What is EXTRA FINANCE(EXTRA)?

Basic information about EXTRA

Coin name:

Extra Finance

Coin symbol:

Coin introduction:

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 Optimism What’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 V2 What 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. (`$veEXTRA` holders only) Vote & Governance in the community. `$veEXTRA`is the voting power in Extra Finance's on-chain governance process. Users could use it to cast for/against community proposals.

Current Price:

$0.005054More coin details

All-time high:

$0.29

All-time low:

$0.004820

EXTRA Supply Info and Tokenomics

Circulating supply:

444,016,922

Total supply:

855,228,478

Max supply:

1,000,000,000

Market cap:

$2.24M

Fully diluted valuation:

$5.05M

What is the outlook and future value of EXTRA?

The current market cap of EXTRA is $2.24M, ranked 2839 in the market, showing that the market already recognizes the value of EXTRA. When a bull market arrives, the market cap of EXTRA may continue to grow.

Moreover, if EXTRA can play a greater role in real-world applications—such as if the Monero developers can fully empower EXTRA and establish partnerships with more business partners to expand its user base—then the long-term value of EXTRA will be further enhanced.

What is the price of EXTRA in 2027?

According to the historical price performance prediction model of EXTRA, the price of EXTRA is expected to reach $0.005307 at 2027.

Note: As with any crypto investment, investors should closely monitor EXTRA’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get EXTRA?

Purchasing EXTRA with cash is not the only way to obtain EXTRA. If you have enough time, you can get EXTRA for free.

Learn how to get Hot rewards for free with EXTRA.

Earn free EXTRA by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get EXTRA airdrops for free.

All crypto airdrops and rewards can be exchanged for EXTRA through LBank spot trading.

Buy EXTRA starting from $1

What is EXTRA used for and how to use it?

The use cases for EXTRA may grow with the development of the crypto market and project progress. Currently, you can use EXTRA to:

Arbitrage trading of EXTRA

EXTRA is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many EXTRA trading pairs to suit your needs.

Earn yield with EXTRA

You can also lend out EXTRA or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your EXTRA gains.

Send or pay with EXTRA

If you want to pay someone with EXTRA, you can easily and quickly send EXTRA to them using their receiving address.

You can also visit the official website of Extra Finance to learn more use cases of EXTRA, such as whether the Extra Finance project supports community/eco apps or buying physical or virtual goods with EXTRA.