Total Value Locked (TVL)

TVL is a crucial metric for understanding the overall health and scale of the CAGA staking ecosystem. Here's a breakdown:

1. Definition of TVL

  • In Simple Terms: Total Value Locked (TVL) represents the total value of all assets currently staked within CAGA staking pools and protocols.

  • Scope: TVL typically includes the value of staked CAGA, ETH, and potentially other supported tokens.

TVL=∑(Amount StakedETH+Amount StakedCAGA)\text{TVL} = \sum (\text{Amount Staked}_{ETH} + \text{Amount Staked}_{CAGA})

2. Why TVL Matters for CAGA

  • Trust and Confidence: A high TVL signals that users trust the CAGA platform and are actively participating in its security and growth.

  • Network Security: Greater TVL corresponds to a larger pool of staked assets, making the network more resilient to potential attacks.

  • Attracting Investors: A robust TVL can be a strong indicator of project health and attract more users and investors to the CAGA ecosystem.

3. Where to Find CAGA's TVL

  • CAGA dApp: Real-time TVL figures are typically displayed prominently on the CAGA staking dApp.

  • External Tracking Websites: Popular DeFi tracking platforms often include TVL data for CAGA and other staking projects.

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