What is DERO(DERO)?

Basic information about DERO

Coin name:

Dero

Coin symbol:

Coin introduction:

DERO is a general purpose, private and decentralized application platform that allows developers to deploy powerful and unstoppable applications where users retain total control over their assets with complete privacy. It is our goal to create a sound monetary framework that will globally safeguard the privacy of all users and empower free markets to thrive with complete auditability. Stargate is built upon the first homomorphic encryption blockchain protocol. Simply put, account activity on the DERO network is never decrypted by anyone other than its owner using a homomorphic encryption scheme for all transactions on the network, including transactions to and from smart contracts. This is achieved using a new and unique homomorphic encryption scheme (DERO-HE) and the underlying DERO Homomorphic Encryption Blockchain Protocol (DHEBP). Stargate also comes with some convenient features including: - Homomorphic encryption account model - Human-readable addresses (usernames) - Efficient and decentralized proof-of-work mining - Instant coin and token balance syncing - Native token transfers via wallet - Support for both public and private token smart contracts - Web socket support for connectivity with decentralized applications - Transfer settlement in ~18 seconds (1 block) - Blockchain pruning (light nodes) - Fixed supply with halving

Current Price:

$0.15More coin details

All-time high:

$27.29

All-time low:

$0.09

DERO Supply Info and Tokenomics

Circulating supply:

12,677,351

Total supply:

18,400,000

Max supply:

20,999,999

Market cap:

$1.94M

Fully diluted valuation:

$3.21M

What is the outlook and future value of DERO?

The current market cap of DERO is $1.94M, ranked 2928 in the market, showing that the market already recognizes the value of DERO. When a bull market arrives, the market cap of DERO may continue to grow.

Moreover, if DERO can play a greater role in real-world applications—such as if the Monero developers can fully empower DERO and establish partnerships with more business partners to expand its user base—then the long-term value of DERO will be further enhanced.

What is the price of DERO in 2027?

According to the historical price performance prediction model of DERO, the price of DERO is expected to reach $0.16 at 2027.

Note: As with any crypto investment, investors should closely monitor DERO’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get DERO?

Purchasing DERO with cash is not the only way to obtain DERO. If you have enough time, you can get DERO for free.

Learn how to get Hot rewards for free with DERO.

Earn free DERO by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get DERO airdrops for free.

All crypto airdrops and rewards can be exchanged for DERO through LBank spot trading.

Buy DERO starting from $1

What is DERO used for and how to use it?

The use cases for DERO may grow with the development of the crypto market and project progress. Currently, you can use DERO to:

Arbitrage trading of DERO

DERO is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many DERO trading pairs to suit your needs.

Earn yield with DERO

You can also lend out DERO or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your DERO gains.

Send or pay with DERO

If you want to pay someone with DERO, you can easily and quickly send DERO to them using their receiving address.

You can also visit the official website of Dero to learn more use cases of DERO, such as whether the Dero project supports community/eco apps or buying physical or virtual goods with DERO.