net_left Kdata adver left
Detail

Hector DAO Gears Up For an Eventful 2022 With Major Listings and Expansions

Hector is a Fantom Opera (NASDAQ:OPRA) Chain-based project aiming to create a financial center for the chain. Hector is supported by a growing portfolio of DAI, USDC, wFTM, and...
Hector DAO Gears Up For an Eventful 2022 With Major Listings and Expansions Hector DAO Gears Up For an Eventful 2022 With Major Listings and Expansions

Hector is a Fantom Opera (NASDAQ:OPRA) Chain-based project aiming to create a financial center for the chain. Hector is supported by a growing portfolio of DAI, USDC, wFTM, and other assets. Hector was the first Ohm fork to add USDC and wFTM bonds. Because HEC’s supply is dynamic, a supply-induced price ceiling can be avoided, allowing the project to continue to grow.

The platform managed to grab the attention of many within two months of its launch in November 2021 and plans to continue its endeavors in 2022. From February onwards Hector will be receiving the Fantom Foundation Incentives Grant. The team is hopeful to continue working towards helping the Fantom chain to reach its full potential. Currently, Hector DAO has a TVL of $267M on DeFiLlama, putting it in the ‘Tier 3’ category. This means Hector DAO will receive 208,333 $FTM per month, equating to ~$480,000 USD a month, and $5.75M total based on the current FTM token prices.

Hector DAO aspires to be Fantom’s number one OHM fork. The benefit is obvious when considering the value of Ohm (Ethereum) and TIME (AVAX). They believe that by being the one of the most innovative projects on the chain, they may realize the aim of becoming the undeniable victor on/of Fantom. Both through technological advancements and aggressive marketing. They do not, however, undervalue the importance of community. Collaborations are another technique to achieve greater traction. Hector even has a dedicated external partnerships manager.

Hector DAO’s 2022 Blueprint

The expansion plans are moving forward, and recently Digifinex Exchange reached out to Hector to list them as their first-ever Fantom project. Digifinex is an Asian Exchange, ranked in the Top 10 by liquidity and volume on both Coinmarketcap and Coingecko. As a leading project on Fantom, Digifinex has proposed to list Hector for free. Hector is required to provide them $HEC tokens to be used on their marketing activities. This listing will allow Hector to begin creating a stronghold in Asian markets and will play an important role in the later expansion plans.

Hector is a DAO at heart (Decentralized Autonomous Organization). As a result, the community has a significant influence on the project’s development. HEC, sHEC, and wsHEC holders have the ability to vote on crucial community choices such as audits, listings, and fund management. Hector Improvement Proposals (HIPs) are a type of proposal. The development team will first steer the project toward long-term viability, but over time, the community will gain more autonomy through the DAO voting system. The team also intends to build an open forum where members of the community can propose their own suggestions, which will be put to a full DAO vote if they receive enough support.

Hector’s ‘Core Team’ consists of eight very skilled and devoted individuals, each with their own unique background and set of talents. For the time being, the team remains unnamed. The team is primarily based in Europe, but also has offices in Australia. Two experienced developers, one PR professional, three marketing operatives, two strategists, one community manager, and one external partnerships manager make up the Hector Team. The Hector team is working hard to make Hector DAO a self-sustaining, organic-growth project.

APY Modification and Community Involvement

The Annual Percentage Yield (APY) is a measure of how much each user earns. Keep in mind that the annual percentage yield (APY) is exponential rather than linear. This indicates that a 365 percent annual percentage yield does not correspond to 1% every day. The majority of the payments are made near the end of the APY term. High APYs reward holders handsomely, but they come at a cost to the project. Each token that is sent as an APY reward must be minted. Minting tokens expand the global supply and, as a result, lower the price over time – this is known as inflation. This is why enterprises with extraordinarily high annual percentage yields rarely last more than a few days or weeks.

Lower APYs reward holders less, but they do not have the same negative impact as higher APYs. To maintain reward payouts, fewer tokens must be issued, implying that the token supply will grow more slowly. This is more of a long-term solution.

The results of HIP-011 on APY were crystal clear. 94% voted in favor of reducing the APY to 10,000% over the coming weeks. The feedback Hector received was incredibly positive. Many Hectorians appreciated the fact the organization continuously asked for governance votes on the future of Hector DAO. The community is in charge!

To learn more about The Hector DAO visit Hectordao.com

  • Twitter (NYSE:TWTR): https://twitter.com/HectorDAO_HEC
  • Telegram: https://t.me/hectorDAO
  • Reddit: ​​https://www.reddit.com/r/hectordao/
  • Youtube: https://www.youtube.com/c/HectorDAO
  • Instagram: https://www.instagram.com/hectordaohec/
  • Medium: https://medium.com/@HectorDAO
  • Discord: https://discord.gg/hector
  • Github: https://github.com/HectorDAO-HEC
  • TikTok: https://www.tiktok.com/@hector_dao
  • Buy HEC on Fantom: https://docs.hectordao.com/how-to-buy/for-users-already-on-the-fantom-network
  • Buy HEC on FTMScan: https://ftmscan.com/token/0x5C4FDfc5233f935f20D2aDbA572F770c2E377Ab0

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Continue reading on CoinQuora

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
29-03-2024 00:53:46 (UTC+7)

EUR/USD

1.0797

-0.0029 (-0.26%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

EUR/USD

1.0797

-0.0029 (-0.26%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (2)

GBP/USD

1.2625

-0.0013 (-0.10%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (5)

Sell (3)

USD/JPY

151.38

+0.06 (+0.04%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (3)

AUD/USD

0.6518

-0.0014 (-0.22%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

USD/CAD

1.3536

-0.0031 (-0.23%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (4)

Sell (2)

EUR/JPY

163.39

-0.36 (-0.22%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (3)

EUR/CHF

0.9731

-0.0055 (-0.56%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (3)

Gold Futures

2,241.85

+29.15 (+1.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Silver Futures

24.973

+0.221 (+0.89%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Copper Futures

4.0113

+0.0113 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

Crude Oil WTI Futures

83.00

+1.65 (+2.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Brent Oil Futures

86.82

+1.41 (+1.65%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (1)

Natural Gas Futures

1.743

+0.025 (+1.46%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

US Coffee C Futures

188.53

-2.12 (-1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

S&P 500

5,251.63

+3.14 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (10)

Sell (0)

DAX

18,504.51

+27.42 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

FTSE 100

7,952.62

+20.64 (+0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Hang Seng

16,541.42

+148.58 (+0.91%)

Summary

Neutral

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (1)

US Small Cap 2000

2,123.20

+8.85 (+0.42%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (3)

Sell (6)

IBEX 35

11,074.60

-36.70 (-0.33%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

BASF SE NA O.N.

52.930

-0.320 (-0.60%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

28.43

+0.01 (+0.04%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

277.80

+0.35 (+0.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

207.00

+2.30 (+1.12%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Deutsche Lufthansa AG

7.281

+0.104 (+1.45%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (6)

Siemens AG Class N

176.96

+0.04 (+0.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

14.582

-0.030 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

 EUR/USD1.0797Neutral
 GBP/USD1.2625Neutral
 USD/JPY151.38Neutral
 AUD/USD0.6518↑ Sell
 USD/CAD1.3536Neutral
 EUR/JPY163.39Sell
 EUR/CHF0.9731Neutral
 Gold2,241.85↑ Buy
 Silver24.973↑ Buy
 Copper4.0113↑ Buy
 Crude Oil WTI83.00↑ Buy
 Brent Oil86.82↑ Buy
 Natural Gas1.743↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,251.63↑ Buy
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,123.20↑ Sell
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,398
SJC HCM7,900/ 8,100
(0/ 0) # 1,450
SJC Hanoi7,900/ 8,102
(0/ 0) # 1,452
SJC Danang7,900/ 8,102
(0/ 0) # 1,452
SJC Nhatrang7,900/ 8,102
(0/ 0) # 1,452
SJC Cantho7,900/ 8,102
(0/ 0) # 1,452
Cập nhật 29-03-2024 00:53:48
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,220.76+29.741.36%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.70+5.260.07%
Brent$86.68+5.040.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.580,0024.950,00
EUR26.018,3427.446,04
GBP30.390,9531.684,00
JPY158,69167,96
KRW15,8419,20
Cập nhật lúc 18:53:18 28/03/2024
Xem bảng tỷ giá hối đoái
adver main right