About HERMES
Hermes is a non-custodial protocol in the Metis ecosystem. The primary goal of Hermes Protocol is to enable users and other decentralized protocols exchange both volatile assets ($DAI to $WETH for example) and stablecoins ($DAI to $USDC for example) through it with low fees and low slippage. Unlike existing exchanges that match a buyer and a seller, the behavior of Hermes is different, it uses liquidity pools like Uniswap. To achieve this, Hermes needs liquidity (tokens) which is rewarded by those who provide it.$HERMES token is a governance and utility token for Hermes Protocol. All those who have participated in the Hermes pools will retroactively receive $HERMES tokens. The main purposes of the Hermes token is to incentivize liquidity providers on Hermes Protocol as well as getting as many users involved as possible in the governance of the protocol. Liquidity providers on the Hermes platform receive ¥HERMES for providing liquidity. This ensures the protocol continues offering low fees and extremely low slippage.
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Frequently Asked Questions
What is the all-time high price of Hermes Protocol (HERMES)?
Read MoreThe all-time high of HERMES was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Hermes Protocol (HERMES) is 0. The current price of HERMES is down 0% from its all-time high.
How much Hermes Protocol (HERMES) is there in circulation?
Read MoreAs of
, there is currently 0 HERMES in circulation. HERMES has a maximum supply of 100.00M. What is the market cap of Hermes Protocol (HERMES)?
Read MoreThe current market cap of HERMES is 0. It is calculated by multiplying the current supply of HERMES by its real-time market price of 0.00115338713.
What is the all-time low price of Hermes Protocol (HERMES)?
Read MoreThe all-time low of HERMES was 0
, from which the coin is now up 0%. The all-time low price of Hermes Protocol (HERMES) is 0. The current price of HERMES is up 0% from its all-time low. Is Hermes Protocol (HERMES) a good investment?
Read MoreHermes Protocol (HERMES) has a market capitalization of $0 and is ranked #9143 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Hermes Protocol (HERMES) price trends and patterns to find the best time to purchase HERMES.