trongHands (SHND) is a hybrid PoS/PoW cryptocurrency that rewards long-term holders, supports staking, DeFi services, and an NFT marketplace. More
| Fully Diluted Valuation | $96,463 |
|---|---|
| 24H Trading Volume | $2 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 20.34B |
| Total Supply | 20.34B |
| Max Supply | 29.00B |
| Categories | Proof of Stake (PoS) 2 more |
|---|---|
| Founder | Anonymous |
| Website | stronghands.io Whitepaper |
| Socials | 5 more |
| Explorer | Coinexplorer |
| Name | Pair | OG Score |
|---|
StrongHands (SHND) is a cryptocurrency that combines two popular blockchain mechanisms, Proof-of-Stake (PoS) and Proof-of-Work (PoW). This hybrid system is designed to improve energy efficiency and secure the network, offering benefits to both holders and miners.
Minting System and Rewards
The SHND token operates on a unique minting system where miners are rewarded for holding their coins. To earn rewards, miners must keep their SHND tokens for at least 30 days. This encourages long-term holding, promoting stability and loyalty within the network.
Utility and Governance
SHND isn’t just a token for holding—it plays an important role in the StrongHands ecosystem. Users can stake SHND tokens to earn rewards and potentially take part in governance, voting on proposals and network changes. The token also supports decentralized exchanges (DEXs), offering liquidity and trading opportunities within its ecosystem.
NFT Marketplace
In addition to its core functions, StrongHands has also entered the world of non-fungible tokens (NFTs). Its marketplace allows creators to mint, buy, sell, and trade digital assets. While currently running on the Ethereum blockchain, the platform is working on expanding to multiple blockchains, making it more accessible.
DeFi Ecosystem
SHND is integrated into a larger decentralized finance (DeFi) ecosystem. This includes services like yield farming, liquidity provision, and staking. Users can earn dividends by participating in trading activities, making SHND part of a growing DeFi space. The token's limited supply helps prevent inflation and preserves its value over time.
Community and History
Launched in 2015, StrongHands has built a community-focused development model. Over the years, the project has evolved, adapting its supply and features based on community input. The SHND community is known for its commitment to the crypto culture term "HODL," which encourages long-term holding despite market fluctuations.
In summary, StrongHands (SHND) is a versatile cryptocurrency with a strong emphasis on community, rewards for loyalty, and integration into both DeFi and the growing NFT space.
StrongHands (SHND) stands out with its hybrid Proof-of-Stake (PoS) and Proof-of-Work (PoW) system, rewarding long-term holders and promoting network stability. The project also integrates into the DeFi space and offers a multichain NFT marketplace.
The founders of StrongHands (SHND) are not widely publicized, as the project focuses on community-driven development and decentralized governance.
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