Introducing the Algo
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
Active Addresses (1M)
Block Time
Forks
Network Downtime
Committed to Governance
number of governors
current period 3 rewards
circulating supply
Active Addresses (1M)
Block Time
Forks
Network Downtime
Committed to Governance
number of governers
current period 3 rewards
Step 2: Get a Wallet
Find the digital wallet that works best for holding your Algo.
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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.