CDS CDS Wiki A Comprehensive Guide To Hatom Crypto (HTM)-2023
CDS Wiki

A Comprehensive Guide To Hatom Crypto (HTM)-2023

This article contains a comprehensive review of Hatom Crypto.

608
A Comprehensive Guide To Hatom Crypto (HTM)-2023

The Hatom Crypto is a digital asset powered by the MultiverseX Digital Token ecosystem, serving as its core component. This versatile token will find utility across various elements within the ecosystem, thereby showcasing its demand dynamics. The Hatom Token plays a pivotal role in the governance and management of the ecosystem, making it a key factor in its operations and decision-making processes.

One of the key use cases for Hatom token lies in the lending and borrowing features, where users can earn attractive yields (APY) by utilizing this token as a means of payment. This presents an incentive for users to acquire and hold Hatom Tokens, contributing to a potential increase in its demand and overall value within the ecosystem.

Moreover, the Hatom Token will play a central role in the staking module. Staking involves participants locking their tokens in a smart contract to support the network’s operations and, in return, receiving rewards for their contributions. In this context, users will be required to stake token explorer crypto, emphasizing their importance and indispensability in the ecosystem’s staking mechanism.

By integrating the Hatom Token into multiple facets of the MultiverseX Digital Token ecosystem, the project aims to create a cohesive and interconnected environment where the token’s utility is maximized, fostering its adoption and usage among participants. This integration also enhances the token’s value proposition, as its demand is intrinsically linked to its wide-ranging applications within the ecosystem.

The Hatom Token’s role in governance, lending, borrowing, and staking ensures that participants have a vested interest in acquiring and holding it, leading to a positive feedback loop that can drive its value and further strengthen the ecosystem. As the ecosystem evolves and expands, the Hatom Token is poised to be at the center of its success, driving innovation, financial inclusion, and community engagement within the MultiverseX Digital Token.

How Does Hatom Crypto the Work?

To ensure liquidity in the pools and facilitate lending and borrowing, users will need to deposit a specific amount of tokens, which will then be minted into hTokens within the pool. These hTokens serve multiple purposes, including earning interest, providing collateral for lending, and making payments on the platform. Long-term investors in MultiverseX will also be able to earn interest through the platform.

To mitigate potential risks, the platform has implemented a collateral asset mechanism. Users can only borrow up to their borrowing capacity. If the borrowed amount exceeds their capacity, they cannot use or transfer their hTokens as collateral. If a user surpasses their borrowing limit, their position will be liquidated. In this case, the liquidation process will continue until the debt is less than or equal to the borrowing capacity. All assets will remain within the protocol, and no procedures will take place outside of the system. Hatom Twitter is actively using her account.

What Components Does consist of?

The ecosystem is composed of six main components:

  1. Lending Protocol: In this module, investors can lend their funds and earn rewards, which will continue until borrowers repay their debts. Investors will be rewarded for supporting liquidity within the ecosystem.
  2. Staking Module: Users who stake Hatom become stalkers and receive income from various services like stablecoin provision, borrowing, and liquid staking. This ensures sustainable staking rewards without inflating the ecosystem’s stake income rates, safeguarding against potential liquidity issues in the future.
  3. Hatom USD (USH): USH serves as the primary stablecoin of the MultiverseX network and will be backed by liquid assets. To maintain its peg, the platform will utilize Liquidity Pools (LP).
  4. Liquid Staking: Through this module, the team aims to allocate liquidity evenly among all users, fostering a fair distribution of staking rewards.
  5. Safety Module: This additional security layer within the protocol allows users to deposit EGLD, MEX, RIDE, and USDC and receive HTM in return.
  6. Hatom Mush: This module is built upon the concept of DAOs (Decentralized Autonomous Organizations) creating unique borrowing protocols. As a result, it will set Hatom Crypto apart from other protocols and give rise to diverse financial markets within the ecosystem.

The MultiverseX ecosystem presents a comprehensive and innovative approach to blockchain-based finance. With its lending, staking, stablecoin, and liquid staking functionalities, it aims to provide users with a range of financial services while promoting fairness and security through decentralized governance.

Tokenomiks

The tokenomics of Hatom involve a total supply of 100,000,000 tokens, which will be distributed through 60 Token Generation Events (TGE). The distribution breakdown is as follows:

  • Public Sale: 5%
  • Private Sale: 20%
  • Team and Advisors: 16.5%
  • Investors: 7.50%
  • Ecosystem, Liquidity, and Treasury: 51%

During the 60 planned TGEs, the Hatom Token’s total supply will be allocated according to the outlined percentages. The Public Sale will account for 5% of the total supply, whereas the Private Sale will make up 20%. The Team and Advisors will receive 16.5% of the tokens, while the Investors will be allocated 7.50%. The majority of the tokens, 51%, will be distributed to support the Ecosystem, Liquidity, and Treasury.

Leave a comment

Leave a Reply

Related Articles

DePIN 101: Exploring Use Cases of Decentralized Physical Infrastructure Networks

DePIN 101: Exploring Use Cases of Decentralized Physical Infrastructure Networks

In-Depth Analysis of the Cryptocurrency World in August 2024

In-Depth Analysis of the Cryptocurrency World in August 2024

What Happened Crypto’s Performance Halfway Through 2024: 2024 Crypto Analysis

What Happened Crypto- Crypto Performance at Mid 2024: An In-Depth AnalysisFirst Half...

Toncoin (TON): The Ultimate Handbook for Investors

Toncoin (TON) is the native cryptocurrency of The Open Network (TON), a...