Storm Heart Group DBT – Symbol : STORMx
Storm Heart Group is an actively managed Digital Basket Token “DBT” that consists of a basket of digital assets listed on HootDex and the underlying assets of the DBT are actively traded. This DBT holds the digital assets in its associated trading account, tracks and displays the real-time trading and pricing of the underlying digital assets shown publicly for transparency and represents fair market pricing for the DBT.
What is a Digital Basket Token “DBT”?
Digital-Basket-Token “DBT” is a type of managed digital asset product that tracks a basket of underlying digital assets which are listed on the HootDex Digital Asset Swapping System. DBTs are traded on HootDex just like other digital assets, with a liquidity pool associated with them and register in real-time on the Pecu Novus Blockchain, which makes them more liquid than a typical digital asset product.
Although they were originally conceived on HootDex, they were created for potential mass adoption across all digital asset exchanges, promoting inclusion as is the core goal of the Pecu Novus Blockchain Network itself.
DBT’s are priced at fair market value of the underlying digital assets in the DBT itself. So a Fair Value Calculation is utilized and the pricing is based on exactly that in real-time, this eliminates any possible pricing manipulation or major disparities from exchange to exchange.
DBT’s offer a number of advantages over other types of digital asset investments, including:
-
Diversification: DBTs allows for portfolio diversification with exposure to a basket of managed digital assets instead of just a single digital asset.
-
Liquidity: DBTs have liquidity pools associated with them and traded on HootDex and will more than likely make their way to other digital asset exchanges, which makes them more liquid than other digital asset vehicles.
-
Transparency: DBTs on HootDex automatically disclose their holdings in real-time to the general public. This makes them more transparent than other types of digital asset vehicles.
-
Cost-effectiveness: DBTs have low transactional fee associate with them as all digital assets do on HootDex and there are no gas fees if swapped on HootDex.
Increased Benefits
The increased benefits and opportunities will arise when centralized cryptocurrency exchanges globally list DBTs on their platforms. Centralized exchanges play a crucial role in the cryptocurrency ecosystem by providing users with a regulated and user-friendly environment to trade digital assets. By listing DBTs, these exchanges can offer their users access to a broader range of trading options and investment opportunities.
VIEW ALL TOKENS
LATEST CRYPTO & FINANCIAL NEWS
- Bitcoin breaks another record, up 20% in a week - Axios
- NEWS: Operator of notorious crypto ‘mixer’ jailed for 12.5 years and forfeits Bitcoin valued at $110M - AML Intelligence
- Stocks making the biggest moves premarket: Tesla, Coinbase, Cisco Systems and more - CNBC
- Bitcoin could be one upgrade away from overtaking Ethereum DeFi - Cointelegraph
- Future Bitcoin upgrades require contrasting stakeholder support evolving across launch timeline - CryptoSlate
- Stock market today: Dow, S&P 500, Nasdaq futures signal a return to roaring rally as bitcoin tops $82000 - Yahoo Finance
- Bitcoin derivatives traders signal strong bullish sentiment as funding rate hits multi-month high - The Block
- Crypto Surges to Another Record on Trump Optimism - Bloomberg
- Tesla, bitcoin and dollar jump as investors pile into ‘Trump trades’ - Financial Times
- When death planning, don’t forget to account for your digital life - Star Tribune
- Stock Market Today: Bitcoin Hits New Record Above $82,000; Dow Futures Grind Higher — Live Updates - The Wall Street Journal
- Intesa Sanpaolo issues tokenized commercial paper as part of ECB DLT settlement trials - Ledger Insights
- Launch of New Multi-Asset Wallet Function Enhances User Asset Management Experience at UVKXE - GlobeNewswire
- 5 things to know for Nov. 11: Presidential transition, House, Climate crisis, Alabama shooting, Bitcoin - CNN
- Nansen Expands to Bitcoin Layer 2, Will Provide Analytics for Bitlayer - CoinDesk
- Here’s How High The Dogecoin Price Could Go If It Mirrors Past Bull Cycles | Bitcoinist.com - Bitcoinist
- Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning - NBC Philadelphia
- Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning - CNBC
- Tesla, DJT, Coinbase, Robinhood, Autolus, and More Stock Market Movers - Barron's
- Stock market today: Bitcoin above $82000, global stocks mixed after Wall Street rally - The Associated Press