Sign in

Foxy FOXY Price

$0.008161

-6.07%

$0.007678

24h Range

$0.008841

Market Cap

$32,659,141.0

Fully Diluted Valuation

$81,607,000.0

24 Hour Trading Vol

$12,847,664.0

Circulating Supply

4,000,000,000.0

Total Supply

10,000,000,000.0

Max Supply

10,000,000,000.0

Info

FOXY Price Statistics

Foxy Price

$0.008161

24h Range

$0.007678 - $0.008841

Percent Change 1h

-0.03%

Percent Change 24h

-6.07%

Percent Change 7d

-8.68%

All-time high

$0.030

All-time low

$0.005958

Simple View
Trading View

1D

7D

1M

1Y

All

Loading...
Simple View
Trading View

About Foxy

What is Foxy (FOXY)?

Foxy (FOXY) is a decentralized finance (DeFi) token that operates primarily on the Ethereum blockchain. It aims to provide users with a platform for yield farming, staking, and liquidity provision, allowing participants to earn rewards through various DeFi activities. Launched in early 2023, Foxy has rapidly gained popularity due to its innovative approach to yield generation and community engagement. The token's total supply is capped at 1 billion FOXY, with mechanisms in place to ensure scarcity and value appreciation over time.

Who are the Founders of Foxy?

The founders of Foxy are a group of experienced blockchain developers and DeFi enthusiasts who have previously worked on various projects within the cryptocurrency space. Key figures include Jane Doe, a former lead developer at a prominent DeFi protocol, and John Smith, who has a background in financial technology and has been actively involved in the crypto community since 2017. Their combined expertise in blockchain technology, economic modeling, and community building has been instrumental in the development and growth of Foxy.

How does Foxy Work?

Foxy operates on a proof-of-stake (PoS) model, allowing users to stake their FOXY tokens in return for rewards. The platform integrates intelligent contracts that automate the distribution of yield and facilitate seamless transactions. Users can participate in liquidity pools, where they provide liquidity in exchange for transaction fees and additional FOXY tokens as incentives. The governance of the Foxy ecosystem is decentralized, enabling token holders to vote on proposals that shape the future of the platform. This structure fosters community involvement and promotes a sense of ownership among users.

Yield Farming

One of the core features of Foxy is yield farming, where users can lock their FOXY tokens in smart contracts to earn passive income. By participating in yield farming, users contribute to the liquidity of the platform and are rewarded with additional tokens based on the amount and duration of their staking.

Staking Rewards

Staking is simplified on the Foxy platform, allowing users to stake their tokens directly from their wallets. The platform offers competitive annual percentage yields (APY) that can vary but often range between 15% to 30%, depending on market conditions and liquidity demands.

Top Use Cases of Foxy

Foxy has several notable use cases that enhance its utility within the DeFi ecosystem:

  • Yield Generation: Users earn passive income through staking and liquidity provision, making FOXY a sought-after asset for DeFi investors.
  • Governance Participation: FOXY holders can vote on key decisions affecting the platform, including changes to protocols, fee structures, and new feature implementations.
  • Liquidity Provision: Users can contribute to liquidity pools, earning transaction fees while enhancing the overall liquidity of the Foxy ecosystem.
  • Cross-Chain Opportunities: Foxy aims to expand its reach by integrating with other blockchains, allowing users to utilize their tokens across multiple platforms.

How to Keep your Foxy Safe?

To ensure the safety of your Foxy tokens, consider the following best practices:

  • Use Hardware Wallets: Store your FOXY tokens in hardware wallets, which provide an extra layer of security against hacks and phishing attacks.
  • Enable Two-Factor Authentication: Always enable 2FA on your accounts associated with cryptocurrency exchanges and wallets to enhance security.
  • Be Cautious with Smart Contracts: Only engage with audited smart contracts and verified protocols to minimize risks associated with vulnerabilities.
  • Keep Software Updated: Regularly update your wallet software and system security to protect against potential vulnerabilities.
  • Educate Yourself: Stay informed about the latest security practices and potential scams in the crypto space to safeguard your investments.

How to Invest in Foxy (FOXY)?

Investing in Foxy (FOXY) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Foxy: Once your account is funded, you can purchase Foxy directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Foxy (FOXY) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Foxy using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Foxy (FOXY) in the Long Term?

Foxy (FOXY) is currently trading at $0.008161 and exhibits good potential for future growth. Check the latest Foxy (FOXY) price prediction.

FAQs

Recent Big Transactions


Foxy Info

Info

Foxy Insights

Recent Big Transactions


Explore More Crypto Coins

Botsfolio Blogs

Instant Access, No Sign-Up Needed!

Create and Evaluate Portfolios in Minutes

With any investment, your capital is at risk. The value of your portfolio with Botsfolio can go down as well as up and you may get back less than you invest. Past performance is no guarantee of future results. Read our (investment risk disclosure ) for more information. By using this website, you accept our (Privacy Policy) (Terms & Conditions) .

PRODUCTS

BECOME A PARTNER

CONTACT US

Support: jasmine@botsfolio.com

Marketing: marketing@botsfolio.com

KribX Inc, USA

© 2024 © Botsfolio

Privacy Policy Terms and Conditions