What currency is HETH (what is hegic currency)

What currency is HETH? According to official information, what currency is HETH? It is distributed through decentralized protocols. Its goal is to combine all functions of transactions on the Ethereum blockchain with smart contracts

HETH is an ERC20 standard token developed and managed by the Ethereum Foundation. This token can be used as a means of payment and exchange for goods and services for circulation. In addition, in order to prevent users from losing or losing assets due to smart contract vulnerabilities, it is necessary for users to purchase HETH to provide liquidity for their products

What is a hegic coin

Editor’s note: This article is from Cryptovalley Live (ID: cryptovalley), written by Jos é LeGouer, translated by Li Hanbo, and reproduced by Odaily Planet Daily with authorization

Hegic coin is based on the ERC20 token of Ethereum, and its goal is to issue and transfer value in a decentralized way. According to an official article released by Hegacicoin, “hedgec currency” is a stable currency project supported by a basket of assets. It is a customizable, non transferable Cryptocurrency designed to facilitate access to digital currencies, making them possible. ” This term comes from the terminology described in the white paper of the project: ‘These digital currencies include the United States dollar (USDC), the euro (EUR), etc. These digital currencies are marked as’ intangible’ in a 1:1 or 1:100 format and can therefore be exchanged as fiat currency. ‘. This means that anyone can connect their wallet to a smart contract and withdraw funds from their own wallet. “Because Hedic coin uses the non managed nature of smart contracts, people usually use it to pay transaction fees. However, if users receive payments by holding tokens, this method becomes less secure. To address this issue, we have set up a new feature – HegicPayment. The software also introduces new mechanisms that allow anyone to create and transfer digital assets. Once this is done, you can start sending small rewards to users HegercPayments is a service platform designed specifically for DeFi developers, providing a simple and easy-to-use interface that allows ordinary investors to easily interact with other financial systems they want. In addition, it allows users to directly store their identity data in their wallet application memory without worrying about network congestion and fraudulent behavior It is currently unclear whether HegiciCoin will exist like Bitcoin and instead use it as a medium of exchange. It will only be sold in the market to a small number of institutional customers with such services, as they hope to use the funds to purchase and sell goods and services. Nevertheless, Heseric stated that the company has no intention of issuing its own token According to reports, Gemini, a blockchain startup based in Singapore, has successfully raised $10 million.