COINDEPO

COINDEPO, whose native token carries the symbol COINDEPO and is also referred to as CDP, is a decentralized finance application built within the Ethereum ecosystem that combines high-yield deposit accounts with instant crypto lending. The platform targets cryptocurrency holders who want to earn passive income on their holdings without giving up access to their funds, addressing the tension between yield and liquidity that exists in many traditional staking or lock-up products. It also incorporates a charitable mechanism by which 3% of the total token supply is automatically directed to social causes through the smart contract.

CoinDepo operates as a DeFi application on Ethereum, meaning its logic runs through smart contracts rather than through a proprietary blockchain, so there is no native consensus algorithm or block time associated with the token itself. Users deposit cryptocurrencies or stablecoins into the platform and, in return, can earn up to 24% APR with daily compounding; the COINDEPO token underpins rewards distributed across the platform and grants holders participation in governance decisions. The 3% charitable allocation is embedded directly in the smart contract, executing automatically without requiring manual intervention.

The data provided does not include a documented fee stream, revenue figures, or information on who pays fees or who receives them, so fee-based measures cannot be calculated or commented on from the available record. What the data does show is a circulating supply of approximately 274 million tokens against a maximum supply of 1 billion, meaning only about 27.41% of all tokens that will ever exist are currently in circulation at this point in time. The dilution overhang, also measured at this point in time, stands at 264.87%, indicating that the volume of tokens not yet in circulation is roughly 2.65 times the current circulating supply, which is a structural feature of the token's supply schedule worth noting. The fully diluted valuation is 3.65 times the current market capitalisation of approximately 33.1 million USD, reflecting that same unlocked supply sitting outside current circulation.