HavenXHV is now listed & trading on Polarity.Exchange
Haven Protocol is a project focused on users’ ability to interact with an immutable and user privacy-focused currency. They have been around for a couple of years now and have just released their first stable coin xUSD. Some of the project's core values match with those of our community of users on Polarity.Exchange: User Empowerment, #Security, and #Privacy.
For any questions or support regarding your Polarity.Exchange wallet and this token listing please contact our team in Telegram: https://t.me/polarityexchange
HavenXHV
Project Development History
Haven Protocol is an ecosystem of synthetic assets. It consists of XHV, xUSD, and other xAssets, which combine to give users genuine utility. It is both a private asset storage system and a secure payment platform for use by businesses or individuals anywhere in the world.
As Haven has implemented the world’s first Cryptonote Coloured coins, there is virtually no limit to the number of assets (commodities, stocks, indices etc.) that could be added in the future. All of which can be traded on supported exchanges as well as within a user's Haven vault.
Haven (XHV) — Acts as the network collateral with an elastic supply. It is volatile, so the price is set according to supply and demand on exchanges. Burning XHV is the only way to create (mint) xUSD or other xAssets. Its price will, therefore fluctuate with the market for those assets.
Haven Dollars xUSD — xUSD has been live on mainnet in July 2020. It is the world’s first private stable coin and is created by burning the equivalent USD value of XHV. xUSD is also the only currency that can be converted into xAssets.
xAssets — These are stable virtual assets that can be stored or converted within a Haven Vault. The first xAssets will go live in Q1 2021. The first phase of these will be xGold, xSilver, xEuro, and xChinese Yuan.
Because privacy is a fundamental human right, Haven is built on Monero. This highly secure blockchain technology enables asset storage and transactions in complete privacy.
Haven guarantees that one xUSD will always be worth US $1 in XHV. This is possible thanks to multiple decentralized pricing oracles and a “mint and burn” process within a single blockchain. In the simplest case, users can burn Haven (XHV) for the equivalent USD value worth of Haven Dollars (xUSD). To restore to a volatile state, the user can equally burn each xUSD for $1 USD worth of XHV.
Many described it as the ultimate expression of what a cryptocurrency should be.
The product development roadmap includes a ThorChain integration. This decentralized cross-chain liquidity network has no pegged or wrapped tokens, giving Haven much more liquidity as well as Haven users the opportunity to earn yield on their xAssets by providing liquidity to ThorChain pools. In return it gives ThorChain users access to a network of private assets.
An overview of Haven’s Core Features
Algorithmic
There’s no governing entity, users or group defining exchange rates.
Decentralized
An open-source, community-led project that hasn’t received any initial funding.
Infinite Liquidity
There are no limits to xAssets conversion within the vault.
Low Fees
Transfers cost fractions of a cent, making it one of the cheapest protocols on the market.
No Middleman
All conversions and transfers are done on-chain, with no counterparties or middlemen.
Financial Privacy
Transactions and conversions cannot be linked or traced, providing ultimate privacy.
Twitter: https://twitter.com/HavenXHV
HavenXHV Documentation
https://www.youtube.com/watch?v=SGfU_0zuuI0
https://havenprotocol.org
https://havenprotocol.org/whitepaper/
Airdrop Details
Airdrop Opens at 3 PM EST
The listing of the Haven token will also come with an airdrop promotion for the first 500 users to claim
- One claim per verified account
- Available for the first 24 hours
If you haven’t already, create your verified Polarity.Exchange email account and check back in the reward center after the official listing is announced.
Polarity.Exchange
Polarity.Exchange functions as a multi-layer 2FA decentralized wallet and cryptocurrency exchange. By leveraging the smart contract capabilities of its native blockchain Turtle Network, verified users are capable of securing their wallets using on-chain two-factor authentication. Our CEO Tony Nguyen has posted a blog post and white paper on its functionality within our ecosystem. Added to this layer of wallet security is a decentralized cryptocurrency exchange with on-chain transaction settlement supported by a matcher that can handle hundreds of transactions a second.
Features
- Flat & Fixed Fees $USDT 0.01
- Consistent #Liquidity
- Decentralized 2FA Multisig
- HFT #trading support
- Personal Seed management & #encryption
- & more
You can leave us a review of your experience here: https://ca.trustpilot.com/review/polarity.exchange or request any features you would like to see improved or added to our services.
Discord: https://discord.gg/AYT9MYUbYP
Twitter: https://twitter.com/polarityex
Instagram: https://www.instagram.com/polarity.exchange/
Medium: https://medium.com/@polarity.exchange
Reddit: https://www.reddit.com/r/PolarityEx/
Telegram ANN: https://t.me/PolarityExhangeAnn
