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CLYCLY Price Today
The live Colony price today is $0.11110029 with a 24-hour trading volume of $3,602.85. Colony is -0.63% in the last 24 hours.The current MyToken ranking is #-- ,with a live market cap of $11,998,709.50 . It has a circulating supply of 107,983,960 CLY and a max supply of 150,000,000 CLY.
What Is Colony?
Colony is a community-driven accelerator that morphs into a DAO to facilitate Avalanche's ecosystem growth. Supported by governance tokens: $CLY.
Colony will deploy funds in Avalanche's early projects, provide liquidity for DeFi protocols, maintain an index of top Avalanche projects, and validate the network with stacking capabilities.
Our open governance ensures that capital is allocated in the Avalanche ecosystem only for its own benefit. The real support and value generated by Colony investments is returned to the community through airdrops, buyback mechanisms, and pledge rewards.
Colony provides an incentive base for new applications on Avalanche's platform with a first-of-its kind funding mechanism. It combines the power of traditional venture capital and blockchain-based communities with open governance, support and inclusion. Colony's Governance allows the community to leverage its knowledge, actions, and intentions.
A first for the entire crypto field. Our inclusive DAO introduced a new concept: ecosystem agriculture. A coin can access the entire ecosystem of development, avalanche. It is almost impossible for ordinary investors to invest in a project while it is still in its early stages. These types of investments are usually limited to venture capital, angel investors, etc. Colony has conceived a revolutionary way to bridge this gap.
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