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HERMES

HERMESHERMES Price

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

The HERMES to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

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.