Introduction:
DeFi gave birth to what we know as Huobi Ecological Chain. This is a distributed and open chain that adapts to smart contracts and assists high-end transactions. HuobiEcochain is a product of Huobi Open platform, and is known to have actually been the first product to be launched by Huobi Open platform. #HuobiEcochain The same goes to HT ANCHOR CASH, a stablecoin that was introduced by Huobi Ecological Chain(HECO) to assist in running some of the activities and transactions of the project with their main asset also assisting it(Huobi Token).#HTCCASH
The transactions that will take place on HECO are fast and cheap unlike in the Ethereum chain were one is faced with their high GAS fees. Also, HTC.Cash will not be linked to the US dollar or Gold because of the fear of it lowering its value with time since digital assets that has been linked to the US dollars and Gold face depreciation. HT ANCHOR CASH is therefore linked with HT where there is no fear of devaluation. It is an upgrade of the Basis protocol, and there have been many adjustments made to the project that we trust their users will greatly enjoy.#HTC
Tokenomics of the stablecoin
HT ANCHOR CASH custom will include more than one token. It consists of three which will each perform different functions. They are HTC, HTB and HTS. C stands for Cash which is the main token of the HT ANCHOR CASH custom, B stands for Bond, and S stands for Share. HTC performs the role of providing liquidity to the pool, and so does HTS. HTS will guide investors to stake their mining pools, and even in the board where they will gain some profits from the rise of the value of HTC after some time. This board where investors will be involved in will open only after the project is opened to the public. HTB performs the role of purchasing HTC when it goes below the price mark which is 1HT. When HTC goes above the price mark of 1.1HT, HTB is exchanged back by the HTB holders at a ratio of 1:1.
Distribution plan of the stablecoin
There is no pre-mining season of HTC, but is shared to users fairly. HT ANCHOR CASH will launch 11 mining pools for a start, and will include the DEX token of HT ANCHOR CASH(RAB) and the algorithmic stable currency(BAG). 11,000HTC will be supplied in total to the users, and as bonus, the 11,000HTC will be fairly given to all the mining pools. 100HTC will be mined in each mining pool for a day, and 1,000HTC in 10 days. 2,100,001HTS will be supplied in total to the users, but will be done after the distribution of HTC tokens to users. Portions will be individually given to some groups who joined hands to make it a successful process such as DAO, the early birds of the project, the marketing team, CEX listing etc. The remaining portion will go to four mining pools.
#HTCCASH #HTC #DEFI #HECO #HuobiEcochain
Useful Information
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/
AUTHORS INFORMATION :
Bitcointalk Username : Pona
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2844964
Proff of Authentication : https://bitcointalk.org/index.php?topic=5308826.msg56097094#msg56097094