Price
$3.40
12/2/2022, 10:21:08 PM
diamondHands

Buy Hector Finance with Coinbase Wallet

Hector Finance can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

-

Volume (24h)

$418,358.44

Circulating supply

-

All time high

$357.49

Price change (1h)

-0.17%

Price change (24h)

-3.02%

Price change (7d)

-3.98%

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Hector Finance is on the decline this week.

The price of Hector Finance has fallen by 3.98% in the past 7 days. The price declined by 3.02% in the last 24 hours. In just the past hour, the price shrunk by 0.17%. The current price is $3.40 per HEC. Hector Finance is 99.05% below the all time high of $357.49.

The current circulating supply is 0 HEC.

About

What Is Hector DAO (HEC)?

Hector is a decentralized system, collateralized and guaranteed by the Hector DAO. Hector claims to be a decentralized autonomous organization (DAO), which means the crypto is controlled in a decentralized manner. Thus, the company intends to make the Hector project more community-driven by letting community members (HEC holders) vote on suggestions to steer the project's future.

Many organizations have either purchased Bitcoin or are planning to do so. This speculative anticipation of buying volume, combined with the fact that Bitcoin has not yet been thoroughly mined, is gradually driving up the price of Bitcoin. This effectively makes Bitcoin a short-term store of value. However, when Bitcoin's price cap is reached, price modifications that might reduce inflation would become more challenging to implement. 

Hector DAO enters the picture here. Hector is a fork of Olympus and is a decentralized asset built on the Fantom Opera Chain. Hector DAO claims that a growing pool of DAI, USDC, FTM, and other assets backs Hector. The backing per HEC grows as the protocol adds liquidity and reserves, producing a continually increasing price floor below which HEC cannot fall. The whitepaper says that this meets the condition of a store of value to maintain a stable or growing price, indicating that HEC has a chance of becoming a prominent participant in the Fantom Opera Chain. Since HEC's supply is dynamic, a supply-induced price ceiling can be avoided, letting the industry flourish.

The native token of the platform is HEC. Hector expands its reserve base by offering bonds and allowing traders to trade HEC tokens straight from the protocol at a reduced rate.

History of Hector DAO (HEC)

Hector DAO was launched on November 19, 2021.

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FAQ

What is the current price of Hector Finance?

The price of 1 Hector Finance currently costs $3.40.

What is the market cap of Hector Finance?

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

What is the all time high of Hector Finance?

The all-time high of Hector Finance is $357.49. This all-time high is highest price paid for Hector Finance since it was launched.

What is the 24 hour trading volume of Hector Finance?

Over the last 24 hours, the trading volume of Hector Finance is $418.36K.

What other assets are similar to Hector Finance?

Assets that have a similar market cap to Hector Finance include Metavice, Pheonix Protocol Dao, LooksCoin, and many others. To see a full list, see our comparable market cap assets.

How many Hector Finance are there?

The current circulating supply of Hector Finance is 0.