Details about Honey cryptocurrency
€815
36,490
19.993
Unknown
https://1hive.org/#/home
@Honeyswap
4041750x
€32253200
Honey price charts
HNY exchanges
Honey, the crypto
Honey (HNY) is a governance token for the decentralized autonomous organization (DAO) called HoneySwap. HoneySwap is a decentralized exchange (DEX) that is built on the xDai network.
The point
The main point of Honey (HNY) is to incentivize users to participate in the governance of HoneySwap. HNY holders can propose and vote on changes to the platform, and are rewarded with a portion of the transaction fees collected on the exchange.
The problem
Honey (HNY) aims to solve the problem of centralization in traditional exchanges. By operating as a DEX, HoneySwap allows users to trade cryptocurrency without relying on a central authority. Additionally, by incentivizing participation in governance, HNY encourages community involvement and decentralization of decision-making.
Compare HNY and BTC performance
| Timeframe | HNY | BTC |
|---|---|---|
| 1h change | 0.166505 % | 0.275037 % |
| 24h change | -1.92 % | 1.05511 % |
| 7 day change | -6.74 % | 1.71708 % |
| 14 day change | -21.73 % | -7.61859 % |
| 30 day change | -23.88 % | -6.80856 % |
| 200 day change | -2.87 % | 129.346 % |
| Year change | -31.95 % | 139.298 % |