What is Aragon (ANT)? - Coinleaks
Current Date:November 7, 2024

What is Aragon (ANT)?

Aragon is software based on the Ethereum blockchain, used to create decentralized exchanges. Consisting of three main components, the project works to be open source.

What is Aragon Network?

Aragon is open source software available on the Ethereum network. Aragon Network, which works for the creation and maintenance of decentralized companies, was established in 2016. Its founders are Luis Ivan Cuende and Jorge Izquierdo. Aragonese association The Aragonese Association is a Swiss-based non-profit organization. He is the legal representative of the project and is responsible for the management of the funds raised from the Aragon Network Token sale. The system represented by the network facilitates communication between users and services while supporting them.

The platform has recently released ANTv2. ANTv2 uses 66 percent less gas. It also supports meta-transactions and allows users to participate in Aragon Network voting.

What is ANT Coin?

ANT coin is the native cryptocurrency of the Aragon network. Built on Ethereum, the token works based on the ERC-20 standard. The network, which has multiple utilities, is distinguished by the ability of decentralized organizations to power their infrastructure and connect DAO users through Ethereum.

A decentralized organization on the network can also have direct interactions through the Aragon Agent application and the use of Ethereum smart contracts.

How Does Aragon Work?

Powered by ANT, Aragon allows users to create their own DAO. The network allows anyone to create and host decentralized applications, while creators can profit based on the use of their applications. Aragon offers all the necessary functions to maintain and form DAOs, including an incentive model for contributors, fundraising, and community involvement. To make a DAO, developers first need to use AragonOS, a smart contract framework with built-in features for decentralized organizations.

And also; manages all actions towards a DAO’s material resources, including finance, making payments, accessing transaction histories, and balances. It can also provide access to the Court of Aragon where ANT token disputes are pending.

In short, the Aragon DAO user has the right to use three features:

  • Finance: It helps to manage an organization’s resources. Participants can submit transactions, access transaction history and view the DAO’s asset balance.
  • Tokens:ARN tokens can be used to manage membership and structure within a DAO.
  • Voting system:It is used for token holders to raise issues, vote and review results.

ANT Market Data

There are many sources available to access ANT coin market data. These resources include websites such as CoinMarketCap, CoinGecko, CoinCodex, and CryptoCompare. These websites show the current prices, volumes, market caps and exchanges of cryptocurrencies. In addition, these websites also provide historical price data of a particular cryptocurrency so users can monitor its price movements.

In addition, cryptocurrency exchanges also provide cryptocurrency market data. On these exchanges, cryptocurrencies are traded at different prices, so users may want to keep track of price differences between different exchanges. Some popular cryptocurrency exchanges include Binance, Coinbase, Kraken, Bitfinex, and Huobi. Most exchanges provide market data such as price and volume data using their own APIs.

How Much is ANT Coin ATH?

The highest ATH price of ANT coin was recorded as 14.64 USD on April 6, 2021. This figure represents the highest level ANT has ever seen. In other words, it reflects the potential of the coin for the users who will invest, and also determines the time for the selling opportunity.

How Much is ANT Coin ATL?

ANT coin lowest ATL price is 0.30 USD on 27 November 2018. For the coin, which has bottomed at these levels before, investors can anticipate a buying opportunity time. ATL, short for “All Time Low”, stands for all-time low.

How Much Is Aragon Supply and Price?

The cryptocurrency market is a rapidly changing market and its prices are highly dependent on supply and demand conditions. Since cryptocurrencies are decentralized, there are many factors that affect their prices. These factors include the popularity of the cryptocurrency, its use case, mining difficulty, transaction speed, and production costs.

The Aragon supply is 40 million units, with a market value of $118 million. The current price of ANT is as follows:

Aragon (ANT)

2.80 $

On Which Exchanges Is Aragon (ANT)?

Cryptocurrency exchanges are online platforms where digital or virtual currencies are traded. These exchanges are an intermediary for users to sell cryptocurrencies to other users or buy cryptocurrencies from other users. Some of the exchanges where you can buy ANT coins can be listed as follows:

  • Binance
  • Uniswap (V2)
  • Coinbase Exchange
  • KuCoin
  • Kraken
  • Bitfinex
  • Bitstamp
  • OKX
  • Gate.io
  • Huobi
  • bitget
  • DigiFinex
  • bitay
  • hotbit
  • XT.COM