Hedget

Overview of Hedget

  • Hedget protocol is a very sympathetic project that wants to fight windmills (volatility), which is still high in the crypto markets but I support them all the more and i admire it, because it will not be easy and I see that they really care about protecting users against these persistent risks.
  • Hedget is built on Ethereum L2 solution, but its core options platform is also running Chromia as a second layer solution – allowing developers to create complex options with various alternative parameters, while still being decentralized and fully transparent.
  • Hedget Launch, as you can see on the roadmap, is scheduled for 2021 Q1, but before that it will have a BETA testnet, which focuses, among other things, on Chromia L2 for trading exercise and settle options real collateral and settlements on mainnets.
  • Hedget is sure that future economies will be built on cryptocurrencies and thus offers you decentralized opportunities to secure the safest position in the market, which is protected against unexpected price movements, i.e.
  • Hedget, which operates a decentralized options trading platform, plans on earmarking the funds for staffing and new DeFi product launches in 2020, according to a statement.
  • Hedget has formed a strategic partnership with quantitative trading firm Alameda Research, who is also the team behind FTX exchange and Serum decentralised exchange.
  • Hedget announced a tie-up with Fire Protocol on March 8 to issue HGET tokens on the HECO chain and integrate Hedget options within the Fire Protocol ecosystem.
  • Hedget has a long list of strategic investors and partners including Chromia, FTX/Alameda Research, Orion Protocol, NGC Ventures and FBG Capital.
  • Hedget price Index provides the latest HGET price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Hedget’s application in leveraged trading, as well as its ability to hedge against price swings removes the need for trusted third parties.
  • Blockchain

    There is a Testnet platform https://hedget.com/demo/ (hosted on Chromia testnet) that users must stake HGET tokens to access.On the demo site, users will trade with testnet tokens with no real value, but the best performing traders will be rewarded automatically by Hedget protocol with real HGET tokens upon mainnet release on the Chromia blockchain in Q1 2021.

    Network

    The Hedget network is an excellent addition to the world of DeFi, from guarding options traders against the fluctuating prices of cryptocurrencies to increasing capital efficiency for both customers and businesses to hedging lending risks.

    Support

    Leveraging the capabilities of Clover’s cross-chain platform, Hedget will expand its list of supported collateral options and continue leading the way into the interoperable future of Decentralized Finance.

    Transactions

    THE HEDGET IEO AND THE HGET TOKENS ARE NOT AND WILL NOT BE OFFERED IN THE UNITED STATES OR TO ANY U.S.PERSONS (AS DEFINED IN REGULATION S PROMULGATED UNDER THE U.S.SECURITIES ACT OF 1993, AS AMENDED).PARTICIPATION IN THE HEDGET IEO AND ALL TRANSACTIONS IN HGET TOKENS ARE SUBJECT TO THE TOKEN TERMS.

    Hedget ($HGET): Does it live up to the hype?

    Hedget is conquering one area that decentralised finance (DeFi) projects have yet to fully explore- options trading.DeFi is in all honesty still in its infancy, and there is still plenty of infrastructures which could be built to solve problems relating to contract security, liquidation risks, and speed and cost of transactions.Hedget in collaboration with Chromia aims to become the default options trading platform for DeFi tokens.

    How do I buy Hedget?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Hedget.

    How do options work with Hedget?

    Hedget will allow users to create and trade options on the platform.Every time an option product is created, the system will generate a token to represent the option.The platform will only allow best-fit combinations of maturity dates and strike prices to ensure the optimal liquidity of options.The platform will also provide decentralized exchange components for trading tokens which will represent options.The pricing options will be with stablecoins such as USDC, DAI, BUSD.

    How does Hedget want to achieve this?

    Hedget simply wants to eliminate the risks associated with a significant drop in prices in a similar way as in traditional financing, i.e.by using options and other derivative products.

    How to get started?

    First of all you need a Metamask or a Binance Chain wallet and the according browser extension.

    Is Bitcoin A DAO?

    Bitcoin is the first and best established DAO implemented to date.Since Bitcoin, there have been over 800 other DAOs created based on similar designs, most of which are considered to be cryptocurrencies, and like Bitcoin, they allow for value exchange.

    Is Crypto Trading Profitable?

    Day trading cryptocurrency can be a lucrative pursuit when strategies are executed correctly.With that said, cryptos are notoriously volatile, making it a challenge for new traders.Hedget offers mechanisms to minimise the risk of owning a volatile crypto.

    Kim Zolciak Talks About Returning To RHOA – Would He Ever Do It?

    Would Kim Zolciak return to the Real Housewives of Atlanta? Turns out the reality TV star would rather not, but…

    What coins are similar to Hedget?

    The following coins use Hedget’s ETH Token algorithm and proof-type: Chainlink, THETA, Binance USD, DREP, DREP [old], PancakeSwap, Aave, FTX Token, Maker, Huobi Token, Crypto.com Coin, Dai, Polygon, Chiliz and Holo.

    What Does DAO Mean In Hedget?

    A Decentralized Autonomous Organization (DAO), sometimes called a Decentralized Autonomous Corporation (DAC), is an organisation represented by rules encoded as a transparent computer program.It is controlled by the organisation’s members, as found with Hedget.

    What does it mean for the CHR holders token?

    Hedget will be deployed on the Chromia Mainnet, boosting the use of Chromia and scaling the ecosystem.That means using CHR to rent resources and, in the future, Hedget tokens can be transacted with other DeFi dapps built on Chromia.

    What hashing algorithm does Hedget use?

    Hedget is a coin that uses the ETH Token algorithm.

    What Is ERC-20 In Hedget?

    ERC20 is an official protocol for proposing improvements to the Ethereum (ETH) network.ERC stands for Ethereum Request for Comment, and 20 is the proposal identifier.This token standard defines a set of rules that apply to all ERC20 tokens that allow them to interact seamlessly with one another.

    What Is Hedget (HGET)?

    Launched in September 2020, Hedget is a decentralized and non-custodial cryptocurrency options protocol.Hedget has a long list of strategic investors and partners including Chromia, FTX/Alameda Research, Orion Protocol, NGC Ventures and FBG Capital.

    What is Hedget (HGET)?

    What is Hedget (HGET)? If you are reading this article then I assume that you have heard about DeFi.DeFi also known as decentralized applications has garnered quite the attention during the summer of 2020.DeFi applications have been growing rapidly and the user base and trading volumes have been skyrocketing.As of July 2020, the total value of assets that store value in DeFi surpasses $1.5 billion USD, a growth of 140% since the start of the calendar year.

    What Is Hedget Protocol?

    Hedget is a decentralised protocol that protects users from the volatility in the price of crypto assets by hedging its price.To do this hedging function, the protocol makes use of options trading.A user needs to provide proportional collateral to be able to trade options.

    What Is Hedget Protocol?

    Hedget is a decentralised protocol that protects users from the volatility in the price of crypto assets by hedging its price.To do this hedging function, the protocol makes use of options trading.A user needs to provide proportional collateral to be able to trade options.

    What is Hedget?

    Hedget is a blockchain-based platform focusing on options trading, with a specific focus on safeguarding users from the fluctuating prices of digital currencies.Options are a unique trading venue since they allow traders to interface with the underlying asset without owning them.

    What Is Hedget?

    Hedget is a blockchain platform specialising in decentralised options trading.Its goal is to protect investors from the fluctuating prices of digital currencies.Options products allow clients to trade the underlying asset, such as Bitcoin, without owning the coin itself.Clients essentially pay a small premium to hedge against volatile cryptos.

    What is Hedget?

    Hedget is a decentralized protocol for options trading.By putting up collateral, users can create and trade different option series on-chain.Decentralized option products allow users to hedge price fluctuation and also the risk in their collateralized lending positions.The protocol also adds in support on Layer 2 to existing blockchains such as Ethereum to enable faster, cheaper, and more complex transactions.Hedget believes that risk-mitigating DeFi protocols like decentralized options are necessary building blocks as the decentralized finance sector grows and matures.Hedget Foundation issues HGET token as the native token on the platform for governance and other utility purposes.

    What Is Hedget’s ICO?

    An Initial Coin Offering or Initial Currency Offering is a form of crowdfunding.It is used to fund emerging crypto projects.A private ICO which does not seek public investment is also possible.The HGET ICO was held in September 2020 with 423,000 tokens put up for sale at $13.00.

    What is Options Trading?

    The design of options is simple, it gives the user the rights to buy and sell an asset at a future date at a specified price.Option products consist of a type (put or call), a strike price, and an expiry date.With call options, the holders have the ability to buy an asset at the strike price at a future date, the opposite is true for a put option.Options are quite a special type of derivative product due to the price of the options that determine from both the price and fluctuation of an underlying asset.

    What is Orbit Chain?

    What is Orbit Chain? To answer that, let’s start by addressing the problem.

    What is the value of Hedget?

    One Hedget (HGET) is currently worth $8.16 on major cryptocurrency exchanges.You can also exchange one Hedget for 0.00014670 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Hedget in U.S.dollars is $14.30 million.

    Where can I get Hedget wallet?

    Hedget produces its own wallet software that is available for download on its website, which allows you to store Hedget on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Where can you find the serial number?

    On your device there is usually a sticker next to the nameplate with a 2D bar code and the serial number (7-digit alphanumeric, i.On your device there is usually a sticker next to the nameplate with a 2D bar code and the serial number (7-digit alphanumeric, i.e.e.numbers and capital letters).numbers and capital letters).

    Where do you find your article number?

    On your product you will usually find the type plate near the motor / drive unit.On your product you will usually find the type plate near the motor / drive unit.There you can find the 7-digit article number and the 5-digit identification number.There you can find the 7-digit article number and the 5-digit identification number.The item number is also shown on the manuals.The item number is also shown on the manuals.

    Why is Chromia a perfect fit for decentralized options trading?

    Ethereum is currently running at capacity and it has become prohibitively expensive to process transactions on the network.Just three months ago the price of gas was 10 GWei.Today it’s 70 GWei.Simple transactions incur just a $0.35 fee, but a more sophisticated contract call which requires more network resources could be as high as a $1 and this becomes cost prohibitive.Thought leaders, such as Vitalik Buterin, have advocated for L2 solutions to address these network economic limitations.

    Will Dogecoin Flip Binance Coin?

    Dogecoin ($DOGE) has become the latest cryptocurrency star as the meme token surged roughly 40% on Tuesday.

    History of Hedget