BitMart, a premier global digital asset trading platform will list $TOR on March 10, 2022. For all BitMart users, the TOR/USDT trading pair will be officially available for trading at 05:00 AM EST.
What is TOR?
$TOR is the stablecoin of the Hector Finance Ecosystem. $HEC is the utility token which is supported by $TOR acting as a payment token, medium of exchange, and low-risk yield-bearing token. $TOR is an ERC20 token which only can be minted when DAI or USDC is used to burn HEC tokens. TOR can be exchanged for newly minted HEC (redeemed) using the HEC price oracle, utilizing a Time Weighted Average Price (TWAP). The yield will come from the rewards of the Hector Finance Treasury Investments and the emission plan of HEC. TOR aims to offer an APR of at least 20%, making TOR yield farms competitive in the market.
The HECTOR Ecosystem
HEC and TOR make up the foundations of the HECTOR Ecosystem. Over the coming months and years, TOR will expand to be one of the only truly decentralized and algorithmic stablecoins in the market. This will allow for significant growth of the HECTOR Ecosystem and bring value and utility to users everywhere.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 800+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their Website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About TOR
TOR is a truly algorithmic stablecoin built on the Fantom Opera Chain. It has a dynamic supply which is determined by supply and demand which ensures it is always worth $1.To learn more about TOR, please visit their Website, follow their Twitter and join their Telegram.
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