What Is Inflation Hedging Coin (IHC)?

Inflation Hedging Coin (IHC) is a decentralized cryptocurrency based on blockchain technology. As suggested in the whitepaper, Inflation Hedging Coin aims to give investors a tool to rely on, not just for a short-term profit but for long-term savings and gains. The platform's technology is claimed to be consistently in the investors' best interests. 

The IHC platform claims to offer transparency to traders by developing Inflation Hedging Coin's unique guidelines. The platform charges transaction fees both ways to the sender and the recipient and then distributes the collected fees to token holders on a day-to-day basis. The Inflation Hedging Coin app runs on blockchain's wallet and a decentralized exchange through Binance Smart Chain, via which token holders swap, yield, and lend. 

IHC is the native token of the Inflation Hedging Coin platform. Token burning continues until the entire market cap drops from the initial supply of 1 trillion tokens to the number of token holders existing on the platform. At this point, the fees of the transaction drop between 0.5% and 1%. IHC tokens contain a 5% transaction fee. IHC burns itself yearly from its entire market capitalization at the inflation rate of the US to maintain the store of value until the whole market capitalization is equivalent to the number of IHC tokens present in the wallets of the token holders.

In IHC, transaction fees are regularly redistributed and accumulated among token holders, excluding the team members and the founders. The high transaction fee motivates the token holders to keep their tokens rather than trading with them, hence obtaining price stability in the volatile cryptocurrency space.

History of Inflation Hedging Coin (IHC)

Gantig Bayarmagnai works as the CEO of Inflation Hedging Coin. The founding team includes Munkh-Erdene Burenjargal as the CTO and Munkhjin Otgonbaatar as the CFO. According to the road map of Inflation Hedging Coin, the platform’s initial exchange offering was made in August 2021, after which in September, the token was globally launched on various decentralized exchanges. IHC on-chain wallet was launched in January 2022 with a few more exchanges listing the token in the same month.