Cryptocurrency Timeless (LIT)
The price for Timeless (LIT) cryptocurrency is currently 0.053 $ (15 min delay),
daily range of currency change is 0.051 - 0.057 .
Last 24 hours news: trading volume -
141.47K $, price variance
-0.59%
.
The highest trading volume belongs to the pair 0XFD0205066521550D7D7AB19DA8F72BB004B4C341/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 at the Balancer V2 exchange
Project Website - https://timelessfi.com/
Explorer of transactions - https://etherscan.io/token/0xfd0205066521550d7d7ab19da8f72bb004b4c341
Twitter Account - https://twitter.com/Timeless_Fi
Chart Timeless (LIT)
| Current price Timeless (lit) | 0.053 $ |
| Market Capitalization | 3.83M $ |
| Trading Volume last 24h | 3.43K $ |
| Minimum exchange rate (24h) | 0.017 $ |
| Maximum exchange rate (24h) | 0.017 $ |
| Market cap rank | № 1942 |
| Absolute maximum | 0.16 $ |
| Absolute minimum | 0.0010 $ |
Timeless Quotes
|
#
|
Exchange
|
Pair
|
Price
|
Spread
|
Volume
|
Last traded
|
|---|---|---|---|---|---|---|
| 1 | 0XFD0205066521550D7D7AB19DA8F72BB004B4C341/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 |
0.017 $
0.01696443$
|
0.6% | 2.34K $ | 2024-04-29 09:56:44 |
What is Timeless (LIT)
LIT, or Liquidity Incentive Token, is the core component of Timeless' liquidity engine, Bunni. Bunni is a liquidity engine that was built on top of Uniswap v3. It was initially released in October 2022 as a public utility that represents Uniswap v3 liquidity positions as fungible ERC-20 tokens instead of NFTs. This allows for more complex incentivization schemes to be created for Uniswap v3 liquidity. Timeless hopes that by launching LIT, other projects will be able to incentivize their token liquidity at a much higher level of efficiency. Additionally, Timeless will use LIT and Bunni to bootstrap liquidity in its own yield token markets.
Since its initial release, Timeless has continued to improve and develop Bunni, turning it into a full-fledged liquidity engine, with improvements to its tokenomics inspired by protocols such as Curve and Balancer. These improvements aim to:
- Encourage the longevity of the protocol by disincentivizing farming-and-dumping and aligning the interests of liquidity providers and LIT holders
- Provide the protocol with a large treasury to fund growth and reduce LIT price volatility
- Maintain a high level of liquidity for LIT
You can read more about the LIT tokenomics on our blog.
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Trading discount
