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About EXTRA

What is the project about? Extra Finance is a leveraged yield farming & lending protocol built on Optimism.What makes your project unique? On Extra Finance, users can implement customized farming strategies, or deposit to lending pools to earn lending interest.History of your project. Mar 23, 2023 - Testnet Launch on Optimism May 9, 2023 - Mainnet Launch on OptimismWhat’s next for your project? Extra Finance’s roadmap is as follows: 2023 Q3: Integrate CLAMM One-click Yield Farming Templates Yield Farming Simulation & Calculation Tool 2023 Q4: Release of Advanced Strategy Vaults 2024 Q1: Social Farming: User-to-User Yield Strategy Following Extra Finance V2What can your token be used for? Extra Finance uses two tokens to manage its utility and governance: $EXTRA — ERC-20 utility token of the protocol $veEXTRA — ERC-20 governance token of the protocol $EXTRA is used for rewarding liquidity providers through emissions. $veEXTRA is used for governance. Any $EXTRA holder can vote-escrow their tokens and receive a $veEXTRA in exchange.Utility By holding $veEXTRA, users can unlock the following benefits and features: APR rewards, sourced from both protocol fees and $EXTRA token incentives.

  • The protocol fee comprises various tokens collected into the treasury and is shared once per epoch. It is used to buy back $EXTRA tokens from the market and then distribute them to holders of $veEXTRA tokens.
  • A portion of the $EXTRA tokens allocated to the community will also be assigned to $veEXTRA token holders, subject to a specific emission plan.
  • At the end of each epoch, rewards will be accumulated. Unlock up to 4x leverage for yield farming pools. Gain access to lending pools with a high utilization rate. ($veEXTRA holders only) Vote & Governance in the community. $veEXTRAis the voting power in Extra Finance's on-chain governance process. Users could use it to cast for/against community proposals.
Extra Finance (EXTRA) is a cryptocurrency launched in 2023. EXTRA has a current supply of 1.00Bn with 0 in circulation. The last known price of EXTRA is 0.085870208935 USD and is -0.004896980549 over the last 24 hours. It is currently trading on active market(s) with $70,448.41 traded over the last 24 hours. More information can be found at https://app.extrafi.io/.

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EXTRA Price Statistics
EXTRA’s Price Today
24h Price Change
-$0.0048969805495.40%
24h Volume
$70,448.4127.89%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7281
EXTRA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$85.87M
EXTRA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
EXTRA Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
1.00Bn
Updated Nov 01, 2024 4:23 pm
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EXTRA
Extra Finance
$0.085870208935
$0.004896980549(-5.40%)
Mkt Cap $0
There's nothing here for now
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
BNB Chain Completes 29th Quarterly Token Burn, Eliminating $1.07 Billion in BNB
The BNB Chain ecosystem has completed its 29th quarterly BNB token burn. The burn event, announced by the BNB Foundation, removed 1,772,712.363 BNB from circulation, valued at approximately USD 1.07 billion.Key Highlights of the 29th BNB BurnTotal BNB Burned: 1,772,712.363 BNBAuto-Burn Component: 1,710,142.733 BNBBTokens Adjustment Burn: 62,569.63 BNB, covering previous BTokens that were incorrectly omitted from past Auto-Burn eventsCurrent Supply After Burn: 144,099,981.1 BNBRemaining BNB to Burn: 43,533,387.84 BNBBNB's Auto-Burn Mechanism ExplainedBNB employs a deflationary Auto-Burn mechanism to gradually reduce its supply to a target of 100 million BNB. This quarterly process operates independently of the Binance exchange, adjusting based on the current BNB price and the total number of blocks generated on BSC. The funds are sent to a designated “blackhole” address (0x000000000000000000000000000000000000dEaD) on BSC, ensuring transparency and predictability in each burn cycle.Real-Time and Pioneer Burn ProgramsBNB Chain also implements a Real-Time Burn, introduced under BEP95, where BSC validators burn a portion of gas fees with each block. This mechanism has collectively removed approximately 242,000 BNB from circulation since its inception.Additionally, BNB’s Pioneer Burn Program offers recovery options for users who have accidentally lost BNB or pegged tokens. This recovery is factored into the quarterly burn to help restore tokens lost due to unintentional errors.BNB Chain’s Vision and Future of the TokenBNB remains at the core of the BNB Chain’s Web3 and decentralized finance ecosystem. Its Auto-Burn system not only helps maintain a healthy token economy but also aligns with the platform’s broader “Build and Build” philosophy, ensuring BNB’s role in on-chain governance, transaction facilitation, and ecosystem development. With BNB Chain’s ongoing Fusion upgrade, future burns will occur directly on BSC to simplify and standardize the process.This latest burn marks another milestone in BNB Chain’s journey toward token scarcity and value preservation, as it continues to grow within the Web3 landscape.     
Nov 01, 2024 4:08 pm

Frequently Asked Questions

  • What is the all-time high price of Extra Finance (EXTRA)?

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

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  • How much Extra Finance (EXTRA) is there in circulation?

    As of , there is currently 0 EXTRA in circulation. EXTRA has a maximum supply of 1.00Bn.

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  • What is the market cap of Extra Finance (EXTRA)?

    The current market cap of EXTRA is 0. It is calculated by multiplying the current supply of EXTRA by its real-time market price of 0.085870208935.

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  • What is the all-time low price of Extra Finance (EXTRA)?

    The all-time low of EXTRA was 0 , from which the coin is now up 0%. The all-time low price of Extra Finance (EXTRA) is 0. The current price of EXTRA is up 0% from its all-time low.

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  • Is Extra Finance (EXTRA) a good investment?

    Extra Finance (EXTRA) has a market capitalization of $0 and is ranked #7281 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 Extra Finance (EXTRA) price trends and patterns to find the best time to purchase EXTRA.

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