What Is Hiz Finance (HIZ)?
Hiz Finance was built to connect hosting service providers and buyers. They provide service and trust and are prioritized to make services easy for all users, especially to buy more secure hosting. Every buyer who purchases both hosting and domain through your platform can claim a bonus based on the package taken in the form of HIZ tokens by filling out the reword claim form that have provided.
If the buyer’s data is valid, the buyer can receive rewords in the form of HIZ tokens in their wallets and can be sold on exchanges or auto trading bots like bitcoin billionaire app that trade cryptocurrencies autonmously. When a user trades an asset, this uses price oracles to look up the price of the asset the user wants to swap from and the price of the asset the user wants to swap to.
Hiz Finance calculates the change in the actual weight of the from asset and the change in the actual weight of the to asset that would result from the transaction. Once the protocol has the two weight deltas, the protocol then takes the delta that impacts the protocol worse, and uses that worse delta to determine the spread to charge to a trader.
Hiz Finance Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Hiz Finance |
| Short Name | HIZ |
| Circulating Supply | N/A |
| Total Supply | 160,594 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Tokenomics
Hiz Finance will be released on the Ethereum platform. It is token compatibility with third-party service wallets, exchanges, etc., and provides easy-to-use integration. In this example, let’s assume the price of LUNA is $100 USD and the price of UST is $1. Tsunami then instantiates the basket with 1 unit of LUNA and 100 units of UST. By doing so, they are instantiating the basket with actual weights being equivalent to the target weights of 50/50.
Product Of HIZ Finance
Hiz Finance is a product developed by Finance. Buyers can enjoy rewords in the form of HIZ tokens which can be claimed after the hosting purchase transaction is successful. So far, this basket looks similar to Balancer’s AMM pool, where users deposit two assets into a liquidity pool. The difference is that Tsunami does not use a price curve, instead price is informed entirely by price oracles such as Band, Pyth, and Chainlink.
The Benefit Of HIZ Finance
- Hosting Sales Proceeds
- 70% of the sales received from the hosting party every month are 100% HIZ buy back spread across the exchange. 75% of the tokens from the buyback will be burned and 25% will be locked safely 1 year from purchase
- New Features (Q2 2021)
- 100% of the monthly income is used for HIZ buy backs that are spread across the exchange. 75% of the tokens from the buyback will be burned and 25% will be locked safely 1 year from purchase
- Adsense (Soon)
- 100% of the monthly income is used for HIZ buy backs that are spread across the exchange. 75% of the tokens from the buyback will be burned and 25% will be locked safely 1 year from purchase
HIZ Finance (HIZ) Token Tracker | Etherscan
Hiz Finance was built on top of the ethereum network with a total supply of 160,594 but in circulation only 16,059 my tokens and the rest were locked for 2 years, with a buyback and burn program every month starting Q1 2021 will make Hiz Finance supply even less. In such a basket, arbitrary assets with arbitrary weights are defined ahead of time. Each basket is usually comprised of 50% stables and 50% blue chip crypto native assets.
Let’s take an example where Hiz Finance starts with a basket of LUNA and UST. They pre-determine that this basket’s “Target Weights” should be 50% Luna and 50% UST, to match the ratio of 50% stables and 50% crypto. The target weight is measured as the USD value equivalent of that asset compared to other assets in the basket.
