Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$0.069
Market Cap:
$0
All Time High:
99.66% $20.54
May 26, 2019
All Time Low:
283% $0.02
May 3, 2022
78.18 %(1Y)
$0.068873
Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$0.069
Market Cap:
$0
All Time High:
99.66% $20.54
May 26, 2019
All Time Low:
283% $0.02
May 3, 2022
Clams (CLAM) is a cryptocurrency launched in 2014. The asset operates as a decentralized digital currency with an embedded smart contract layer and native lending capabilities, a niche that blends programmable money with retroactive early-adopter incentives.
The defining mechanism of CLAM was a massive airdrop snapshot that froze Bitcoin, Litecoin, and Dogecoin balances from block heights corresponding to May 12, 2014. Every one of the 3,208,032 qualifying addresses received precisely 4.60545574 CLAM, a distribution model that ignored venture capital, pre-mines, or teams entirely. It was a lateral wealth transfer to an already-active user base, bypassing the typical fundraising pageantry of the era.
Clams operates on its own blockchain using proof-of-stake. There was never a proof-of-work phase. The chain bootstrapped directly into a staking model, with validators replacing miners as the sole consensus engine from genesis.
Each block resolves in exactly one minute. The hashing logic underpinning the network is not a compute-intensive puzzle but the economic weight of locked CLAM, meaning security flows from capital commitment rather than electricity expenditure. Because the initial distribution sprawled across three predecessor chains, the theoretical monetary base rests at 15,009,015.13 CLAM if every eligible holder had claimed their allocation.
The project materialized on May 15, 2014, without any identifiable founder or named executive team. Its GitHub repository—hosted under the pseudonymous handle “nochowderforyou”—has drawn modest developer attention, tallying 63 stars. The community coalesced around the unusual claim process, with a dedicated client enabling users to “dig up” their dormant CLAM by proving ownership of old private keys. Roughly 63,381 addresses completed that ritual, unearthing just under 300,000 tokens.
At its core, the project attempts a radical experiment in monetary fairness: a cryptocurrency whose supply was seeded to the earliest adopters of digital money, not to insiders. That philosophical bent extends into its functional horizon, where the network aspires to host decentralized applications, with a particular bent toward trustless lending protocols. The design implicitly argues that a widely distributed genesis reduces plutocratic risk in a smart contract economy.
Mechanically, the token itself is the sybil-resistance primitive. Validators deposit CLAM into a staking covenant, and their proportional locked weight determines block production eligibility and reward accrual. Any on-chain transaction—simple transfers, contract calls, or lending pool interactions—must be settled in CLAM, giving the asset a direct, non-speculative sink.
Validators stake CLAM to secure the ledger and capture protocol emissions. Users transacting on the network consume CLAM as a fee medium, while liquidity providers and borrowers interact with lending markets that denominate collateral and obligations in the native token.
Clams has a total supply of 17,415,984 tokens. Currently, 0 are in circulation. With a market capitalization of $0, Clams ranks #5,561 among all cryptocurrencies.
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