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Hermez Network Token (HEZ) - USD

$ 7.396
3 years ago
0.00%
Mkt. Cap.
$ 81.95 M
Vol. 24H
HEZ 0 ($ 0)
Open 24h
$ 7.396
Low/High 24h
$ 7.396 - $ 7.396

Bitfinex Hermez Network Token (HEZ) - USD Historical Price

Bitfinex Hermez Network Token (HEZ) - USD

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Whitepaper
-
Launch Date
2020-10-09
Max Supply
Not Applicable
Total Supply
11,079,535.04
Circulating Supply
-
Mkt. Cap. Penalty
0 %
Built On
ETH
Token Standard
ERC20
Smart Contract Address
Decimal Places
18
Parent Asset Symbol
-
Hermez Network is a decentralized zk-rollup that focuses on scaling payments and token transfers on top of Ethereum. It was founded on October 15th, 2020, and is based in Zug, Switzerland. The network selects block creators through a burn auction, where 40% of the winning bid goes back to be reinvested in Ethereum public goods through Gitcoin quadratic funding grants. This mechanism is referred to as "proof-of-donation" because a significant portion of the bid is donated to the protocols and social services that run on top of Ethereum. The network is developed by idem3.

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