About TOM Finance
TOM Finance (TOM) is a cryptocurrency launched in 2020and operates on the Ethereum platform. TOM Finance has a current supply of 0. The last known price of TOM Finance is 169.90383904 USD and is down -0.50 over the last 24 hours. It is currently trading on 8 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
Get up to $200 for getting started
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circulating Supply
Not enough data
Max Supply
Not enough data
Total Supply
Not enough data
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Overall Price Change (1Y)
Additional info about TOM Finance
Recent trends
The current price is $0.31 per TOM with a 24-hour trading volume of $0.00.
Market details
TOM vs markets
Not enough data
TOM vs BTC
Not enough data
TOM vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xF7970499814654CD13Cb7B6E7634A12a7A8A9ABc |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.31 | NaN% |
1 Day | $0.31 | 0.00% |
1 Week | $0.31 | 0.00% |
1 Month | $1.00 | 0.00% |
1 Year | $2.61 | 0.00% |
FAQ
TOM Finance is an automated market-making (AMM) decentralized exchange created on the Ethereum blockchain network. The platform aims to convert TOM Finance into a novel decentralized forum with fairly distributed tokens to users. TOM Finance is known to be a TMTG’s (The Midas Touch Gold) decentralized finance (DeFi) project.
With the launch of TOM Finance, The Midas Touch Gold (TMTG) aims to launch a liquidity mining event. This is an event in which holders of cryptocurrencies lend their assets to a DEX (decentralized exchange) in return for rewards. The platform seeks to allow its users to build any kind of liquidity pool amid any two ERC20 tokens. Users can be liquidity providers by staking an equal portion of both tokens in the existing pools, increasing the liquidity of the pool, and acquiring LP fees for transactions taking place.
TOM Finance exchange enables users to exchange any ERC20 token with any other ERC20 token if there is a liquidity pool available on the exchange. If the liquidity providers stake their LP tokens on the farm at the time of mining, the TOM tokens are given in the form of compensation. Every staked TOM token in the protocol gets an xTOM token employed for voting and entitles the xTOM token holders to receive a percentage of trading fees obtained on the TOM protocol.
The native token of TOM Finance is TOM. The mining of TOM tokens takes place in two phases. The first phase experienced the mining of 25,000 TOM tokens in circulation in the first 60 days. After allocating the initial 50,000 TOM tokens, there were no new TOM tokens to be minted, which acts as an incentive to bootstrap liquidity on the forum of TOM Finance and offer rewards for the most primitive users. Also, the TOM token, when farmed, can be staked on the DEX of TOM to vote on governance proposals which eventually enable the users to obtain a share of trading fees accumulated on the DEX.
There was no team allocation or pre-sale of TOM tokens.
The total supply of TOM tokens is 50,000.
We update our TOM Finance to USD currency in real-time. Get the live price of TOM Finance on Coinbase.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
TOM Finance calculator
Related assets
Discover conversions
Popular cryptocurrencies
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.