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Haven Protocol

XHV

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About Haven Protocol

Haven-Protocol (XHV) is an ecosystem of private stable asset network. According to the whitepaper, the protocol is built on Monero, including the private stablecoin xUSD. Haven-Protocol aims to enable users to hold cryptocurrencies privately without the risk of volatility.

Haven Protocol is similar to an offshore traditional institution where users can create private tokens representing stable and volatile assets, including commodities and traditional currencies such as USD. Based on Monero, the protocol focuses on secure, private, and untraceable transactions.

The platform aims to provide certain features to its users:

Additionally, a “mint and burn” strategy allows for dynamic changes to the circulating supply of the underlying asset. Cryptocurrency burning is the process using which users can remove tokens from circulation, thereby reducing the number of coins in use. The strategy also makes it possible to maintain a safe haven's value relationship with its underlying assets.

The protocol was originally developed in January 2018 by two unidentified developers trying to create a decentralized private stablecoin. The new team launched the xUSD stablecoin on July 20, 2020, creating and birthing Haven Protocol’s mainnet. The main developers of the network are Dweab (project lead), Pierre Lafitte (product lead), Neac (protocol lead), and Marty (front-end lead).

Market

Canada Market Stats

Market cap

CA$4.0M

Volume (24h)

CA$22,032.82

Circulating supply

41.3M XHV

All time high

CA$39.74

Price change (1h)

+0.03%

Price change (24h)

+3.56%

Price change (7d)

-21.17%

Canada News about Haven Protocol

BeInCrypto • May 02, 24

Bitcoin (BTC) Breakout Above $73,000 Likely Despite Correction

Bitcoin's price at the time of writing, is recovering from the recent decline, however, by the looks of it, the cryptocurrency is still noting a long-term bullish projection.The post Bitcoin (BTC) Breakout Above $73,000 Likely Despite Correction   appeared first on BeInCrypto.

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The Block • May 02, 24

LayerZero Labs finalizes initial snapshot for potential airdrop

LayerZero Labs has completed the first snapshot apparently related to a potential airdrop distribution to community members.

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Unchained • May 02, 24

Aave Labs Unveils V4 Upgrade Proposal, Introducing a Unified Liquidity Layer and ‘Fuzzy’ Rates

Aave Labs, the entity behind one of the largest decentralized lending protocols Aave, has released a series of governance proposals that would determine how an upcoming version of its protocol — Aave V4 — will be built.  In a post on the governance forum on Wednesday, Aave Labs released a ...The ...

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BeInCrypto • May 02, 24

MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol

MicroStrategy strengthen its focus on Bitcoin innovation by introducing Orange, a Bitcoin-based DID protocol.The post MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol appeared first on BeInCrypto.

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The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

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Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

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Haven Protocol is on the decline this week.

The price of Haven Protocol has increased by 0.03% in the last hour and increased by 3.56% in the past 24 hours. Haven Protocol’s price has also fallen by 21.17% in the past week. The current price is CA$0.0973 per XHV with a 24-hour trading volume of CA$22.03K. Currently, Haven Protocol is valued at 99.76% below its all time high of CA$39.74. This all-time high was the highest price paid for Haven Protocol since its launch.

The current circulating supply of Haven Protocol is 41,318,799 XHV which means that Haven Protocol has as total market cap of 41,318,799.

FAQ

What is the current price of Haven Protocol?

We update our Haven Protocol to CAD currency in real-time. Get the live price of Haven Protocol on Coinbase.

What is the market cap of Haven Protocol?

The current market cap of Haven Protocol is CA$4.02M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Haven Protocol?

The all-time high of Haven Protocol is CA$39.74. This all-time high is highest price paid for Haven Protocol since it was launched.

What is the 24 hour trading volume of Haven Protocol?

Over the last 24 hours, the trading volume of Haven Protocol is CA$22.03K.

How many Haven Protocol are there?

The current circulating supply of Haven Protocol is 41 million.

Can I buy Haven Protocol on Coinbase?

No, Haven Protocol is not currently available on Coinbase, but you can sign up to get the latest news on Haven Protocol and be notified when it gets added to our exchange.