1. Token purpose and strategic goals: XVG ERC-20 token is mainly a utility token designed to integrate into the Ethereum ecosystem. Its uses may include lending, farming, mortgage and other applications. This represents Verge strategically enhancing its capabilities by expanding its functionality and presence on the Ethereum blockchain and taking advantage of the rich decentralized application and smart contract opportunities offered by Ethereum.
2. Market position and performance: XVG ERC-20 token currently ranks 3307th in market capitalization. Its price has experienced volatility, with recent data showing a slight decline in value. It reached a high price of $0.000173 and the current price is around $0.000163. The total token supply is 16.555 billion.
3. Token distribution and liquidity: Approximately 5.35 billion XVG ERC-20 tokens are provided in the pre-sale to enhance liquidity. This is intended to facilitate easier access to various exchanges and improve accessibility for traders. 51% of the token supply is locked for 400 days, aiming to enhance liquidity and stability in the market. Additionally, 20% of the supply is held in burn wallets, which is expected to reduce the overall supply over time, potentially benefiting token holders.
4. Listing and Accessibility: XVG ERC-20 tokens have been listed on Uniswap, a decentralized exchange on the Ethereum network that allows users to trade XVG ERC-20 with other tokens in a decentralized manner . The listing is part of Verge’s efforts to democratize its ecosystem and give users more control.
5. Technical aspects: The token has been developed through contract source code verification and optimization, which shows that it focuses on security and efficiency in blockchain implementation $XVG
