HollaEx Token & Staking
XHT powers the HollaEx exchange ecosystem and is used for coin activation, staking and discounted payments for exchange software plans.
The HollaEx Token (XHT) is the ultimate utility token operating on the ERC-20 token standard. XHT's finite supply and integration into the open marketplace system HollaEx makes it a valuable token for unlocking certain HollaEx software features.
XHT is most used by exchange operators to for the purpose of new token market activation, listing and discount on plans.
XHT is for those that want to get the most out of HollaEx. It can be used to activate extra exchange features such as coin and token listing. Operators that want to add their own custom digital asset coin to their exchange for trading can donate XHT to have it activated on their platform and the HollaEx Network.
All stakers of XHT are contributing to open crypto exchange infrastructure and for their service are rewarded bonus XHT.
Anyone can contributing to the HollaEx by participating in the XHT/USDT open market.
XHT works in a similar way to other staking system. Those that lock up XHT are rewarded XHT in return. Staking XHT longer will grant extra bonus XHT rewards to the stakers.
Staking XHT is done via the DeFi method and requires a wallet that you control under your own custody. We recommend MetaMask or Coinbase Wallet chrome extension. Simply, click connect and input how much and how long you'd like to stake.
HollaEx uses XHT in as an integral part of the tokenomics of the ecosystem by issuing incentives to contributors and to coordinate the future governing of the HollaEx DeFi system.
Want to dive even deeper?
Read all about the XHT tokenomics and the HollaEx ecosystem in the whitepaper.