Description
$TOR is the stablecoin of the Hector Finance Ecosystem. $HEC is the utility token
which is supported by $TOR acting as a payment token, medium of exchange,
and low-risk yield-bearing token.
$TOR is an ERC20 token which only can be minted when DAI or USDC is used to
burn HEC tokens. TOR can be exchanged for newly minted HEC (redeemed) using
the HEC price oracle, utilizing a Time Weighted Average Price (TWAP)
The yield will come from the rewards of the Hector Finance Treasury Investments and the
emission plan of HEC. We aim to offer an APY of at least 20%, making TOR yield farms
competitive in the market.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, TOR has established itself as a formidable player. It is currently ranked #6,040 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in TOR as a viable digital asset.
Tokenomics
The tokenomics of TOR consist of a total supply of 17,070,481 tokens, out of which 14,502,322 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your TOR tokens, you can use a variety of wallets such as MetaMask, Trust Wallet, SpookySwap, Ledger. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
