Details about Honeyswap Honey cryptocurrency
Honeyswap Honey
HNY
Unknown for now
€101,485
32,843
6.606
Unknown
https://1hive.org/#/home
@Honeyswap
Honeyswap Honey price charts
HNY exchanges
Honeyswap Honey, the crypto
Honeyswap Honey (HNY) is the governance token of Honeyswap, which is a decentralized exchange built on the xDai network. As a governance token, HNY holders have the ability to shape the direction and decision-making of the exchange through decentralized voting. They can vote on proposals for changes to the platform, such as new features or upgrades.
The point
The main point of Honeyswap Honey (HNY) is to give users and holders a say in the development and growth of Honeyswap. This allows for a decentralized decision-making process and ensures that the community has a voice in the direction of the project. HNY holders also earn a share of the fees generated by Honeyswap as well as rewards from liquidity mining.
The problem
Honeyswap Honey (HNY) tries to solve the problem of centralized decision-making that is common in traditional exchanges. By giving the community a voice and a stake in the platform, Honeyswap aims to provide a more decentralized and democratic approach to exchange governance. HNY also serves as an incentive to encourage liquidity providers to participate in the platform and contribute to its growth.
Compare HNY and BTC performance
| Timeframe | HNY | BTC |
|---|---|---|
| 1h change | -0.438836 % | 0.111083 % |
| 24h change | 2.84 % | -1.53086 % |
| 7 day change | 23.91 % | -1.98102 % |
| 14 day change | 18.28 % | -6.97525 % |
| 30 day change | -4.51 % | -8.47656 % |
| 200 day change | -48.33 % | 125.519 % |
| Year change | -74.97 % | 124.215 % |