Why the clamor for Havven tokens? Because of its revolutionary method in which Havven utilizes smart contracts to control the balance of the platform and the cost of the stablecoin. As a result, if the system value changes, the smart contracts adjust automatically to control the appropriate number of stablecoins in circulation.
How Havven Works
A portion of nomins can be dispersed against the value of havvens, thereby ensuring that the network stays price shock resistant. The initial value of the network is established through a token sale. Since transactions are not available, those participating in the token sale are predicting the valuation of the Havven system, taking into account a certain amount of risk.
As a result, the price of havven tokens is not merely conjecture, but rather determined by the fee reward distribution to those who hold havven and have issued nomins. This is important for two reasons: 1) It means that the network can be both decentralized and 2) Backed by collateral. By comparison, systems that need to rely on a physical asset like gold as collateral become non-viable based on their centralization.
For more information, visit https://havven.io/
Telegram Group: https://t.me/havven_official1
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