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  1. TOKEN ECONOMY

HAVAH PLANET

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Last updated 1 year ago

Planets serve as 'Nodes' that maintain and manage the HAVAH network.

Planet owners operate Planets and receive HAVAH coins (HVH) as rewards for operating Planets.

※ Planet NFT contract address: cx8000000000000000000000000000000000000000

Key Roles of Planets

  1. Interchain Message Relay

In order to exchange digital assets or data between the HAVAH network and other networks, a separate node called a Planet is required to relay interchain messages between the two chains.

Planets monitor the source chain for messages and deliver them to the target network when necessary.

Messages are delivered reliably and quickly through multiple distributed Planets relaying interchain messages.

  1. NFT Source Repository

A Planet provides storage for NFTs from different networks, allowing them to be decentralized and stored when they are transferred between chains or when new NFT minting occurs.

By distributing and storing more NFTs across multiple Planets, it becomes possible to process more data at lower costs and faster speeds.

  1. Governance

Planet holders become participants in HAVAH's major decision-making process and form HAVAH's governance body.

Have any thoughts on HAVAH's future? Let your voice be heard by owning a Planet.

  1. Rewards for Planet Operations

Planet operators receive a reward for operating Planets.

During the first year, a total of 4.3 million HVH tokens will be distributed daily.

The amount of daily distributed tokens will decrease by 30% each year.

Daily reward per Planet in the first year = 4.3 million HVHs / the number of Planets in operation.

GOVERNANCE
HAVAH PLANET