DeHive offers innovative solutions for DeFi space and assets
DeHive is releasing its native token DHV that gives users access to the DeHive ecosystem. The token also enables customers to participate in additional protocol features, issue the initial DeHive Indexes or create a custom one, and take part in protocol governance through DAO mechanisms.
Public Sale lasts from April 14, 2021, to April 19, 2021. A total of 1,100,000 DHV are available for the price of $2.5. Investors should go to the DeHive website if they want to join the public sale and click the [BUY DHV] button in the top right corner. After that, they should connect their wallet to the platform and choose the asset they want to allocate (ETH, DAI, USDT) from the “buy section.”
What is DeHive, and how does it work?
DeHive is a decentralized protocol that enables users to become holders of the top DeFi tokens packed into one index. This index represents noticeable and important DeFi assets, which analysts often use to evaluate the economic health of the cryptocurrency market. According to the DeHive team, making a single operation on their platform can bring users all the benefits of the full basket of crypto assets.
The DeHive platform implements a mechanism for purchasing the underlying crypto assets to support the index. Furthermore, the protocol uses an in-built system of oracles to ensure the purchase of the selected tokens at the best price.
The DeHive platform essentially provides users with the opportunity to own a single token that ensures a profitable portfolio for the holder – DeHive Index. The price of the selected tokens serves as an indicator of the general direction of DeFimarket development, and the index is composed of it. Consequently, the customer gets a portfolio holding the major crypto assets represented by an algorithmically driven index.
Besides, DeHive DeHive is the first platform that offers the creation of custom crypto indexes representing the user’s personal investment portfolio. Customers will be able to stake their indexes, as well as benefit from yield farming along with DHV token mining.
The company has a good roadmap. It already conducted firsts stages. The next step is the platform launch, which will occur in July 2021. Furthermore, the team planned to launch a second DeHive Index and staking and liquidity mining opportunities for Q3 2021.
After that comes DAO development, custom indexes fabric, and a new set of native indexes. MVP for Binance Chain integration is also planned for the end of September.
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