Hermes DAO HMX
1. Summary
- Price
-
$0.000793890000 +7.1%
- Market Cap
- $63,944.00 (#7213)
- Supply
- 79.06M / 100.00M
- 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.
| 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 (1 month ago) |
| ATL Price | $0.000577550000 |
| % From ATL | 17.24% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $159.00 |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
| Circulating Supply | 79.06M |
HMX
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
-12.4%
Similar Market Cap
60 Day Return
-51.0%
HMX
-16.9%
Similar Market Cap
1 Year Return
-57.9%
HMX
23.0%
Similar Market Cap
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 7
- Past year: 2,011 commits vs. an average of 104
Most Active Repos
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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.
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 |
No recent news found.
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... |
| @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.
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