HALO network Price (HO)

Halo Network is an infinite financial system and a blockchain-based decentralized finance (DeFi) network. Halo Network aims to create an ecosystem governed by decentralization, trust, ease of use, security, and open-source principles. Consequently, users and developers can find Halo decentralized applications (DApps), such as HALO Bridge for cross-chain asset conversion, HALO Oracle, and Halo Stablecoin, for trading, managing, scaling, and developing applications on the Halo platform.

Halo Network aims to be a highly efficient HPOS mechanism, a more transparent dual-transaction model, and a robust and secure oracle machine. Halo Proof of Stake (HPOS) consensus is a tweaked version of POS with an improved scalability feature while supporting large volume transactions. Subsequently, the network also intends to provide scalability components for liquidity management, on-chain and off-chain scenario convergence, and developing infrastructure tools for the DeFi ecosystem. In short, the Halo Network aims to become a scalable and high-performance financial public chain, especially for fulfilling evolving DeFi innovation needs.

According to the whitepaper, the core value of the DeFi system is to connect the traditional financial systems and instruments to the blockchain network to unify decentralized transactions at all levels. The Halo Network team aims to revolutionize the traditional financial system and develop a new DeFi system with the help of HPOS consensus, smart contracts, and Halo Hub, all at the base layer. Thus, the improvement in the base layer enables the Halo Network to gain primary data and trading capabilities by integrating the DeFi ecosystem and traditional financial tools.

Further, the Halo Network's core technology is based on AMM and HMM's dual exchange transaction mechanisms. Here, Automated Market Maker (AMM) manages liquidity and price stability; meanwhile, HMM is the Node Market Marker model that helps in improving liquidity and capital utilization while reducing fluctuations and bringing the trading value closer to the actual price.

HO is the Halo Network's governance token issued for decentralized governance and mining rewards. The platform aims to issue a maximum of 21 million HO tokens for HOLPPOOL, i.e., HALO DAO and liquidity mining cases. Users can vote, submit proposals, or participate in funding decisions using HO tokens. Apart from this, HO is issued only via a contract. Thus, users can receive rewards only via participation in the contract.

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The current market cap of HALO network is $0.00. A high market cap implies that the asset is highly valued by the market.

The all-time high of HALO network is $0.0068. This all-time high is highest price paid for HALO network since it was launched.

Over the last 24 hours, the trading volume of HALO network is $5.16.

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The current circulating supply of HALO network is 0.