Price
$0.13
12/4/2022, 6:05:32 PM
diamondHands

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Market

Market stats

Market cap

-

Volume (24h)

$20,828.44

Circulating supply

-

All time high

$8.38

Price change (1h)

0%

Price change (24h)

-9.9%

Price change (7d)

-32.86%

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HALO network is on the decline this week.

The price of HALO network has fallen by 32.86% in the past 7 days. The price declined by 9.90% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $0.13 per HO. HALO network is 98.47% below the all time high of $8.38.

The current circulating supply is 0 HO.

About

What Is Halo Network (HO)?

Halo Network is an infinite financial system and a blockchain-based decentralized finance (DeFi) network. Halo Network aims to create an ecosystem governed by decentralization, trust, ease of use, security, and open-source principles. Consequently, users and developers can find Halo decentralized applications (DApps), such as HALO Bridge for cross-chain asset conversion, HALO Oracle, and Halo Stablecoin, for trading, managing, scaling, and developing applications on the Halo platform.

Halo Network aims to be a highly efficient HPOS mechanism, a more transparent dual-transaction model, and a robust and secure oracle machine. Halo Proof of Stake (HPOS) consensus is a tweaked version of POS with an improved scalability feature while supporting large volume transactions. Subsequently, the network also intends to provide scalability components for liquidity management, on-chain and off-chain scenario convergence, and developing infrastructure tools for the DeFi ecosystem. In short, the Halo Network aims to become a scalable and high-performance financial public chain, especially for fulfilling evolving DeFi innovation needs.

According to the whitepaper, the core value of the DeFi system is to connect the traditional financial systems and instruments to the blockchain network to unify decentralized transactions at all levels. The Halo Network team aims to revolutionize the traditional financial system and develop a new DeFi system with the help of HPOS consensus, smart contracts, and Halo Hub, all at the base layer. Thus, the improvement in the base layer enables the Halo Network to gain primary data and trading capabilities by integrating the DeFi ecosystem and traditional financial tools.

Further, the Halo Network's core technology is based on AMM and HMM's dual exchange transaction mechanisms. Here, Automated Market Maker (AMM) manages liquidity and price stability; meanwhile, HMM is the Node Market Marker model that helps in improving liquidity and capital utilization while reducing fluctuations and bringing the trading value closer to the actual price.

HO is the Halo Network's governance token issued for decentralized governance and mining rewards. The platform aims to issue a maximum of 21 million HO tokens for HOLPPOOL, i.e., HALO DAO and liquidity mining cases. Users can vote, submit proposals, or participate in funding decisions using HO tokens. Apart from this, HO is issued only via a contract. Thus, users can receive rewards only via participation in the contract.

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FAQ

What is the current price of HALO network?

The price of 1 HALO network currently costs $0.13.

What is the market cap of HALO network?

The current market cap of HALO network is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of HALO network?

The all-time high of HALO network is $8.38. This all-time high is highest price paid for HALO network since it was launched.

What is the 24 hour trading volume of HALO network?

Over the last 24 hours, the trading volume of HALO network is $20.83K.

What other assets are similar to HALO network?

Assets that have a similar market cap to HALO network include Bull Flag, eaglecoin, Binancedog, and many others. To see a full list, see our comparable market cap assets.

How many HALO network are there?

The current circulating supply of HALO network is 0.