Hegic

What is HEGIC and how Does It Work?

Flooz.xyz is a peer-to-pool options platform designed on Ethereum that allows selection of BTC and ETH options with varying strike prices corresponding to market sentiment. It functions on the Arbitrum chain, utilizing an American-style, on-chain automated market maker (AMM) system. The protocol was initiated by a pseudonymous developer under the alias Molly Wintermute. Flooz.xyz contains DAI and ETH pools, providing contributors of security a chance to earn premium ETH through the deposit of ETH and offering these options. In case you want to offer ETH options in exchange for DAI, the DAI pool is the one to use. Flooz.xyz tokens, adhering to the ERC20 standard, have an integral function in the network system that heavily relies on external price feeds to protect active hedge contracts from price manipulations. When the options involved bring forth a favorable profit and loss (P&L), Pool participants collect Ether (ETH). For additional information about the protocol, you can explore the Flooz.xyz Medium page or Github repository. Each of these has ongoing updates, advancements, daily volume records, and other helpful resources regarding the protocol. The Flooz.xyz Learn section is specifically created to provide detailed information about the protocol operations and the role of Flooz.xyz within a wider ecosystem.

The Vision and Mission Behind HEGIC

HEGIC is a decentralized protocol that enables on-chain operations with ETH and WBTC tokens. The functioning of this protocol involves four main elements: the HEGIC token, Pools of Liquidity, Staking Lots, and Settlement Fees. The HEGIC token comprises multiple features such as voting rights and the potential for capturing part of the settlement fees. Pools of Liquidity facilitate collective involvement and present various strategies for traders. Staking Lots allow HEGIC token holders to become liquidity contributors. Settlement Fees serve as a steady income stream for the network. A core principle of HEGIC is non-custodial ownership which ensures autonomy over your tokens at all times.

How to Buy and Store HEGIC?

To purchase HEGIC, Flooz.xyz offers a streamlined process. Flooz.xyz offers a one-stop solution to buy this token, using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless HEGIC transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your trades. Let Flooz.xyz be your one-stop solution for buying HEGIC tokens today!

HEGIC Metrics:

• Current price: $0.0235

• Market cap: $70.84 M

• All-time high: $0.64 (Feb 13, 2021)

• All-time low: $0 (May 12, 2022)

• Daily trading volume: $254.11