Razor Network is a decentralized oracle network. Oracle is anything that provides external data to a blockchain. This network uses a native utility token called $RAZOR. Razor tokens are needed to be locked to participate as a staked in the network. Stakers are awarded fees as well as block rewards for participating in the network. The amount of staked tokens of the staked determine their influence in the network. The core of Razor Network is a set of smart contracts, that can run on any Ethereum compatible blockchain. Razor relies on the underlying blockchain for providing certain properties such as censorship resistance, security from network partition attacks, etc.
$RAZOR is a new cryptocurrency that was launched in February 2021. Unlike most newly launched tokens, $RAZOR has been able to garner over twenty(20) partnerships with various reputable blockchain systems including SKALE, Persistence, Paid, Vortex DeFi, SENTINEL, etc. These partnerships enable $RAZOR to be used for various functions in blockchain, among other benefits. The token has been featured on Coindesk, BTCMANAGER, PublishOx, FXstreet, etc. $RAZOR tokens indeed has a future in the crypto market.
$RAZOR has been listed on Antimatter’s ChainSwap Exchange, PancakeSwap, Gate.io, Balancer, AEX, Uniswap, etc. With the listing on ChainSwap, the token is now part of the BinanceSmartChain and HecoChain ecosystem, and Razor users will be able to swap ERC20 $RAZOR to BSC or HECO blockchain, for trading and transfer on relevant DEX supporting Binance Smart Chain and Huobi ECO Chain. This makes the tokens more accessible across chains and the broader DeFi ecosystem, opening up endless possibilities for further cooperation as well as added awareness and market adoption. $RAZOR price on coinmarketcap ranges from low $0.4151 — high $0.5097, having a Volume/Market cap of 0.05909.
The liquidity of this token is high and it is listed among the top 30 tokens on the exchange. Razor token has a very promising future so buying and investing in this token will be a smart move.