Hector Network Logo

Hector Network HEC

Hector Network header image

1. Summary

Ranks

Liquidity
51
Developer
-
Social
96
Momentum (beta)
0
Stack Rank™
-
Price
52W High price $15.23
52W High date 9th May 2024 (1 month ago)
All Time High (ATH) Date 21st Nov 2021 (2 years ago)
ATH Price $357.61
% From ATH -99.96%
All Time Low (ATL) Date 7th Oct 2023 (8 months ago)
ATL Price $0.02
% From ATL 632.62%
Supply & Trading Volume
Trading Volume (24h) $457.00
Total Supply 3.16M
Circulating Supply 2.43M
Description

Hector Network

Hector Network

Hector Network is a decentralized autonomous organization (DAO) and a blockchain ecosystem that utilizes the HEC utility token and the TOR stablecoin. The HEC token is the primary utility token for Hector Network and is used for governance, staking, bonding, minting TOR tokens, NFTs, wrapping assets, and trading on the Hector DEX. This ensures that HEC holders can engage with the network without diluting the token’s utility or value.

Tokenomics

Hector Network employs a non-dilutive rebase token system, ensuring that the token supply does not fluctuate. The community has established a fixed supply cap for the HEC token through an emissions plan that carefully manages token minting while allowing strategic adjustments to the APY. This approach aims to maintain a capped token supply while allowing flexible adjustments to the annual percentage yield (APY).

Technology

Hector Network operates on the Fantom Opera Chain ecosystem and uses Fantom’s Lachesis aBFT consensus mechanism to validate transactions and secure the blockchain. This allows for high-transaction speed, rapid finality, and bank-grade security. The network also employs a Proof of Stake aBFT consensus, rewarding validators for executing required hashing algorithms and adding valid transactions to the immutable ledger.

Staking and Bonding

Hector Network employs a Staking and Bonding system. Staking is used to secure the network and HEC token, with users earning APR or APY in HEC when crypto is staked. Bonds allow the project to raise funds for its treasury and give users the opportunity to access discounted token purchases directly from the project in exchange for specific coins. Bonding rewards are paid in sHEC, and the tokens can be staked once fully vested.

Overview

Hector Network focuses on creating Web3 solutions and cross-blockchain expansion. Projects within its ecosystem include DeFi services and platforms, crypto gaming, NFT marketplaces, DEXs, staking & hyper staking, decentralized bonds, governance, and more. The network is compatible with the Ethereum Virtual Machine (EVM) and integrates with various Web3 applications across EVM-compatible chains through its integration with Fantom Opera Chain. Hector Network has partnered with prominent organizations such as the Borussia Dortmund Football Club and Binance Smart Chain to pioneer a multichain ecosystem.

2. Price

HEC

2.1. Market Performance

How does Hector Network's (HEC) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-98.9%

HEC

-13.8%

Similar Market Cap

60 Day Return

-97.8%

HEC

-32.3%

Similar Market Cap

1 Year Return

-96.2%

HEC

4.9%

Similar Market Cap

3. Developer Activity

We're monitoring 4 Hector Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Hector Network Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week 22
Past 12 weeks 127
Past year 128
Past week 19
Past 12 weeks 35
Past year 37
Past week 12
Past 12 weeks 27
Past year 28
Past week 1
Past 12 weeks 5
Past year 5

Top Developers 2024

In total, 36 developers have contributed to Hector Network over the past year. Who are the most active Hector Network developers, by commits, over the past year?

Related Projects

Developers working on Hector Network also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 27,035
Active Reddit Users (past 24h) 7
Discord users 1,322
Active Discord Users 159
Telegram Users 6,770
Twitter followers 109,427
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://hectordao.com
Explorer https://ftmscan.com/token/0x5c4fdfc5233f935f20d2ad...
Twitter @HectorDAO_HEC
reddit /r/hectordao
Forum https://t.me/HectorNetworkAnn

What is the correct contract address for Hector Network?

Fantom 0x5c4fdfc5233f935f20d2adba572f770c2e377ab0
Binance-smart-chain 0x638eebe886b0e9e7c6929e69490064a6c94d204d

Has Hector Network been audited for security?

No security audits found for this project.

Are you the owner of Hector Network? Edit it here

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