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Summary
- Honest (HNST) is a utility token for Honest Mining, a cryptostaking-as-a-service platform.
- HNST allows users to join masternodes, obtain discounts, and other benefits.
- 400 million HNST tokens will be generated and circulated.
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Honest Mining offers 3 services:
- Regular Shared Masternode (launched May 2019)
- Instant Shared Masternode (launched March 2019)
- Full Masternode (2019 Roadmap)
- HNST started as an ERC-20 token and transitioned to a BEP-2 token.</li
About Honest Mining
Honest (HNST) bills itself as the utility token that fuels Honest Mining, a pioneering cryptostaking-as-a-service platform. By leveraging HNST, users can participate in masternodes, unlock discounts, and access a range of exclusive benefits. Initially launched as an ERC-20 token, HNST has since migrated to a BEP-2 token. Notably, the total supply of HNST tokens is capped at 400 million, ensuring a finite and scarce digital asset.
According to the team, Honest Mining boasts a trifecta of services:
- Regular Shared Masternode: a collaborative approach where multiple users pool their resources to meet the requisite collateral amount for a single masternode, thereby facilitating collective participation (launched in May 2019)
- Instant Shared Masternode: a seamless solution that enables users to instantly join a running Masternode via the platform, eliminating waiting periods (launched in March 2019)
- Full Masternode: a dedicated masternode operated independently by a single user, offering complete autonomy (2019 Roadmap)