About PORT
Port Finance is a decentralized Money Market protocol on Solana, aiming to provide a full suite of lending products including but not limited to: variable rate lending, fixed rate lending and interest rate swaps. Providing a full suite of money market products starting with variable rate lending. Utilizing Solana's high throughput and low latency, users will be able to borrow more money with the same amount of collateral compared to the Ethereum alternatives as the platform will be able to liquidate users a lot of faster Building on Solana means that Port Finance will be able to take advantage of Serum's order book to open up exciting new possibilities for the implementation of more complex financial products that do not currently exist on Ethereum One of the award-winning projects at the recent Solana HackathonOne of the very few Solana projects which have a live product on mainnet. The team is able to build fast and have a first mover advantage to build a suite of money market products in the Solana ecosystem1st IDO on Solanium (Completed on 7 August) Token launch and listing on CEX and DEX on 9 August TOKENOMICSToken utilities :
- Governance token (users will be able to vote for assets they want to list)
- Buy and burn mechanism (using borrowing fee accrued to the platform) MetricsPrivate Sale: $0.3 at $30m Valuation (Current investors include CMT Digital, Solana Foundation, Ascendex, ROK Capital etc). 15% at TGE, with the rest being vested over 12 months (7% per month) Seed Round: $0.2 at $20m Valuation (Investors include Jump Capital, GSR, Rarestone, Valhalla Capital, Solanium, Mercurial, Raydium, Defi Alliance) 10% at TGE, with the rest being vested over 18 months (5% per month) Total Supply: 100m tokens Initial market cap: 616,000 USD
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Frequently Asked Questions
What is the all-time high price of Port Finance (PORT)?
Read MoreThe all-time high of PORT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Port Finance (PORT) is 0. The current price of PORT is down 0% from its all-time high.
How much Port Finance (PORT) is there in circulation?
Read MoreAs of
, there is currently 0 PORT in circulation. PORT has a maximum supply of 0. What is the market cap of Port Finance (PORT)?
Read MoreThe current market cap of PORT is 0. It is calculated by multiplying the current supply of PORT by its real-time market price of 0.003807165524.
What is the all-time low price of Port Finance (PORT)?
Read MoreThe all-time low of PORT was 0
, from which the coin is now up 0%. The all-time low price of Port Finance (PORT) is 0. The current price of PORT is up 0% from its all-time low. Is Port Finance (PORT) a good investment?
Read MorePort Finance (PORT) has a market capitalization of $0 and is ranked #9492 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Port Finance (PORT) price trends and patterns to find the best time to purchase PORT.