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HERMES

HERMES HERMESPrice N/A

HERMES Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

0xb15...dd82c
MetaMask icon

Tags (Sub-Categories):

# Inactive

Description

HERMES is an algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage

HERMES (HERMES) Chart

HERMES price Index provides the latest HERMES price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

HERMES Price Analysis

Trending HERMES Fiat Pairs
HERMES
€
HERMES to EUR
1 HERMES equals to N/A
HERMES
₽
HERMES to RUB
1 HERMES equals to N/A
HERMES
₩
HERMES to KRW
1 HERMES equals to N/A
HERMES
CN¥
HERMES to CNY
1 HERMES equals to N/A
HERMES
₹
HERMES to INR
1 HERMES equals to N/A
HERMES
Rp
HERMES to IDR
1 HERMES equals to N/A
HERMES
£
HERMES to GBP
1 HERMES equals to N/A
HERMES
¥
HERMES to JPY
1 HERMES equals to N/A
HERMES
₫
HERMES to VND
1 HERMES equals to N/A
HERMES
CA$
HERMES to CAD
1 HERMES equals to N/A

What is HERMES (HERMES)?

HERMES is an algorithmic stablecoin on Avalanche C Chain, pegged to the price of 1 AVAX via seigniorage. HERMES token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain HERMES peg of 1 HERMES = 1 AVAX in the long run. Note that HERMES actively pegs via the algorithm, it does not mean it will be valued at 1 HERMES : 1 AVAX at all times as it is not collateralized. HERMES is not to be confused with crypto or fiat-backed stablecoin.

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