 0 % | -3.00974 % |
| 30 day change | -16.63 % | 1.6345 % |
| 200 day change | 4.14 % | 125.613 % |
| Year change | -88.25 % | 125.789 % |