What is hi Dollar?
A crypto wallet that's more than just a wallet. Along with being the most user-friendly and convenient way to store your crypto assets, hi has partnered with licensed institutions and banks to provide comprehensive fiat services to its members.
In certain jurisdictions, hi members can use their account as a bank account with its own IBAN for easy deposits and withdrawals of cash. Plus, members have the option to automatically convert deposited fiat currencies into stablecoins, leading to substantially higher yields.
But that's not all. hi is leading the way in creating a hybrid application that allows users to switch between a custodial and non-custodial wallet via a single app. It acts as a chain-agnostic gateway to all supported decentralized products, services, tokens, and apps, making it easier than ever to access the decentralized world.
hi is currently developing hi Protocol, a Layer-2 Sidechain for Ethereum that employs groundbreaking innovations in scalability, adaptability, and human identity. Running on Proof-of-Stake consensus, hiP is EVM compatible and uses multichain parallel transaction processing for ultra-fast confirmations.
One of the most exciting aspects of hiP is its three-tier account system that opens up endless possibilities for human-only networks and decentralized applications. This is set to provide Pareto welfare improvements for all protocol participants including identity validators, block producers, developers, and end-users.
HI is the native token for the hi ecosystem. Throughout the three phases of progressive decentralization, the aim is to maximize the token's long-term value for its holders. The token is currently issued on both the Ethereum and BSC blockchains and will migrate to hi Protocol upon network launch.
All tokens claimed as part of daily rewards, as well as those purchased through hi with a lock-up period, will be minted in "Launch Incentives & Distribution." For each HI that is minted for "Launch Incentives & Distribution," an additional 2.67 HI will also be minted and allocated to various functions. At any point in time, the sum of the following allocations is the total supply of HI. Minting stops when the total supply hits the maximum supply of 13,192,916,300.
When the mainnet for hi Protocol launches, HI will migrate from the Ethereum and Binance Smart Chain blockchains to become the native token of hiP. As part of this migration, HI will transform from being purely a utility token for hi to also a governance token for the entire ecosystem. Token holders will have the ability to create and vote on proposals that may alter the tokenomics of HI, ranging from allocations to supply inflation/deflation, as well as functionality and structure of the blockchain itself.
In summary, hi is a powerful crypto wallet that's more than just a wallet. With its comprehensive fiat services and innovative approach to decentralized experiences, hi is leading the way in creating a seamless and accessible decentralized future.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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