SLF Price
(SLF)
SLF Live Price Data
The live price of SLF is $0.3288, with a total trading volume of $ 258,850 in the last 24 hours. The price of SLF changed by +1.04% in the past day, and its USD value has decreased by -8.71% over the last week. With a circulating supply of 97,000,000 SLF, the market cap of SLF is currently 31.82M USD, marking a --% increase today. SLF currently ranks #-- in market cap.
How do you feel about SLF today?
Note: This data is for reference only.SLF(SLF) Profile
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- ATH
- $0.8320
- Price Change (1h)
- -0.42%
- Price Change (24h)
- +1.04%
- Price Change (7d)
- -8.71%
- Market Cap
- $31.82M
- 24h Volume
- $258,850
- Circulating Supply
- 97,000,000
- Max Supply
- 360,000,000
About SLF
How can I buy SLF (SLF)?
Buying SLF on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy SLF (SLF) for more information. What Is Self Chain (SLF) Crypto?
Self Chain (SLF) is a Layer 1 blockchain designed for simplified Web3 access and self-custody. It uses modular intent-based technology to streamline interactions with decentralized applications (dApps), making it easier for users to manage assets without complicated key management. Self Chain features a keyless wallet infrastructure, allowing users to control their funds securely while offering tools for onboarding and recovery. The platform also supports multiple blockchain ecosystems and reduces transaction fees by using advanced account abstraction and cryptographic methods like MPC-TSS.
Self Chain aims to improve user experience in the Web3 ecosystem by automating certain processes, providing rewards for dApps, and enhancing security. It operates on a proof-of-stake consensus, which helps to lower energy consumption compared to other models.
How Does Self Chain Work?
Self Chain (SLF) is a Layer 1 blockchain designed to simplify Web3 access and asset management through keyless wallets. Instead of relying on traditional private keys, it uses a secure system called MPC-TSS, which splits the key into two parts, ensuring higher security and reducing the risk of losing access. This makes it easier for users to manage and recover their wallets without worrying about seed phrases.
Self Chain also focuses on improving the user experience by interpreting user intentions through AI and automating certain actions within dApps. It rewards dApps for efficiently resolving these user intents, which improves the overall interaction on the platform. The system operates on a proof-of-stake consensus, meaning users can stake SLF tokens to secure the network and earn rewards.
Overall, Self Chain aims to make blockchain interactions smoother, safer, and more accessible for both developers and users.
History of Self Chain and SLF Coin
Self Chain (SLF) launched on June 6, 2024, as a rebranded version of the Frontier project. This blockchain focuses on simplifying Web3 access with keyless wallets and improving user experience through intent-based technology. The migration from Frontier's $FRONT token to Self Chain's $SLF token occurred at a 1:1 swap ratio, following a community vote.
The Self Chain team has designed the platform to allow users full control over their assets while ensuring strong security through MPC-TSS (Multi-Party Computation Threshold Signature Scheme). The project operates on a proof-of-stake consensus, where users can stake SLF tokens to secure the network and participate in governance. Validators play a crucial role in maintaining the blockchain's integrity.
The roadmap for Self Chain includes multiple stages of development. As of 2024, Stage 1 of the mainnet launch has been completed, and Stage 2 is underway, focusing on token migration and staking. Future phases aim to decentralize the network further by increasing validator participation.
What Is SLF Token Used for?
The Self Chain (SLF) token serves several important functions within the Self Chain ecosystem:
1. Transaction Fees: You use SLF tokens to pay for transaction fees on the Self Chain network, ensuring smooth and efficient operations.
2. SLF Staking: You can stake your SLF tokens to help secure the network. By doing this, you contribute to the network’s security and earn rewards through the Delegated Proof-of-Stake (DPoS) mechanism.
3. Governance: As an SLF token holder, you can participate in governance decisions, allowing you to vote on upgrades and changes to the network.
4. Collateral: SLF tokens can be used as collateral in decentralized finance (DeFi) applications built on the Self Chain network, adding liquidity and enhancing utility within the ecosystem.
5. Fee Markets and Trading: SLF tokens enable a dynamic fee market, where users can incentivize validators to prioritize their transactions. Additionally, they can be used to pay trading fees on exchanges within the Self Chain ecosystem.
You can also trade Self Chain crypto against other listed cryptocurrencies on the KuCoin Spot Market after doing your own research (DYOR). Based on your investment goals and risk tolerance, you can buy, sell, or HODL $SLF in your portfolio.
What Is Self Chain Tokenomics?
The total supply of SLF tokens is 360 million, distributed across several key areas:
> 28% of tokens are set aside for validator nodes and growth sales,
> 25% for migration,
> 19% for ecosystem development, and
> 8% for the team.
Tokens are subject to various unlocking schedules, with some available immediately upon the mainnet launch and others vesting over several months to years.
SLF (SLF) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $0.0033 | 1.04% |
7 Days | $-0.0314 | -8.71% |
30 Days | $-0.0658 | -16.66% |
3 Months | $0.0198 | 6.44% |
24H Investment Barometer
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
SLF Conversion Rate
FAQ
How much is 1 SLF (SLF) worth?
KuCoin provides real-time USD price updates for SLF (SLF). SLF price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time SLF to USD exchange rates. Is Self Chain (SLF) a Good Investment?
Investing in Self Chain (SLF) offers several potential advantages:
1. Innovative Technology: Self Chain is built with advanced features like keyless wallets using Multi-Party Computation (MPC-TSS). This makes it secure while simplifying asset management and recovery, which can enhance user adoption in the long run.
2. Strong Ecosystem: The SLF token powers an ecosystem focused on decentralized applications (dApps) and cross-chain interactions. As Self Chain grows, dApp developers are rewarded for successful execution of user intents, further driving adoption.
3. Staking Rewards: SLF operates on a DPoS mechanism, allowing you to stake tokens and earn rewards, contributing to the network’s security and decentralization.
4. Governance Participation: As an SLF token holder, you can participate in governance decisions, giving you a voice in the future development of the network.
5. Growth Potential: With a capped supply of 360 million tokens and a transparent allocation plan, the value of SLF could appreciate as the network expands and adoption increases.
What Is Self Chain Price Prediction?
Understanding these factors helps you make informed decisions when considering the SLF price prediction:
1. Market Demand and Supply of SLF Tokens: The circulating supply of SLF and the market's demand for it affect the SLF to USD price. With a total supply of 360 million tokens, fluctuations in how much is being traded can create price volatility.
2. Self Chain Staking and Network Security: Since SLF operates on a DPoS mechanism, more tokens being staked to secure the network can influence the Self Chain price. When staking increases, supply in circulation may decrease, potentially driving up the $SLF price.
3. Utility and Adoption of SLF Coin: SLF is used for transaction fees, staking, governance, and as collateral within decentralized applications. As the Self Chain ecosystem grows, greater adoption of these use cases can positively impact the SLF token price.
4. Crypto Market Sentiment: Factors like broader crypto market trends, investor sentiment, and external events can heavily affect the SLF coin price. A Fear & Greed index reflecting negative sentiment may drive prices lower, while positive developments can push prices higher.
5. $SLF Liquidity and Trading Volume: High trading volume and liquidity on exchanges provide more opportunities for buying and selling, impacting the SLF crypto price stability and movement of SLF.
How to Stake SLF Tokens on Self Chain Network
Staking SLF not only allows you to earn staking rewards but also contributes to securing the Self Chain network. To stake SLF tokens on the Self Chain, follow these steps:
1. Set up a Keplr Wallet: You'll need a Keplr wallet to manage your SLF tokens. If you don’t have one, create and fund it with SLF tokens.
2. Access the Staking App: Go to the Self Chain Staking Application. Connect your Keplr wallet to the staking app.
3. Choose a Validator: Browse the list of validators. Look for one with a high staked amount, a low commission rate, and a favorable Annual Percentage Rate (APR). Once selected, input the amount of SLF you want to stake.
4. Delegate Tokens: Confirm the staking transaction in your wallet. After successful delegation, you'll see your staking position in the app.
5. Claim Rewards: You can claim staking rewards by clicking the "Withdraw Rewards" button in the staking app.
What is the all-time high price of SLF (SLF)?
The all-time high price of SLF (SLF) is $0.8328. The current price of SLF is down 60.48% from its all-time high.
What is the all-time low price of SLF (SLF)?
The all-time low price of SLF (SLF) is $0.2421. The current price of SLF is up 35.91% from its all-time low.
How much SLF (SLF) is there in circulation?
As of 12 25, 2024, there is currently 97,000,000 SLF in circulation. SLF has a maximum supply of 360,000,000.
What is the market cap of SLF (SLF)?
The current market cap of SLF is $31.82M. It is calculated by multiplying the current supply of SLF by its real-time market price of $31.82M.
How do I store SLF (SLF)?
You can securely store your SLF in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your SLF include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert X Empire (X) to cash?
You can instantly exchange your X Empire (X) for cash using KuCoin's Fast Trade feature. This feature enables you to convert X to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.