FloraChain Coin Review : Is It Good Or Bad Coin Read Our Article

About FloraChain Coin

FloraChain Coin aims to build a game-changing decentralized ecosystem by leveraging blockchain and DeFi technology. FloraChain’s decentralized ecosystem consists of Flora Blockchain, Flora Wallet, Flora Web Browser, Flora Yield Protocol, Flora Staking Pool and various official DApps such as Flora Locker, FloraSwap, Flora Farming Pool, Flora Bridge etc.

FloraChain Coin Basic Point Table

Video Of FloraChain Coin

FYT Price Live Data

The live FloraChain price today is $3.28 USD with a 24-hour trading volume of $449,597 USD. We update our FYT to USD price in real-time. FloraChain is down 10.31% in the last 24 hours. The current CoinMarketCap ranking is #3013, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000 FYT coins.

Blockchain

FloraChain Coin Blockchain is a layer-1 blockchain powered by Proof of Work consensus. Proof of Work (PoW) is a consensus mechanism that is designed to make cryptocurrencies trustless and decentralized. Any decision regarding the network and upgrade is carried out by on-chain governance. With governance, miners can propose and vote for changes and network improvements. Flora Blockchain uses the “Ethash” algorithm for mining and verifying transactions. Flora Blockchain is EVM (Ethereum Virtual Machine) compatible. Any application or smart contract that can run on Ethereum can also run on Flora Blockchain. The native coin of Flora Blockchain is Flora coin (FLORA).

Flora Wallet

FloraChain Coin Wallet is a secure multi-chain wallet that is designed for millions of crypto users. Flora Wallet is a decentralized, non custodial wallet that allows users to own and control the private keys to their cryptocurrencies. Flora Wallet is rich in useful features such as custom network, custom token and NFT support, portfolio tracking, price alerts etc. It can communicate to DApps through Web3 technology – that means it can be used in any kind of DApps such as DEX, farming and staking pools, launchpads etc.

Flora Yield Protocol

FloraChain Coin Mutual Fund System. Positive Yield Loop. Flora Yield Protocol is a special yield program that lets users earn stablecoin USDT by staking a special token – Flora Yield Token (FYT). The method of generating and sustaining yield of the protocol was invented by FloraChain’s founder. He invented the concept of “Positive Yield Loop” and is currently experimenting with it in Flora Yield Protocol. The protocol raises capital by selling FYT in a controlled manner. Yield is generated using the capital, converted to USDT and fairly distributed to FYT holders via staking pool. The APR depends on the total USDT balance of the pool. There are 2 ways to generate

FloraChain Feature Overview

Decentralized

FloraChain Coin Proof of Work consensus – ensuring complete decentralization.

Flora Wallet

A decentralized multi-chain wallet focused on Web3 technology.

Flora Browser

A web browser with reward system created for crypto community.

Flora Yield Protocol

Yield pool that rewards USDT for staking.

Smart Staking

FloraChain Coin Regular and tiered staking system ensuring incentives for HODLing.

Flora Bridge

Enables cross-chain transactions between FloraChain and other chains.

Where Can You Buy FloraChain ?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest WBNB/WAIFU. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WBNB/WAIFU And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

FAQ Of FloraChain