The current real-time price of CACAO is $0.1208. In the past 24 hours, CACAO has traded between $0.1202 and $0.1286, showing strong market activity. The all-time high of CACAO is $1.43, and the all-time low is $0.0008.
From a short-term perspective, the price change of CACAO over the past 1 hour is , over the past 24 hours is 0.00%, and over the past 7 days is -6.06%. These figures provide a quick overview of the latest price trends and market dynamics of CACAO on LBank.-11.52%
The live price of CACAO today is $0.1208, with a current market cap of $12.081M. The 24-hour trading volume is 1M. The price of CACAO to USD is updated in real time.
Before deciding whether to buy or sell CACAO, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s CACAO technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for CACAO.
How much will CACAO be worth tomorrow, next week, or next month in ? What about your CACAO assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! CACAO Price Prediction
To learn more about CACAO, consider exploring other resources such as the whitepaper, official website, and other published information:
CACAO is the native token that powers the entire Maya Protocol ecosystem, providing essential economic incentives. It is crucial for maintaining network security through a Proof of Bond consensus mechanism. Furthermore, CACAO is strategically paired with various external assets in liquidity pools, enabling seamless cross-chain trades and allowing users to earn transaction fees for their contributions.
Staking CACAO involves locking tokens within the protocol's smart contracts to secure the network and earn rewards. Participants can receive a share of discounted CACAO collateral resulting from liquidations, alongside continuous CACAO token emissions. The Annual Percentage Yield (APY) is dynamic, fluctuating based on liquidation events and token emission rates, and can be enhanced by opting for longer lock durations and actively engaging in governance decisions.
Users staking CACAO face several risks. The Annual Percentage Yield (APY) is variable, subject to market dynamics. There's liquidation risk, meaning a staker's CACAO balance might decrease if it's utilized to purchase liquidated collateral. General decentralized finance (DeFi) risks, such as potential smart contract vulnerabilities and economic exploits, also apply. Furthermore, users are advised to avoid common mistakes like interacting with fraudulent decentralized applications, forgetting to claim rewards, overlooking transaction fees, and choosing inappropriate lock durations for their staking goals.
CACAO is the primary operational token for Maya Protocol, essential for liquidity provision and network security, similar in function to other leading decentralized exchange tokens. In contrast, MAYA is a revenue-sharing token designed for long-term holding; it captures 10% of the fees generated by Maya Protocol. Unlike CACAO, MAYA does not grant governance rights and does not have dedicated liquidity pools for trading.
Maya Protocol is characterized as a "friendly fork" of THORChain, sharing a similar architectural foundation. Both protocols are built on the Cosmos SDK and operate as decentralized liquidity protocols that facilitate native cross-chain swaps without requiring assets to be wrapped. Maya Protocol aims to complement and further validate THORChain's innovative approach, striving to increase overall capital efficiency and expand the practical use cases for its native currency across the broader decentralized finance landscape.
The founders and development team of Maya Protocol received no initial allocation of CACAO tokens; any holdings they possess were acquired directly from the open market. The initial distribution saw 90% of CACAO allocated to early liquidity providers, rewarding their foundational contributions to the protocol's liquidity. The remaining 10% of the CACAO supply is held within the Maya Fund, which is specifically designated to manage and mitigate potential impermanent loss for liquidity providers.
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