Hector Network HEC
1. Summary
- Price
-
$0.06 -6.9%
- Market Cap
- $150,267.00 (#6301)
- Supply
- 2.43M / 3.16M
- Description
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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 tokenās 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 Fantomās 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.
Price | |
52W High price | $15.23 |
52W High date | 9th May 2024 (7 months ago) |
All Time High (ATH) Date | 21st Nov 2021 (3 years ago) |
ATH Price | $357.61 |
% From ATH | -99.98% |
All Time Low (ATL) Date | 7th Oct 2023 (1 year ago) |
ATL Price | $0.02 |
% From ATL | 255.91% |
Supply & Trading Volume | |
Trading Volume (24h) | $33.00 |
Total Supply | 3.16M |
Circulating Supply | 2.43M |
HEC
How does Hector Network's (HEC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-19.0%
HEC
-5.4%
Similar Market Cap
60 Day Return
7.3%
HEC
-3.8%
Similar Market Cap
1 Year Return
186.9%
HEC
31.5%
Similar Market Cap
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 6
- Past year: 0 commits vs. an average of 94
Most Active Repos
Past week | 22 |
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Past 12 weeks | 127 |
Past year | 128 |
Past week | 19 |
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Past 12 weeks | 35 |
Past year | 37 |
Past week | 12 |
---|---|
Past 12 weeks | 27 |
Past year | 28 |
Past week | 1 |
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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.
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 | 5,813 |
Active Discord Users | 156 |
Telegram Users | 6,419 |
Twitter followers | 105,292 |
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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cointelegraph.com/press-releases/hector-network-partners-with-football-club-borussia-dortm...
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
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ambcrypto.com/hector-network-partners-with-borussia-dortmund/
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://hectordao.com |
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Explorer | https://ftmscan.com/token/0x5c4fdfc5233f935f20d2ad... |
@HectorDAO_HEC | |
/r/hectordao | |
Forum | https://t.me/HectorNetworkAnn |
What is the correct contract address for Hector Network?
Fantom | 0x5c4fdfc5233f935f20d2adba572f770c2e377ab0 |
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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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