Simple
Expanded
Experte
| Börse | Marktpaar | Preis | +2% Tiefe | -2% Tiefe | Volumen (24H) | Volumen % | Typ | Liquiditätsbewertung | Aktualität |
|---|
Hakka Finance integrates multiple DeFi applications for users seeking financial autonomy. It offers a decentralized exchange, a stablecoin AMM, and "gamified" insurance products. These features are managed and governed by the HAKKA token. As stated on its Medium site, Hakka was launched in August 2020.
Hakka.Finance was conceptualized by Ping Chen, an early supporter of Ethereum, who has developed various decentralized applications. Prior to establishing Hakka, Chen authored technical literature on Ethereum aimed at major contributors within the ecosystem. Jack Lai serves as a technical researcher for Hakka, crafting technical content related to blockchain technology. He is also a co-organizer of Cypherpunks Taiwan, which is one of the largest communities for cryptography and blockchain technology developers. Additionally, Wego Chen and Ian Hsu contribute as advisors to Hakka. Chen is a co-founder of Block Tempo, a leading Chinese media outlet focused on blockchain issues, and he also organizes the Asia Blockchain Summit conference. Hsu founded the EM3 community and was actively involved in the early stages of projects such as 0x, Chainlink, Kyber, and Zilliqa.
According to its official website, Hakka Finance emphasizes decentralized governance, as it empowers individuals. Hakka's product offerings include BlackHoleSwap (BHS) and Third Floor Mutual (3F Mutual), with additional developments in Tokenized Collateralized Debt Positions (tCDP) and Crypto Structured Funds (CSF). BlackHoleSwap is a decentralized automated market maker (AMM) focused on stablecoins. It integrates lending protocols to leverage excess supply and utilizes borrowing on the inadequate side. Compared to other AMMs, Hakka Finance claims that BlackHoleSwap can provide “nearly infinite liquidity” with low price slippage, maximizing capital utilization. Meanwhile, 3F Mutual employs a mechanism that allows individuals to hedge against the risk of a collapse of MakerDAO.
The current circulation of Hakka.Finance comprises 148,215,353 coins, among which 17,895,697 are retained by the Hakka team. The overall total supply is projected to reach 635,982,513 coins.
Hakka Finance operates on the Ethereum blockchain, one of the most established platforms within the cryptocurrency ecosystem. As of December 2020, Ethereum was utilizing a proof-of-work consensus mechanism. However, the transition to a proof-of-stake model commenced in December 2020 with the introduction of Ethereum 2.0.
HAKKA is available for purchase on various exchanges, including Uniswap, AEX, Balancer, Hotbit, and Hoo. For more information on purchasing Bitcoin, please refer to Eulerpool.
This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.
The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.
In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.
Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).
The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.
As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.
In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.
The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.
Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.
Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.
Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.
Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.
Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.
The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.
While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.
Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.
