SalvorPrice(ART)
Details Salvor (ART) Price information (USD)
The current real-time price of ART is $0.0024. In the past 24 hours, ART has traded between $0.0024 and $0.0025, showing strong market activity. The all-time high of ART is $0.0747, and the all-time low is $0.0020.
From a short-term perspective, the price change of ART over the past 1 hour is
Salvor (ART) Market Information
Salvor (ART) Today's Price
The live price of ART today is $0.0024, with a current market cap of $399.883K. The 24-hour trading volume is 7.36. The price of ART to USD is updated in real time.
Salvor (ART) Price History (USD)
What is SALVOR (ART)?
When is the right time to buy ART? Should I buy or sell ART now?
Before deciding whether to buy or sell ART, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ART technical analysis can provide you with trading references.
Future price trend of ART
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ART.
How much will ART be worth tomorrow, next week, or next month in ? What about your ART assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ART Price Prediction
How to buy SALVOR (ART)
Convert ART to local currency
ART Resources
To learn more about ART, consider exploring other resources such as the whitepaper, official website, and other published information:
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SALVOR (ART) FAQ
What is Salvor (ART)?
Salvor is a decentralized platform that functions as both an NFT marketplace and a peer-to-peer (P2P) lending protocol built on the Avalanche blockchain. It enables users to trade digital collectibles while providing a unique mechanism to use NFTs as collateral to borrow AVAX. By integrating trading and lending features, Salvor aims to increase liquidity for NFT holders within the Avalanche ecosystem.
What are the primary utilities of the $ART token?
$ART serves as the native governance and utility token for the Salvor ecosystem. Its core functions include governance, allowing holders to vote on protocol changes through veART. It also facilitates revenue sharing, where platform fees generated from trading and lending activities are distributed to stakers. Additionally, $ART is used as an incentive for users who provide liquidity to the marketplace through specific mechanisms like Offer and Listing Pools.
What is the difference between ART and veART within the staking system?
ART is the liquid and tradable version of the token. When users "lock" their $ART tokens on the platform, they receive veART (vote-escrowed ART). Unlike the standard token, veART is non-transferable and represents a user's voting power within the protocol's governance. Holding veART also determines a user's eligibility for higher reward tiers and their portion of the platform's revenue distribution.
How does the lending and borrowing mechanism function on Salvor?
Salvor utilizes a P2P lending model where users can list NFTs from hundreds of supported collections as collateral. Recently, this has expanded to include popular Avalanche-based memecoins. Lenders offer AVAX loans against these assets. If a borrower fails to repay the loan by the set deadline, the collateral is typically moved to a Dutch auction to ensure the lender can recover their principal and accrued interest.
What are Listing and Offer Pools?
Listing and Offer Pools are liquidity mechanisms designed to reward active market participants. In Listing Pools, users earn $ART rewards for listing their NFTs, providing sell-side liquidity even before a sale occurs. Offer Pools reward users for placing buy-side bids, or "offers," on NFT collections. These incentives are part of programs like the Avalanche Foundation grant to encourage consistent trading and lending activity on the platform.
Where can I trade $ART and what are its technical details?
The $ART token operates on the Avalanche C-Chain with a fixed maximum supply of 160,000,000 tokens. Users can acquire and trade $ART on LBank and other major decentralized trading platforms within the Avalanche ecosystem. To ensure the safety of user collateral and smart contract integrity, the protocol undergoes regular security audits by professional firms, providing transparency for its lending and trading modules.
