Hazel Token

Hazel is a new token, designed to store and trade wealth but at the same time, to give real power to the members of this community. Hazel was created to adapt automatically to the will of the community, without the developers' intervention.

Hazel Token provides a hybrid voting mechanism developed for both On and Off-chain Governance. Using the Voting System, the holders are able to propose and vote on the creation and management of charity events.

Hazel Token is the main currency used for the dapps within Hazel Ecosystem. It also acts as the governance token for the Hazel community and automatically sends a small commission from each transaction to a charity cause voted by the holders.

Hazel is considered first and foremost an eco-friendly project. Every single Hazel transaction features a small fee that will be donated towards reforestation. The aim is to reduce the negative environmental impact of crypto and educate people on sustainability practices.