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Decentralizing Governance
The Algo is the native token of the Algorand blockchain, and is one of the most versatile tokens in crypto. It is used to:
- pay for transactions
- purchase on-chain items such as NFTs
- purchase goods and services
- participate in DeFi as an investor
- participate in governance, and earn rewards
- secure consensus among participation nodes
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circulating supply
6,948,827,845
Active Addresses (1M)
432,182
Block Time
4.29s
Forks
Network Downtime
Committed to Governance
6,709,254,353
number of governors
33,676
current period 3 rewards
70.5M
circulating supply
6,948,827,845
Active Addresses (1M)
432,182
Block Time
4.29s
Forks
Network Downtime
Committed to Governance
6,709,254,353
number of governers
57,137
current period 3 rewards
70.5M
Speed
Speed
Send money to anyone, anywhere, anytime. Transaction finality in under 4.5 seconds. Avoid the wire transfers, forms, banks, and delays with Algo.
Scale
Built for billions of users. Payments won’t slow down, no matter how many Algo users there are.
Secure
Secure
This blockchain is different. Algorand doesn’t fork and uses the most advanced cryptography to protect your data and privacy.
Transparent
Transparent
The fixed and immutable total supply of Algo was created at the launch of the Algorand blockchain. At any time, you can see how many Algo are in use.
Step 2: Get a Wallet
Find the digital wallet that works best for holding your Algo.
.png "Introducing the Algo | Algorand Foundation (41)")
Step 3: Use Your Algo
Discover the different ways you can participate in the Algorand ecosystem.
DeFi
DeFi
Stake, borrow, lend, trade, save or manage risk on one of Algorand's DeFi platforms.
NFTs
NFTs
Shop for NFTs from the many creators minting on Algorand, or mint your own NFT. It's easy!
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Governance
Governance
Have a say in the decision-making process of the Algorand ecosystem and earn rewards for your commitment.
