Introduction
Huobi Ecological Chain(HECO) is a connected and effective public chain that is seamlessly unified with the use of smart contracts while carrying out complex transactions. #HuobiEcochain HECO is the initial product introduced by Huobi Open platform, and has made some changes since its introduction to the platform. The token governing the activities of HECO is Huobi Token, and it follows the rules of the HPoS consensus. #HECO
HT ANCHOR CASH was introduced by Huobi Ecological Chain(HECO) to better assist HT, to meet up with the high-end transactions and for better speed of the platform. HTC.CASH will not link with any other digital asset or Gold because of the fear of its devaluation. Most digital assets that manages to link up with gold ends up being devalued. So, it is a better option for HTC to be linked with HT where there value is stable. On HECO, transactions are always completed with speed and low fees. On Ethereum chain, the GAS fees are always high unlike in HECO were the fees are reduced.
Tokenomics
There are three tokens available on HT ANCHOR CASH, and they all serve individual purposes. These tokens are: HTC, HTB and HTS. The main purpose of HTB, which is also known as HT ANCHOR CASH Bond is to serve as a means to acquire and reacquire HTC whenever the price is not at its normal level. The main purpose of HTS, which is also known as HT ANCHOR CASH Share is to obtain liquidity, and investors can also use it as a means to stake in a board where there will be profits at the end of the staking period. This board will only be available for staking after four days of the release of the project to the masses. HTC can also be used to obtain liquidity.
Token Issuance
HT Anchor Cash doesn't involve any pre-mining period; all its tokens are issued fairly among its users. There will be 11 mining pools in total that will be introduced including the DEX token of HECO(RAB) and the algorithmic Stable coin of HECO(BAG). The overall issuance of HTC is 11,000, and will be shared among all the mining pools available. Each user will earn 100HTC for every day and 1,000HTC for every ten days.
The distribution of HTS will take place after HTC is issued, and it will be 2,100,001 in total. Different shares of the total supply of the HTS token will go to DAO, marketing, listings on CEX, mining pools etc. The mining pools that will hold the 2 million mined HTS are: HTS-HT-LP, HTS-HUSD-LP, HTC-HT-LP and HTC-HUSD-LP mining pools.
Conclusion
Introducing HT ANCHOR CASH to HECO even made it easier to recognise and appreciate the position of HECO in the DeFi world. On HTC.CASH, nobody is neglected as users from any DeFi ecosystem are invited to mine and govern HTC ANCHOR CASH. HTC.CASH will make a name for itself in the DeFi world and in HECO in time to come#HTC
#HTCCASH #HTC #DEFI #HECO #HuobiEcochain
Website: https://www.htc.cash/
Telegram : https://t.me/HTC_CASH
Telegram：https://t.me/tokenPocket_en
Telegram Channel : https://t.me/HTC_CASH_CHANNEL
Github：https://github.com/HT-ANCHOR-CASH
Gitbook : https://htanchorcash.gitbook.io/htc/
PUBLISHERS DETAILS :
Bitcointalk Username : Chikibal
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2835296
Proff of Authentication : https://bitcointalk.org/index.php?topic=5308826.msg56097022#msg56097022