Hedron is a brand new crypto project built by people who are passionate about HEX and want to bring more to the table for fellow Hexicans. Basically, it allows you to take advantage of your HEX stake's maturity and earn more rewards. So, if you’re interested in learning more about the Hedron crypto coin, then keep reading.
What is Hedron?
To understand Hendron, first, you need to know about HEX crypto. HEX is an Ethereum-based token that claims to be the first blockchain certificate of deposit (CD).
HEX holders can stake batches of HEX tokens for specified amounts of time and when the specified time period is complete, they will receive those funds plus an interest payment or HEX reward.
Here, users stake their HEX token by agreeing to not trade or sell their tokens for pre-set lengths of time. Meaning, users can't touch their HEX stake until a certain time has elapsed. Now, let's see what Hedron is.
According to its website, "Hedron (HDRN) is a collection of smart contracts that live on the Ethereum and PulseChain blockchain(s)." Essentially, Hedron on top of your HEX stakes adds new features to it. It allows stakers to mint, borrow and tokenize (NFT) their active HEX stakes.
It's worth mentioning that Hedron is a completely separate project from HEX and has no relation to HEX's founder or development team. Hedron aims to add value to the HEX ecosystem by further incentivizing staking. Go over here to learn more about how it works.
What is Hedron Crypto?
Hedron (HDRN) crypto is the native currency of the Hedron platform. It is used to incentivize the HEX stalkers. You can earn HDRN crypto through two ways: minting and borrowing.
During mining, you will be given HDRN tokens based on the number of B-shares (one billion shares) allocated to the stake and the number of days you served in it. While borrowing grants the user the HDRN up front, instead of requiring users to serve days within the Hex stake to obtain HDRN tokens.
Hedron (HDRN) crypto price is $0.000001, which is down 0.16% over the last 24 hours. Hedron is traded on 2 exchanges, with the top exchanges being Uniswap V3 (Ethereum) ($1.10M) and Uniswap V2 ($64,574).