HGET
Hedget
-2.06%
$ 0.03605055
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
- -Hedget$ 0.03605055$ 63,141$ 22,5830 HGET-2.06%
Hedget. Price of cryptocurrency: $ 0.03605055
What is hedget?
Hedget was launched in September 2020. There are people in this picture The Hedget team believes that the development of global options markets is the next step for DeFi platforms. With the ability to hedge against both directions, these platforms will be able to protect themselves against insolvency. There are people in this picture The team is focused on using the capabilities of different blockchains. Hedget has an implementation for both the Binance Smart Chain as well as a separate implementation on ether. There are people in this picture The long-term vision of the Hedget foundation is to provide development and stewardship of the platform over the next several years, eventually establishing a DAO which will govern the rules and mechanics of the platform There are people in this picture The person says that
The hedget token is a native utility and governance token.
HGET is the governance token of the Hedget platform.
The HGET token will be used for several purposes on the platform.
When margined options are implemented, the HGET token will be used as a security measure. HGET token will be used to purchase fully collateralized options as a hedge in case of Capital insufficiency risk, if options writers wish to offer options without providing 1:1 Collateral.
The fee structure for hedge protocol.
The taker fee is 0.04%. The Maker fee is 0.05% of underlying. The difference between Taker and Maker fees will go to a special Reserve which will be locked until a DAO is established. A settlement fee of 0.05% will be paid by option buyer. The 0.05% settlement fee will be paid by the system from the liquidity mining pool in the first 3-4 years, rewarding option writers, and reducing total fees for the option buyer.
The HGET token is used for circulation.
The maximum token supply of the protocol is 10,000,000 HGET.
A total of 1,717,170 token were created during the TGE and distributed between private and public sale buyers as well as the team in accordance with the Whitepaper.
The ERC20 HGET was burned on the Mainnet and will be on the Smart Chain in January.
Hedget was launched in September 2020. There are people in this picture The Hedget team believes that the development of global options markets is the next step for DeFi platforms. With the ability to hedge against both directions, these platforms will be able to protect themselves against insolvency. There are people in this picture The team is focused on using the capabilities of different blockchains. Hedget has an implementation for both the Binance Smart Chain as well as a separate implementation on ether. There are people in this picture The long-term vision of the Hedget foundation is to provide development and stewardship of the platform over the next several years, eventually establishing a DAO which will govern the rules and mechanics of the platform There are people in this picture The person says that
The hedget token is a native utility and governance token.
HGET is the governance token of the Hedget platform.
The HGET token will be used for several purposes on the platform.
When margined options are implemented, the HGET token will be used as a security measure. HGET token will be used to purchase fully collateralized options as a hedge in case of Capital insufficiency risk, if options writers wish to offer options without providing 1:1 Collateral.
The fee structure for hedge protocol.
The taker fee is 0.04%. The Maker fee is 0.05% of underlying. The difference between Taker and Maker fees will go to a special Reserve which will be locked until a DAO is established. A settlement fee of 0.05% will be paid by option buyer. The 0.05% settlement fee will be paid by the system from the liquidity mining pool in the first 3-4 years, rewarding option writers, and reducing total fees for the option buyer.
The HGET token is used for circulation.
The maximum token supply of the protocol is 10,000,000 HGET.
A total of 1,717,170 token were created during the TGE and distributed between private and public sale buyers as well as the team in accordance with the Whitepaper.
The ERC20 HGET was burned on the Mainnet and will be on the Smart Chain in January.