Hermes DAO Logo

Hermes DAO HMX

Hermes DAO header image

1. Summary

Ranks

Liquidity
28
Developer
93
Social
30
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.000754000000 0.0%
Market Cap
$60,138.00 (#7029)
Supply
79.06M / 100.00M
Price
52W High price $0.01
52W High date 27th May 2024 (6 months ago)
All Time High (ATH) Date 3rd Mar 2023 (1 year ago)
ATH Price $0.03
% From ATH -97.9%
All Time Low (ATL) Date 13th Nov 2024 (3 weeks ago)
ATL Price $0.000577550000
% From ATL 17.24%
Supply & Trading Volume
Trading Volume (24h) $326.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 79.06M
Description

Hermes DAO is a decentralized fund for investments in crypto assets such as tokens, coins, and NFTs. It is managed by the Hermes DAO Parliament and the community, with a focus on generating constant and stable income. This income is distributed as passive income to HMX liquidity providers and stakers. The fund aims to distribute 65% of the profit f...

Hermes DAO is a decentralized fund for investments in crypto assets such as tokens, coins, and NFTs. It is managed by the Hermes DAO Parliament and the community, with a focus on generating constant and stable income. This income is distributed as passive income to HMX liquidity providers and stakers. The fund aims to distribute 65% of the profit from each share and use 35% for new investments. Rewards from the generated income are distributed to HMX liquidity providers and stakers, with the community deciding on the distribution form via a governance platform.

Governance Mechanism

The governance platform allows any holder with Hermes (HMX) tokens above a set limit to create a poll. Each voter with tokens above a set minimum has equal voting power, ensuring decentralization within the DAO.

Liquidity and Staking

Users can farm multiple rewards tokens with the same liquidity, making it a versatile investment opportunity. The fund's income distribution mechanism ensures consistent passive income for those providing liquidity and staking HMX tokens.

Investment Approach

Hermes DAO's strategy involves distributing 65% of the profit to liquidity providers and stakers, with the remaining 35% reinvested into new crypto assets. This approach is designed to provide long-term stability and growth for the fund.

2. Price

HMX

2.1. Market Performance

How does Hermes DAO's (HMX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-13.6%

HMX

-37.2%

Similar Market Cap

60 Day Return

-51.0%

HMX

-57.3%

Similar Market Cap

1 Year Return

-57.9%

HMX

-56.2%

Similar Market Cap

3. Developer Activity

We're monitoring 77 Hermes DAO 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 Hermes DAO Repos)

Commits vs. The Market

  • Past 4 weeks: 95 commits vs. an average of 1
  • Past 12 weeks: 301 commits vs. an average of 8
  • Past year: 2,011 commits vs. an average of 104

Most Active Repos

Past week
Past 12 weeks
Past year
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Past 12 weeks
Past year
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Past 12 weeks
Past year
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Past 12 weeks
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Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 139 developers have contributed to Hermes DAO over the past year. Who are the most active Hermes DAO developers, by commits, over the past year?

Related Projects

Developers working on Hermes DAO 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
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 571
Twitter followers 1,176
5. News

No recent news found.

7. More Information

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

Website https://hermes-dao.io/
Explorer https://sora.subscan.io/sora_assets/002d4e9e03f192...
Twitter @hermes_dao

What is the correct contract address for Hermes DAO?

Sora 0x002d4e9e03f192cc33b128319a049f353db98fbf4d98f717fd0b7f66a0462142
Ethereum 0xb012be90957d70d9a070918027655f998c123a88

Has Hermes DAO been audited for security?

No security audits found for this project.

Are you the owner of Hermes DAO? Edit it here

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