$HEMI

HEMIBSC
HEMIUSDT
0.01575
-3.43%

Roles and features of HEMI Token:

Governance: HEMI holders have the right to vote on protocol upgrades and network development proposals.

Transaction Fees & Gas Fees: Used to pay fees for activities on the network such as deploying contracts and transferring cross-chain assets.

Security & Staking: Staking HEMI supports the Proof-of-Participation (PoP) consensus mechanism and earns rewards (veHEMI) from network fees.

Bridge: Helps assets and liquidity move freely between Bitcoin and Ethereum through a secure tunneling system.

Notable Technologies:

Hemi Virtual Machine (hVM): A virtual machine that integrates a full Bitcoin node into the EVM, allowing dApps to interact with both BTC and ETH.

Hemi Bitcoin Kit (hBK): A smart contract library that helps dApps access detailed data of Bitcoin (UTXO, balances).

Goals of Hemi Network:

Create a unified super network, optimizing scalability, security, and interaction between Bitcoin and Ethereum.

Scale and maximize the utility of the two largest blockchains.