Crypto Market Cap$2,322,037,331,0852.13%
Staking Market Cap$676,218,198,5302.17%
Locked in Staking$168,460,891,0291.3%
Proof of Stake Dominance57.97%-1.56%
Average Reward Rate24.23%57.27%
Average Total Staked24.91%-0.85%
Crypto Market Cap$2,322,037,331,0852.13%
Staking Market Cap$676,218,198,5302.17%
Locked in Staking$168,460,891,0291.3%
Proof of Stake Dominance57.97%-1.56%
Average Reward Rate24.23%57.27%
Average Total Staked24.91%-0.85%
#157
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TrueHKD

THKD

TrueHKD is .

7d
30d
90d
Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Participating
Lend TrueHKD
Risk
moderate
Complexity
moderate
Reward
10%
Minimum
-
Lock Up
-
Participating
-
Adj. Reward
10%
Avg. Fee
-

FAQ's

  • What is TrueHKD?

    A stablecoin issues by Trust Token which is backed 1:1 by the Hong Kong Dollar.

    TrueHKD is based on similar legal and technical standards to its dollar-pegged sibling TrueUSD. The firm pledged it will hold collateralized funds in a third-party escrow account and provide regular attestations of the AUD backing by third-party accounting firm Cohen & Co.

    Keen to avoid issues with transparency like those that have plagued the most popular stablecoin issuer Tether, which has never provided a full audit of its USD backing, TrustToken last month partnered with accounting firm Armanino to allow traders using its stablecoins to have a “real-time” view of the reserves backing all its tokens.

  • Who is the Team behind TrueHKD?

    The team behind TrueHKD is the TrustToken team. They have launched a series of stablecoins including TUSD, TGBP, TCAD, and TAUD.

  • How was TrueHKD launched?

    TrustToken is backed by Andreessen Horowitz’s cryptocurrency fund A16z Crypto, having raised $20 million in a strategic token sale last June. The firm has adopted the mission to act as a “bridge between blockchains and $256 trillion worth of real-world assets.”

Last updated: 2021-04-17 04:28:21