#hemi $HEMI
#HEMI is the native token of the Hemi Labs-backed network, which describes itself as a modular Layer-2 blockchain designed to unify the strengths of the #Bitcoin and the Ethereum ecosystems. It offers features such as:
The “hVM” (Hemi Virtual Machine) which wraps an #EVM around a Bitcoin node, allowing smart contracts to tap into Bitcoin state.
A “Proof-of-Proof (PoP)” consensus mechanism anchoring to Bitcoin’s security, giving strong decentralization assurances.
“Tunnels” or cross-chain mechanisms enabling movement/interaction between Bitcoin, Hemi and Ethereum networks.
Tokenomics: total supply set at 10 billion #HEMI , with 32% allocated to community/ecosystem, 28% to investors/strategic partners, 25% to team & core contributors and 15% to a foundation.