Casper (CSPR)
| Market Cap | $326,643,851 |
|---|---|
| Trading Volume | $5,748,799 |
| Volume / Market Cap | 0.0176 |
| Total Supply | 11,423,894,837 CSPR |
| Max Supply | – |
Casper is currently trading at $0.0306, after a price change of 1.63% in the last 24 hours.
Ranked as cryptocurrency #88 by capitalization today, CSPR market cap is valued at $326,643,851. CSPR trading volume reached $5,748,799 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on CSPR coin price prediction page.
What is Casper Network?
Casper Network is a layer-one blockchain for scalability in decentralized applications. The protocol is secured through the CBC Casper-based proof-of-stake consensus algorithm called Highway. Casper has no on-chain governance function but instead uses an Enhancement Proposal Process in network development and code changes. Under the governance, users can submit a proposal to the validators and core developers who then make the final decision.
CSPR is the utility token powering the Casper network. The token is used in paying for transaction fees and can be staked on the protocol for use in network security in return for inflation rewards.
There are 4.45 billion circulating CSPR tokens from an uncapped supply of 10,773,881,214. Before the mainnet launch, the total token supply was held by CasperLabs Holdings. After the launch, 43% of the supply was allocated to public sale. CasperLabs Holding retained 10%, 16% went to Developer DAO, 8% to CasperLabs team, 6% to advisors and partners, while 17% were set aside for Casper’s private validator token sale in 2020.
Medha Parlikar and Mrinal Manohar are the co-founders of the Casper protocol. Casper mainnet went live in March 2021.