Is the Next DeFi Move Derivatives? Hegic?

Is the Next DeFi Move Derivatives? Hegic?

January 1, 2021 Decentralized Finance DeFi Ethereum Growth 0

What are the Tokenomics for Hegic?

Since the launch of Hegic in late 2020, the protocol has grown tremendously.

 

Lets dive into a little bit of the Tokenomics of Hegic!

More than 114+ addresses have used Cream to borrow Hegic presumably to short, in an attempt to front run the conversion of rHegic -> Hegic. So far about 91+ wallets still have a substantial amounts of Hegic to pay back.

Lets look at a sample wallet:
0xc28dd0e914bcfb561dcbd9446b2978ce3b4690c4 – Borrowed 23,000,000 Hegic on Dec 30, and has only paid back 473,000 Hegic as of Dec 30th.

Hegic Tokenomics

 

The future looks good, and so does Hegic. Enjoy 2021 Hegicians.

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