#
hLTCET HedgeToken – Symbol: LETht #
This token is a hLTCET HedgeToken, it was designed to mitigate risk and protect against potential losses arising from price fluctuations of a digital asset. It derives its pricing from the inverse percentage movement of the digital asset with all transactions occurring on-chain on Pecu Novus. These digital assets are used for speculative purposes, as well as for hedging and risk management. #
What is a HedgeToken? #
HedgeTokens are an innovative concept in the cryptocurrency space that can hold immense value for traders and investors. HedgeTokens on HootDex are designed to protect investors against potential losses arising from price fluctuations in various digital assets on HootDex. They offer a unique way for traders to mitigate their risks by gaining exposure to the inverse relationship of digital assets they may hold. #
The Mechanics of a HedgeToken #
HedgeTokens are tokens created on the Pecu Novus Blockchain Network that represent an inverse relationship of a digital asset listed on HootDex. The initial pricing is not correlated to the real time pricing of the digital asset it has an inverse relationship with, making each token unique in pricing. The impact on the real time pricing of the HedgeToken is based on the percentage movement of the digital asset it has an inverse relationship with and not actual pricing of that digital asset. This means, if the target digital asset’s price goes up, the HedgeToken’s price goes down, and vice versa. #
This creates a distinct token with a unique pricing structure that begins at inception and gives traders as well as investors exposure to risk mitigation across many digital assets listed on HootDex. All transactions register on the Pecu Novus Blockchain providing transparency for every transaction. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- Investor demand for XRP falls as the bull market stalls — Will traders defend the $2 support?
- DeFi TVL falls 27% while AI, social apps surge in Q1: DappRadar
- EigenLayer to begin 'slashing' restakers in April
- Gemini to open Miami office after judge stays SEC case
- XRP holds $2 support as chart pattern hints at 73% gain
- How to sell crypto via MetaMask: A beginner’s guide to cashing out
- 10-year Treasury yield falls to 4% as DXY softens — Is it time to buy the Bitcoin price dip?
- Cango sells legacy China business, goes all-in on Bitcoin mining: Report
- Pre-seed crypto startup deals have grown 767% since 2021: Report
- Covenants, CTV, And Making Things Easier For Developers
- US lawmakers vote to advance anti-CBDC bill
- Bitcoin drops 8%, US markets shed $2T in value — Should traders expect an oversold bounce?
- Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash
- How zero-knowledge proofs can make AI fairer
- ParaSwap rebrands to Velora, introduces intent-based DEX trading feature
- How long will Bitcoin’s price consolidation last?
- Post Wook: Surreal and Immersive Art on Bitcoin & the Future of Digital Expression
- Trump’s pick for SEC chair makes it out of committee
- Beyond the hype: How Bitcoin stays true to its values
- Bitcoin Startups Raised Nearly $1.2 Billion