HurricaneSwap Price (HCT)

HurricaneSwap (HCT) Price Now

HurricaneSwap price today is $0.000166 with a 24-hour trading volume of $8,382.93. HCT price is up 0.44% in the last 24 hours. It has a max supply of 2Bil.
In order to search for real-time and historical information about HurricaneSwap (HCT) blockchain, including data related to blocks, transactions, addresses, and more, you may use HurricaneSwap (HCT) block explorers. Here are some of the most popular and useful HurricaneSwap (HCT) blockchain explorers out there:

• cchain.explorer.avax.network

What Is HurricaneSwap(HCT)?

HurricaneSwap is the cross-chain liquidity DEX based on Avalanche. With the innovative LP-Bridge mechanism (Roke Protocol), users can trade popular assets of other chains without leaving Avalanche. And taking the advantages of Avalanche, HurricaneSwap provides users with a high-performance, low slippage, low-cost and seamless cross-chain trading experience.
HurricaneSwap is not just a cross-chain liquidity bridge & DEX, but a full set of DeFi tools based on Avalanche. HurricaneSwap is designed to provide users with abundant DeFi services. In the future, HurricaneSwap will provide DAO governance, allowing users to bring new cross-chain assets through voting; provide Vault Pool similar to Yearn.Finance to feedback more revenue to users; provide lending & synthetic assets, allowing users have leverage trading & leverage farming, etc.  

What are the Main Features of HurricaneSwap(HCT)?

• Decentralized: HurricaneSwap is an anti-censorship platform that enables anyone to access it without any restrictions or KYC review. It also implies a commitment that there is no centralized control of any kind in this platform. 
• Secured: HurricaneSwap is designed to avoid money laundering and financial loss from hacker attack. Its innovative LP-bridge, known as Roke Protocol, has a bidirectional verification mechanism, making it almost impossible to copy volume attack on HurricaneSwap.
• Advanced: Compared to other cross-chain exchanges, the fee of the cross transaction on HurricaneSwap is 2‰, which is the lowest in the market. Also, it only takes two steps, approximately 15 seconds, to complete the cross transaction, which significantly reduces the cross-chain cost of users.  

How does HurricaneSwap work?

HurricaneSwap is a set of asset cross-chain, trading, and arbitrage tools, including a cross-chain bridge (Roke Protocol), source chain assets' station (HurricaneStation), verifier node alliance (HurricaneAlliance), and decentralized exchange (HurricaneSwap).

• Roke Protocol (LP-Bridge): Enable Avalanche users to trade popular assets of other chains without leaving Avalanche.
• HurricaneStation: Users can add liquidity on multiple chains through HurricaneStation to earn LP rewards.
• HurricaneAlliance: Ensure the correctness of cross-chain transaction as verification node and earn rewards. Narrow price gap by arbitrage.

Trading Fee

In HurricaneSwap, fees are charged in each trading, which varies depending on the asset of the trading pair.
For cross-chain assets trading (e.g., aCAKE/aUSDT), HurricaneSwap will charge a total fee of 0.5%, 0.3% as a reward for cross-chain LPs, 0.1% for repurchase AVAX and airdrop to HCT liquidity provider who was staking LP- tokens in the Farm, 0.08% will be stored in the Treasury to provide initial liquidity for newly added pairs, and 0.02% to HurricaneSwap team.
For non-cross-chain assets trading (e.g., AVAX/USDT, aCAKE/AVAX), HurricaneSwap will charge a total of 0.3%, 0.18% as a reward for LPs, 0.02% to HurricaneSwap team,0.1% for repurchase AVAX and airdrop to HCT liquidity provider who was staking LP-tokens in the Farm.

Tokenomics

HCT is the native protocol token of HurricaneSwap based on ARC-20 with a fixed total of 2,000,000,000. It represents the holder's rights and will continuously burn over time. The following are part of the application scenarios of HCT:
HCT Governance
HurricaneSwap is a community-driven decentralized project. After the mainnet launch, the HTC holders are expected to vote on any amendment of the protocol. Each holder's vote counts are proportional to the amount of tokens they own.
Repurchase
The 0.1% in trading fee will repurchase the base chain token AVAX and Airdrop to HCT holders. 0.08% will be stored in the Treasury to provide initial liquidity for newly added pairs, and 0.02% to HurricaneSwap team.
Vote/Stake for Listing
HurricaneSwap initially supports limited trading pairs. In addition to the initial trading pairs, holders of HCT can use voting or staking to list the popular assets of each source-chain to create trading pairs on HurricaneSwap. HCT holders can initiate a coin listing proposal through the above governance process, and it will be listed if they get a majority of votes.
Distribution and Lockup Mechanism

• 60% for liquidity mining, totaling 1,200,000,000 HCT, releasing 1,000,000 HCT per day; 
• 4% for the Marketing budget, totaling 80,000,000 HCT, used for media, branding, and community strategy. 
• 10% for HurricaneAlliance, totaling 200,000,000 HCT, releasing 300,000 HCT per day starting from Roke Protocol's launch. 
• 10% for HurricaneSwap Team, totaling 200,000,000 HCT, with a 6-month (180-day) lock-up starting when HurricaneSwap launched, followed by a 12-month linear release. 
• 11% for Round A investors, totaling 220,000,000 HCT, with a 3-month (90-day) lock-up starting when HurricaneSwap launched, followed by a 12-month linear release. 
• 4% for Round B investors, totaling 80,000,000 HCT, with a 1-month (30-day) lock-up starting when HurricaneSwap launched, followed by a 12-month linear release. 
• 1% for IDO, totaling 20,000,000 HCT.  

Where Can You Buy HurricaneSwap(HCT)?

Investing in HurricaneSwap can seem complicated, but it is much easier when you buy HurricaneSwap through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold HurricaneSwap — both for fiat money and other cryptocurrencies. Some of the most popular HurricaneSwap cryptocurrency exchange are:

• BKEX
• ZB
• MEXC Global
• Jubi

HurricaneSwap (HCT) Community

• Twitter: https://twitter.com/hurricaneswap
• Medium: https://hurricaneswap.medium.com
• Telegram: https://t.me/HurricaneSwap

What is HurricaneSwap (HCT) Contracts address?

• Avalanche C-Chain: 0x45C13620B55C35A5f539d26E88247011Eb10fDbd