Haven Protocol
$0.097850
-3.11%
  • Rank #1281
  • Market Cap -3.41% $3,090,709
  • 24H Spot Volume -24.60% $8,607.62
  • 24H Volume / Market Cap -
  • Circulating Supply 31,586,336.00
  • Total Supply 31,586,317
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID haven-protocol copy duigou
  • Project Start Date -
  • Contracts & Explorer(s)
  • Websites Website
  • Links
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About XHV Roadmap & Milestones

Haven is an untraceable cryptocurrency with a mix of standard market pricing and stable fiat value storage. This is achieved without an unsustainable peg or asset backing. It achieves this with a dual coin blockchain. Users can mint and burn Haven [XHV] for the equivalent USD value worth of Haven Dollars [XHVD].

Offshore Storage - Stable value:

Offshore Storage is Haven Protocol¡¯s core concept that powers the minting and burning of Haven [XHV] for Haven Dollars [XHVD] and vice versa. In short, sending Haven [XHV] to offshore storage (burning), mints the equivalent USD value worth of the burnt Haven [XHV] in Haven Dollars [XHVD].

Each Haven Dollar [XHVD] is a representation of $1 USD ¡®worth of Haven¡¯ which can be transferred to other Haven wallets. Users can also burn their Haven Dollars [XHVD] to mint back the amount of Haven [XHV] of equivalent value.

When a user burns Haven and mints it back at a later date, they will net a different amount of Haven [XHV] if the price of Haven has changed. If Haven¡¯s [XHV] price increases, they will net less Haven [XHV]. If the price decreases, they will net more Haven [XHV]. In both cases they will have the same amount of USD worth of Haven.

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