Hermes DAO is a pioneering Decentralized Autonomous Organization focused on building a robust and neutral liquidity layer within the rapidly expanding Arbitrum ecosystem. As a foundational piece of decentralized finance infrastructure, Hermes DAO aims to significantly enhance capital efficiency and improve the overall user experience for participants on Arbitrum. The protocol facilitates various swap functionalities, including highly efficient stablecoin swaps, pegged asset swaps, and general swaps, providing users with low slippage and deep liquidity for their digital assets. This focus on optimized liquidity provision is crucial for the seamless operation and growth of decentralized applications and protocols across the Arbitrum network.
At the core of Hermes DAO's design is a powerful vote-escrowed token model, often referred to as the ve-model. Holders of the HMX token can lock their assets to receive veHMX, granting them enhanced utility and influence within the ecosystem. Staking HMX allows participants to earn a share of the protocol fees generated from swap activities, creating a direct economic incentive for long-term engagement. More significantly, veHMX holders gain substantial governance rights, empowering them to actively participate in crucial decision-making processes. This includes voting on key protocol parameters, directing emissions to specific liquidity pools to incentivize growth, and shaping the future strategic direction and development of the Hermes DAO platform.
Hermes DAO represents a community-driven initiative dedicated to fostering a more decentralized and efficient financial landscape on Arbitrum. By providing essential liquidity infrastructure and empowering its community through robust governance mechanisms, Hermes DAO is positioning itself as a vital component in the evolution of Web3 finance. Its commitment to transparency, decentralization, and capital optimization makes it an attractive proposition for users and developers looking to leverage the full potential of the Arbitrum blockchain for their DeFi activities and beyond.
Hermes DAO [HMX] is a token based on Ethereum blockchain. The most actual price for one Hermes DAO [HMX] is $0. Hermes DAO is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [HMX] is $0, while the Hermes DAO market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about Hermes DAO [HMX] on hermes-dao.io
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Hardware wallet | Yes |
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Website | hermes-dao.io |
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Wallet | Coins Mobile App |
Source code | github.com |
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Asset type | Token |
Contract Address |
Explorers (1) | etherscan.io |
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Tags |
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How to buy Hermes DAO? How can I buy the Hermes DAO coin? Hermes DAO stock how to buy? How to get Hermes DAO?
To find out where you can buy currency Hermes DAO see the list of available exchanges.
Where to trade Hermes DAO?
Click here to see the list of available exchanges for Hermes DAO.
Hermes DAO is a pioneering Decentralized Autonomous Organization focused on building a robust and neutral liquidity layer within the rapidly expanding Arbitrum ecosystem. As a foundational piece of decentralized finance infrastructure, Hermes DAO aims to significantly enhance capital efficiency and improve the overall user experience for participants on Arbitrum. The protocol facilitates various swap functionalities, including highly efficient stablecoin swaps, pegged asset swaps, and general swaps, providing users with low slippage and deep liquidity for their digital assets. This focus on optimized liquidity provision is crucial for the seamless operation and growth of decentralized applications and protocols across the Arbitrum network. At the core of Hermes DAO's design is a powerful vote-escrowed token model, often referred to as the ve-model. Holders of the HMX token can lock their assets to receive veHMX, granting them enhanced utility and influence within the ecosystem. Staking HMX allows participants to earn a share of the protocol fees generated from swap activities, creating a direct economic incentive for long-term engagement. More significantly, veHMX holders gain substantial governance rights, empowering them to actively participate in crucial decision-making processes. This includes voting on key protocol parameters, directing emissions to specific liquidity pools to incentivize growth, and shaping the future strategic direction and development of the Hermes DAO platform. Hermes DAO represents a community-driven initiative dedicated to fostering a more decentralized and efficient financial landscape on Arbitrum. By providing essential liquidity infrastructure and empowering its community through robust governance mechanisms, Hermes DAO is positioning itself as a vital component in the evolution of Web3 finance. Its commitment to transparency, decentralization, and capital optimization makes it an attractive proposition for users and developers looking to leverage the full potential of the Arbitrum blockchain for their DeFi activities and beyond.
Hermes DAO is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the Hermes DAO coin cap?
Circulating supply of this Hermes DAO is 88460010. Total supply of this coin/token is 100000000. Max supply is 100000000.
What is the value of Hermes DAO coin?
1 Hermes DAO is worth $0.00000000.
To get price and historical data for Hermes DAO coin, use API ID: hmx-hermes-dao for endpoints at http://api.coinpaprika.com.