Find out about Waves (WAVES), it’s easy!

How does Waves and its Proof-of-Stake mechanism work? Follow the price, trend and features of its proprietary token.

Waves is not supported by Young Platform.

What is Waves?

Waves is a blockchain designed for the creation and support of smart contracts and DApps. One of its main functions is to enable the creation of tokens and cryptocurrencies by users. Waves has a user-friendly interface and does not require users to have advanced blockchain programming skills. The ecosystem includes a decentralised exchange, where user-created cryptocurrencies are also listed. Waves also stands out because of its speed in performing complex transactions and operations.

Why follow Waves?

Waves is based on the Proof-of-Stake consensus mechanism, and it strives to be completely eco-friendly. Specifically, Waves’ consensus mechanism is called Leased PoS. It allows for holders to lease WAVES coins to validators of the network. The leasing mechanism inherent in the consensus algorithm is similar to the delegation found in other PoS blockchains, and it allows the entire network to participate in the validation of transactions and receive rewards. Why follow Waves? The project consists of multiple products and functionalities. The most famous are the Gravity cross-chain network, the DeFi Neutrino platform and the whole ecosystem of apps accessible from the official website.

How was it created?

Waves boasts more seniority than other DeFi platforms. The project was launched in the summer of 2016 through an Initial Coin Offering. At the beginning of the project, the goal was to pursue a blockchain idea along the lines of the first altcoins. However, lately, the direction of the Waves team focuses on the new frontiers of decentralisation: Web3, DeFi, DAO and GameFi.

Stay up to date with the price of Waves

Price 24H

Change 24H

Daily High

Circulating Supply

Market Cap

Volume

Create your account in 3 steps on Young Platform

Enjoy free registration and full control over your funds. Move your money how you want, when you want.

Pay with Card, Bank Transfer or Apple and Google Pay

Start with every penny you have. Whoever said you need a fortune to enter this market has misled you.

Instantly Buy and Sell

Tailor your strategy and leverage automation to maximise your outcomes. Trade on your own terms.

What does the Young Platform do?

Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.