Hegic (HEGIC)
An Options Trading Protocol and AMM on Ethereum. - Hegic is an Automated Market Maker (AMM) and exchange for on-chain crypto options trading on Ethereum.
- HEGIC is the ERC-20 native utility token of the platform and has the following use cases:
- Platform governance voting.
- Rewards for liquidity mining and trading.
- Staking in order to collect settlement fees from the platform.
- Hegic currently allows WBTC and ETH options trading. Holders of supported assets can deposit and collateralize their assets to provide liquidity for options trading and earn rewards.
- The HEGIC token was listed on the bonding curve contract via the Hegic website on September 9th 2020, with a start price of 0.0000069 ETH / HEGIC (~0.0027 USD) and a last price of 0.007537 ETH / HEGIC (~2.93 USD), selling 25.00% of the HEGIC total token supply to the public. The HEGIC token has a total supply of 3,012,009,888 HEGIC.