SparkPoint Fuel (SFUEL) was launched on December 20,2020 and is the governance token of SparkDeFi, Sparkpoint’s decentralized finance platform

SFUEL is a new DeFi token project by SparkPoint Technologies Inc., the same team behind SparkPoint (SRK). SparkPoint Technologies Inc. is a duly registered corporation in the Philippines under the SEC. The project aims to fast track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.

SparkDeFi is a full-service decentralized finance solution that combines a decentralized exchange (SparkSwap), liquidity (SparkStake) and pool-based (SparkPool) staking, Ethereum ERC-20 to BSC BEP-20 bridge (SparkBridge), P2P lending and borrowing (SparkLend), and DeFi assets protocols management (SparkDash) in a seamless, transparent, secure, inclusive, and interoperable platform.

The SFUEL token was launched on the Binance Smart Chain mainnet on December 20, 2020 with an initial total supply of 150 Million SFUEL tokens.

Of the initial total supply, 18.8889% of the tokens are distributed to private sale participants with 6 months vesting and 16.67% monthly distribution. 1.1111% to early supporters with 3 months vesting and 33.33% monthly distribution.

50% or 75 Million SFUEL tokens are allocated for liquidity and staking rewards with a distribution period in accordance with the staking rewards program schedule.

10% is allocated to the team with 2 years cliff and 5 years vesting at 20% yearly distribution. Another 10% to marketing and community airdrops. And the last 10% is reserved as contingency and is locked for 5 years.

SparkPoint is the brainchild of Andrino Agnas, a CPA and cryptocurrency investor based in the Philippines. Andy currently serves as the Chief Executive Officer of SparkPoint. Rico Zuñiga, a serial tech entrepreneur and early advisor of SparkPoint, currently serves as its Chief Technology Officer. Rico has been in the tech industry for more than 16 years and is one of the pioneers in the Philippine tech startup industry.

SparkPoint started with a staff of 2 in 2018 and was able to grow to 17 full-time and 5 part-time employees in Q1 2021. The company continues to rapidly expand and grow to ensure the delivery of its roadmap.

SparkDeFi is a flagship project of SparkPoint with a long-term roadmap that spans from 2020 to 2022.

SFUEL is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

PancakeSwap offers the best liquidity for its SFUEL/WBNB and SFUEL/BUSD pairs. SFUEL is also tradable on BitMart (SFUEL/ETH) and Bithumb Global (SFUEL/USDT).

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

The all-time high of SFUEL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of SparkPoint Fuel (SFUEL) is 0. The current price of SFUEL is down 0% from its all-time high.

As of , there is currently 28.37M SFUEL in circulation. SFUEL has a maximum supply of 150.00M.

The current market cap of SFUEL is 0. It is calculated by multiplying the current supply of SFUEL by its real-time market price of 0.

The all-time low of SFUEL was 0 , from which the coin is now up 0%. The all-time low price of SparkPoint Fuel (SFUEL) is 0. The current price of SFUEL is up 0% from its all-time low.

SparkPoint Fuel (SFUEL) has a market capitalization of $0 and is ranked #9583 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 SparkPoint Fuel (SFUEL) price trends and patterns to find the best time to purchase SFUEL.