The HDE Token

The HDEs hold a pivotal role in empowering users, developers, and participants to engage in numerous functionalities, bolstering the network's security, governance, and overall functionality.

Transactions

The main medium of exchange for carrying out transactions within the Hedge network is the HDE token. Users use Hedge tokens to cover transaction costs while moving assets, engaging with smart contracts, or using decentralized apps (dApps).

Security

Through staking, Hedge tokens are essential to enhancing network security. In order to participate in the consensus mechanism as validators or delegates, users can lock in a fixed number of HDE tokens as collateral. The Hedge Network becomes more resistant to hostile assaults because of this procedure, which promotes network integrity and guarantees Byzantine fault tolerance.

Governance

Users that own Hedge tokens are given governance privileges, allowing them to actively take part in important choices that will affect the network's expansion and development. Holders of tokens have the ability to vote on ideas, make improvements, and otherwise shape the direction the Hedge Network will take in the future.

Rewards

Hedge tokens are awards and incentives for actively participating in the Hedge Network. For participating in network tasks like staking, verifying transactions, and promoting ecosystem expansion, users may earn tokens. These rewards promote participation and foster a flourishing community inside the Hedge Network.