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About Hedron
- Hedron (HDRN) is a collection of smart contracts on Ethereum and PulseChain blockchains.
- Hedron allows stakers to mint and borrow HDRN tokens against their active HEX stakes.
- Hedron enables trading of HEX stakes as NFT tokens on compatible marketplaces.
- Hedron has no admin keys and no kill switches, making it decentralized with zero counterparty risk.
- To get HDRN, Hedron analyzes HEX stakes and allows stakers to mint or borrow HDRN based on allocated shares.
- Maximum mintable or borrowable days equal the full term of the stake.
- HDRN is an inflationary token, and its supply decreases as the HEX share
About Hedron
In the realm of decentralized finance, Hedron emerges as a beacon of innovation, poised to revolutionize the landscape of cryptocurrency trading.
Hedron: A Revolutionary Decentralized Ecosystem
Hedron (HDRN) constitutes a suite of smart contracts seamlessly integrated with the Ethereum and PulseChain blockchain ecosystems. By building upon the HEX protocol, Hedron empowers stakers to mint and borrow HDRN tokens, leveraging their active HEX stakes as collateral. Furthermore, Hedron enables stakers to trade their HEX stakes as unique NFT tokens on any compatible NFT marketplace. Notably, Hedron operates without admin keys or kill switches, ensuring a completely decentralized framework with zero counterparty risk, mirroring the decentralized ethos of HEX.
To acquire HDRN, Hedron assesses a HEX stake, enabling the staker to mint or borrow HDRN based on the allocated shares of their stakes. However, if a staker prematurely unstakes or terminates their stake prior to minting their HDRN, they will forfeit the opportunity to mint HDRN against those stakes. Notably, Instanced (HSI) HEX stakes with active HDRN advances cannot be ended until the advance is fully settled (although Good Accounting can still be utilized). The maximum amount of mintable or borrowable days is equivalent to the full term of the stake.
The correlation between HDRN supply and the HEX share price is inverse. As an inflationary token, HDRN’s mintable amount is negatively impacted by the perpetual appreciation of the HEX share price. Consequently, as the HEX share price ascends, the allocation of shares to HEX stakes diminishes, thereby reducing the quantity of mintable HDRN. This phenomenon parallels the incremental difficulty experienced by “minable” cryptocurrencies over time.