Description
Honey (HNY) is the cryptocurrency native to the 1Hive ecosystem on the Gnosis Chain, primarily serving as a shared liquidity token for Honeyswap. It supplies liquidity for paired tokens and acts as an index for associated projects like Token Engineering Commons, BrightID, Giveth, Shapeshift, and Opolis. The supply is fixed at 28,155.784 with no current circulation, and it features a fluctuating price historically around $5.3 to $5.5. Despite listing on 52 markets, recent trading volumes for HNY have been minimal. Notably, 1Hive, the DAO behind HNY, utilizes Conviction Voting for community decision-making, ensuring equitable Honey distribution based on proposals that bolster its value. Detailed information can be found at [https://1hive.org](https://1hive.org).
Honey (HNY) is the cryptocurrency native to the 1Hive ecosystem on the Gnosis Chain, primarily serving as a shared liquidity token for Honeyswap. It supplies liquidity for paired tokens and acts as an index for associated projects like Token Engineering Commons, BrightID, Giveth, Shapeshift, and Opolis. The supply is fixed at 28,155.784 with no current circulation, and it features a fluctuating price historically around $5.3 to $5.5. Despite listing on 52 markets, recent trading volumes for HNY have been minimal. Notably, 1Hive, the DAO behind HNY, utilizes Conviction Voting for community decision-making, ensuring equitable Honey distribution based on proposals that bolster its value. Detailed information can be found at [https://1hive.org](https://1hive.org).
