How gHecta works?
- Ticker: gHECTA
- Chain: Binance Smart Chain (BSC)
gHECTA is the governance token of Hectagon. gHECTA enable its owner to:
- Burn gHECTA (along some additional HECTA as fee) to acquire project tokens
- Receive staking reward
- Unstake to receive HECTA
To calculate the number of HECTA that gHECTA owner can use this formula:
Number of HECTA = Index * Number of gHECTA
Index is a number which increases after every epoch. The difference between Index of 2 consequence epoch represents the staking rewards for gHECTA owners.
There are 2 ways for user to acquire gHECTA:
- Buying HECTA with discount and vesting terms from Hectagon website or smart contract.
- Staking HECTA in Hectagon website or smart contract to receive gHECTA.