HDRN

Hedron (HDRN) is a cutting-edge cryptocurrency built on the Ethereum and PulseChain blockchains, designed to enhance the utility of HEX stakes. It allows stakers to mint or borrow HDRN tokens using their HEX stakes and even trade these stakes as NFTs on compatible marketplaces . This innovative approach provides liquidity to long-term HEX stakers without the need to end their stakes.

HDRN is an inflationary token, with its minting tied to the HEX share price. As HEX stakes appreciate, the amount of HDRN that can be minted decreases, introducing a deflationary aspect over time . This mechanism aligns the interests of HEX stakeholders with the growth of the token.

To obtain HDRN, stakers can mint or borrow against their HEX stakes through the Hedron smart contracts. Minting HDRN is possible once per day served within a stake, and there are bonuses available for minting, such as launch phase and advance to mint ratio (AMR) bonuses . Additionally, stakers can create HEX stake instances (HSI) that can be tokenized and traded as NFTs, providing liquidity and flexibility.

Hedron's decentralized nature ensures zero counterparty risk, as there are no admin keys or kill switches, similar to HEX . The project's focus on security and user control is a significant draw for investors looking for a reliable DeFi solution.