Hector DAO [HEC]
Hector DAO Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Hector DAO's current price is $ 194, it has dropped -13.4% over the past 24 hours.
Hector DAO's All Time High (ATH) of $ 347 was reached on 21 Nov 2021, and is currently -44.3% down.
Hector DAO Price
Hector DAO price Index provides the latest HEC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Hector DAO to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
HEC to USD Converter
Hector DAO Quarterly Returns ($)
Hector DAO Closing Price (USD) - Quarterly
Hector DAO Monthly Returns ($)
Hector DAO USD (HEC - USD) Price Change
|24H||-$ 29.89||-13.4%||$ 226||$ 195|
|7D||-$ 60.53||-23.8%||$ 310||$ 174|
|14D||$ 8.44||+4.56%||$ 346||$ 120|
Hector DAO Annual Price
|2021||+541.8%||$ 346||$ 22.52|
What is Hector DAO
Hector is a decentralized protocol based on the HEC token – collateralized and backed by the Hector DAO. HEC will be the reserve currency on Fantom. In order to maintain price stability, Hector will use the Algorithmic Reserve Currency algorithm and will also be supported by other decentralized assets.
Similarly to Olympus, HEC is backed by DAI and other assets owned by the reserve treasury, and will function in a very similar way: when HEC trades below DAI, the protocol will buyback and burn HEC, increasing its price to at least 1 DAI. This means that HEC will always be worth equal to, or more than DAI.