BitMart, a premier global digital asset trading platform, will list Hector Finance (HEC) on March 10, 2022. For all BitMart users, the HEC/USDT trading pair will be officially available for trading at 07:00 AM EST.
What is Hector Finance?
Hector Finance is developing a financial center on the Fantom Opera Chain and beyond, consisting of a variety of use cases supported by the $HEC token. Users can stake the $HEC token for (rebase) rewards. The protocol aims to provide an attractive APY while creating scarcity through buybacks and burns. The $TOR stablecoin can only be minted by burning $HEC and offers highly competitive farming rewards.
How Does Hector Work?
LP Fees & Bonds
Liquidity Pool fees and Bond sales have helped Hector Finance build a treasury of more than $100,000,000.
Hector’s Treasury
The treasury provides relative backing for the $HEC token which is expressed as the size of the treasury compared to the circulating supply of tokens. A part of the treasury is invested, and used to build financial products and services to bring more revenue to the project.
HEC Token
The world’s first deflationary rebase token. Earn rewards for staking a token with a decreasing supply.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 800+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About Hector Finance
Hector Finance is a project which operates on the Fantom Opera Chain. We seek to create value for users by developing a number of usecases within the Hector Ecosystem. Part of the revenues from these usecases will be used to buy and burn Hector tokens from the market. Over 2022 Hector will expand to become multi-chain.To learn more about Hector Finance, please visit their Website, follow their Twitter and join their Telegram.
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