What currency is lhb (what currency is hb)

What currency is lhb? According to official information, what currency is lhb. It is a decentralized transaction protocol based on Ethereum. The project aims to address the issues of decentralized digital currency liquidity, low exchange efficiency, and high transaction fees by providing a one-stop service for DeFi applications. At present, the project has received a round of seed funding led by HashKeyCapital; At the same time, several well-known investment institutions, including Bitget, have also participated in this round of financing Lhb is a blockchain based gaming product launched by LilHung, the largest gaming company in South Korea, allowing players to purchase in-game props and earn virtual currency rewards

What currency is hb

According to official news, hb is a token based on the Ethereum blockchain. Its characteristic is that it can be exchanged with Bitcoin, making transactions more convenient and efficient; In addition, it can also provide payment services for users on the platform It is reported that HB (Fire Coin Ecological Chain) is generated by decentralized organizations “burning” mining, with a total of 1 billion pieces, of which 50% will be used for air drop and buyback destruction, the remaining 30% will be used to stimulate ecological development, 5% will be allocated to developer communities, 15% will be distributed as technical rewards, and the remaining 20% will be distributed to holders, with an annual inflation of 10% until the overall inflation rate drops to 1%.