Introduction
Huobi is a global exchange that has been in the industry for years and is based in Seychelles. It features a lot of options that you won't see on any normal crypto exchange. It has a high security and lower transaction fees with 24/7 customer care.
What is Huobi Ecological Chain? It is a distributed and transparent public chain that constantly helps in the development of the Huobi ecosystem and also allows low transactions and replace the Ethereum chain with its affordable GAS fees for users. Huobi Token(HT) is the token used in governing the HECO ecosystem, but is also pegged to another token called the HT Anchor Cash to meet up with constant transactions from their customers.
Tokenomics
Three(3) tokens can be found in the HT Anchor Cash processes which performs different functions each. They include: HTC, HTS, HTB. HTC and HTS are utilized by traders looking to stake their tokens while HTB can be used to take advantage of the decrease and increase of HTC and exchange it at 1:1.
Token distribution of HT Anchor Cash
There is no pre-mining period in HTC, so all the tokens are distributed among its users equally. HT Anchor Cash initially started 11 mining pools including it's decentralized exchange token and algorithmic stablecoin. In total, 11,000HTC will be disbursed equally and 100HTC will be directed to all the mining pools and 1000HTC in 10 days. HTS wil be shared among early traders, DAO, the marketing team etc. It will be shared with four mining pools i.e. HTC-HT-LP(750,000HTS), HTC-HUSD-LP(750,000HTS), HTS-HT-LP(250,000HTS) and HTS-HUSD-LP(250,000HTS). The HTS part of the mining pool will be disbursed linearly in a year. The HTC part of the mining pool will issue 187,500HTS in the first month of mining and reduces by 75% after every month.
Roadmap
In 2017, the TokenPocket project began, and it was the first ecosystem to embrace EOS which later made the EOS DApp to progress in 2018. In the same year, it started their investments with Huobi, Hofan etc. In 2019, OT assisted cross chain trade and also stood for BOS chain. The same year, it gave its full support to IOST and ETH DApps. At that time, it was the biggest digital wallet that had about 10 million on-chain deals. In the eight month of 2019, it assisted TRON and Binance chain and introduced their first staking pool. It also supported BTC in the tenth month and accepted custom UTXO standards. The eleventh month of 2019 brought a solution to the '0 CPU' problem encountered by EOS users. In the last month of 2019, it released a Blockchain whitepaper guide that had about one million page views which was the highest viewed wallet guide on blockchain. Their first centralized wallet was launched in 2020, and unified the features of both centered and distributed wallets. It introduced an HD wallet that was mentioned on Uniswap, protected the DSAP-O project, assisted Binance Smart chain, and introduced the DeFi channels of Uniswap and JustSwap. In the last quarter of 2020, it created a version 2 of ETH staking service and supported HECO, Polkadot etc.
#HTCCASH #HTC #DEFI #HECO #HuobiEcochain
#HTCCASHCommunity
For More Informations
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
AUTHOR’S INFORMATIONS :
Bitcointalk Username : Ochawawa
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2830371
Proff of Registration : https://bitcointalk.org/index.php?topic=5308826.msg56096931#msg56096931
wallet address : 0xd3e9e81ad4Cc45363F05592B2761ec8BD2544a95