How Projects Can Utilize USDH and HC for Circulation in Their Ecosystem?
In the Huione Chain ecosystem, project teams can use USDH as a foundational stablecoin for on-chain transactions, payments, and circulation, ensuring liquidity and transaction stability. On the other hand, HC, as the platform token of Huione Chain, can be employed for paying transaction fees, staking for rewards, participating in network governance, and engaging in various ecosystem activities. By integrating USDH and HC, project teams can achieve efficient value circulation, facilitating asset interoperability within their ecosystem and obtaining additional benefits and incentives.
USDH serves as a stablecoin pegged to the US dollar on Huione Chain, providing project teams with a reliable value reference. In on-chain transactions, payments, and circulation, USDH ensures stability, shielding its value from the volatility of the cryptocurrency market, thus securing smooth and safe transactions. This is particularly beneficial for projects operating in diverse application scenarios, such as DeFi, NFT trading, and cross-border payments, enhancing user trust.
HC is the native platform token of Huione Chain, allowing project teams to leverage HC for fundamental on-chain operations. For instance, it can be used to pay transaction fees, enabling users to conduct frequent operations at lower costs. HC is also essential for covering the execution fees of smart contracts, especially during the development and operation of DApps.
Through the stability of USDH and the versatility of HC, project teams can efficiently operate both tokens within their ecosystem. For example, project teams can use USDH as a payment and transaction medium to maintain price stability while utilizing HC for transaction costs, staking, and governance participation, thus achieving coordinated use of the dual-token system.
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