What is DeHive Finance (DHV) | What is DeHive Finance token | What is DHV token | DeHive Finance (DHV) ICO

What is DeHive Finance (DHV) | What is DeHive Finance token | What is DHV token | DeHive Finance (DHV) ICO

DeHive is a decentralized protocol that allows the user to become a holder of the top DeFi tokens packed into one index with one click. The index represents noticeable and impactful DeFi assets, which we use to evaluate the economic health of the crypto-market. That is why making a single operation can bring you all the benefits of the full basket of crypto-assets. DHV is a native token of DeHive platform that gives the access to the DeHive ecosystem, allows to issue the initial DeHive Indexes or create a custome one, participate in additional protocol features, and take part in protocol governance through DAO mechanisms. What is DeHive Finance (DHV) | What is DeHive Finance token | What is DHV token | DeHive Finance (DHV) ICO

What is DeHive?

The first DeFi protocol that helps you to gain the maximum profit from the entire DeFi market while holding just one token

DeHive is a decentralized protocol that allows the user to become a holder of the top DeFi tokens packed into one index with one click. The index represents noticeable and impactful DeFi assets, which we use to evaluate the economic health of the crypto-market. That is why making a single operation can bring you all the benefits of the full basket of crypto-assets.

The index is composed of the price of the selected tokens which serve as an indicator of the general direction of DeFi market development. Thus, the user gets a portfolio holding the top crypto assets represented by an algorithmically-driven index.

The DeHive protocol is built and fully maintained by the _Blaize team of blockchain experts. Blaize is a software development company with more than ** 4+ years of experience in crypto technology and blockchain solution development._**

Blaize has vast _**_experience working with top 100 leading blockchain-based projects on Coinmarketcap. _**_It has in-house teams of back-end, front-end, QA and DevOps engineers along with blockchain auditors that are able to provide solutions with the highest level of security.

The idea of creating a fully decentralized crypto index was born out of the market demand and ongoing seeking for new opportunities for investment. The current market is able to offer a wide list of brilliant altcoins and assets that gather trust and more influence among other positions.

Having one index carry the power of the top DeFi tokens is the best idea in terms of securing and strengthening your underlying funds.

The total market capitalization and in-depth research of each asset in the basket are core weights in the calculation of the index made by crypto analysts and DeFi experts.

How do we do this?

DeHive provides you with the opportunity to own a single token that ensures a profitable portfolio for the holder.

The initial DeHive index unites several top-notch DeFi protocol tokens into a single basket. The first index DeHive issues is based on the best DeFi aggregators, liquidity pools, and financial market strategies applied by our DeFi experts and analysts.

The DeHive platform implements a mechanism that purchases the underlying crypto assets to support the index. The protocol uses an in-built system of oracles in order to ensure the acquisition of the selected tokens at the best price the market offers.

Therefore, *the index is backed by a set of crypto assets in an optimal proportion for passive income. *If needed, the platform has the ability to rebalance the underlying set of assets to minimize risk.

Thus, the system ensures the protocol has no loss and the index is backed in full.

What’s new?

DeHive is the first platform to offer the creation of custom crypto indexes representing your personal investment portfolio that can appreciate in value through the DeHive platform.

Create custom indexes

The protocol will present several in-house crypto indexes available to the user and provides a place for traders and platform users to issue their indexes featuring its own unique set of crypto assets. Therefore, the platform’s system allows you to collect and combine your own portfolio, convert it to the custom index and deliver it to the market through the DeHive platform.

Depending on the principle behind choosing the underlying group of assets, the custom index displays the health and market state of particular sectors of the crypto environment, for instance, the decentralized exchange sector or a group of decentralized derivatives, etc.

Stake DeHive Index and get an extra yield on your assets!

In essence, it comprises the following four steps:

  1. User locks a certain amount of their acquired index tokens along with the DHV token so stake it within the protocol;
  2. The smart contract using the in-built oracles retrieves the current prices of the underlying crypto-assets;
  3. Corresponding to the chosen index, the platform sends the underlying currencies separately to the yield farming protocols using the most optimized strategies;
  4. The converted yield is returned to the user in the form of new index tokens backed by the profit generated.

DHV token distribution

The total supply of DHV tokens will be 10M. The following graph represents the initial distribution of DHV tokens.

10m DHV tokens will be minted for the purposes of protocol maintenance. The following graph represents the distribution and circulating supply of DHV tokens.

Table of DHV token distribution

  • 17% of DHV tokens for pre-sale and public sale round;
  • 8% of DHV tokens for private sale (seed) round;
  • 15% of DHV tokens will go to liquidity miners of DHV;
  • 20% of DHV will be secured for company reserved;
  • 20% of DHV for the community, partnership and incentivization. The first part of these funds will be deposited for the DEX offering. Thus, we will provide additional liquidity to the market and make it available for the community;
  • 20% of DHV tokens for the team and further development.

In addition, users will have an opportunity to get more DHV tokens while staking their existing DHV along with DeHive Index or as a reward during protocol integration with other protocols. Let’s talk about this in more detail.

How do you buy the DeHive Index on the platform?

It is important to stress that there is no commission to pay to acquire any of the DeHive Indexes

In order to acquire the DeHive Index, the user needs to make a contribution in ETH corresponding to the weight of the selected underlying assets that represent the index.

Scheme of DeHive token acquisition

The platform will provide you with current and up-to-date asset prices thanks to an in-built system of oracles.

DeHive index redemption

First of all, the whole DeHive team will be extremely sad should you decide to exit the community and liquidate your indexes. Nevertheless, our aim is to build a decentralized and equal world with no prioritization, so, of course, we will provide you with index redemption ability.

What do I do if I want to withdraw the underlying assets and liquidate the index?

In order to exit, the user contributes the index or indexes to the platform and provides a certain amount of DHV tokens that will go to the protocol treasury and participate in subsequent rounds of liquidity mining, rewards distributions, etc. That way you can be sure that you will be supporting the protocol’s economy. The user receives ETH in exchange for redeemed indexes at the current market price, which is provided by the system of integrated oracles.

All DHV tokens acquired during the private (seed), pre-sale, and public sale rounds remain locked until the IDO date. Vesting will start following the IDO event at the end of April (26th — 30th of April).

*After taking a thorough look into the ongoing market behavior and strategic sessions with our advisors, we have decided to establish a 10-month linear vesting model for DHV token holders.

DHV TOKEN LOCKS

Vesting type: linear vesting

Vesting period: 10 months (applicable for all, seed, pre-sale, and public sale rounds)

Vesting start: 26–30 of April, following the IDO event, (the exact date TBA)

Since vesting is linear, a certain amount of tokens will be unlocked every day gradually (to be more precise — every block). In further explanation, 10% of the acquired amount will be unlocked at the end of each month accordingly.

The graph of DHV token un-lock period

Therefore, at the end of each day, the user will be able to withdraw 1 / 305 of the deposited amount. All tokens acquired during seed, pre-sale and/or public sale rounds will be available to claim until the end of the vesting period.

PRE-SALE

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We have established a 50ETH limit (per address) for the amount of tokens you can acquire.

Now, let’s proceed to the main points:

DATES: Start 02:00 PM UTC, March 24 — End 11:59 PM UTC, March 26

TOKEN TICKER: DHV

QUANTITY: 500,000 DHV

TOKEN PRICE: $1.80

📍PLACE:  DeHive Official website

ACCEPTED CURRENCIES: ETH, USDT, DAI, NUX*

PRESALE HARD CAP: $900,000 (any unsold balance will be transferred to the future round. This rule is applicable for both NUX pool and common pool)

The DHV token pre-sale round will take place on our  DeHive webpage and will START at 02:00 PM UTC. The pre-sale will be fully managed by a smart contract.

Due to our *partnership with Peanut protocol, 10% of the DHV pre-sale hard cap can be acquired in NUX tokens. The NUX rate to DHV will be updated once the deviation reaches 5%.

Therefore, we will provide you with two separate progress bars: depicting NUX pool and common pool (for ETH, DAI, and USDT). The data will be shown at the top of the tokensale page so that you can see and follow the progress.

DeHive is hosted on the Ethereum blockchain, so we expect you to have MetaMask installed on your device. Please make sure you have connected it before trying to interact with the webpage interface.

How to buy DHV using MetaMask?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

  1. Go to the DeHive website and click the [BUY DHV] button in the top right corner.

    buy dhv, dhv token, dhv tokensale

DeHive main page

2. Connect your wallet by clicking [CONNECT METAMASK]

buy dhv, dhv token, dhv tokensale

DeHive pre-sale page

If everything is correct, you should see your wallet address displayed.

3. As soon as your MetaMask is connected, you will see your DHV balance shown on the button of the “buy section”.

Yeah! You are now ready to grow your current portfolio with DHV!

4. Scroll down to the “buy section” and choose the asset you want to allocate: ETH, USDT, DAI or NUX.

“Buy section” on the DHV pre-sale page

When providing the desired amount, the DApp will show the exact amount of DHV you will get and the current DHV price.

5. Click [BUY] to proceed.

  • NOTE: Make sure the amount you deposit is available for allocation. You can see how many tokens are left by checking the pools’ progress bars at the top of the tokensale page.

6. Sign your transaction in the MetaMask pop-up window. Wait until your transaction will be confirmed in the blockchain.

7. As soon as the transaction is confirmed, your current DHV balance will be changed accordingly. You can also check your DHV balance on the DeHive smart contract. Please, remember that all DHV tokens are locked until the IDO event at the end of April [exact date TBA]. You will be able to start claiming your tokens after the IDO event.

How to buy DHV using other wallets?

We favor a decentralized world where everyone is able to choose what feels right for them, so have no desire to limit usage to MetaMask only. If** you do not have MetaMask** or do not want to use it for any reason you can still participate in this round. In order to do so, we support direct transfer to our ETH Token Sale contract from any other crypto wallets (like MyEtherWallet, Trezor, etc.).

  1. We will publish the exact contact address on our website [BUY DHV page] on the day the pre-sale starts.

*ATTENTION: Use only the address published on the DeHive official website! Do not send your funds to any address provided via email or other messengers.

2. We accept ONLY ETH to this address. Please, DO NOT send other cryptocurrencies to this address because it will be locked and lost.

3. Use your personal wallet only. DO NOT send ETH from any exchange (neither centralized ex. Binance, nor decentralized ones ex. Uniswap).

4. Set a gas limit before sending ETH to 85,000 to be able to send ETH to the contract.

5. No transaction data is needed in the transaction. Don’t add anything to that field unless you know exactly what you are doing.

6. DHV tokens will be assigned to the address that sends the transaction. Your DHV balance in the contract will change right after.

7. Please remember that** all DHV tokens are locked until the IDO event** at the end of April [exact date TBA]. You will be able to start claiming your tokens after the IDO event.

How and Where to Buy DeHive Finance (DHV)?

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since DHV is an altcoin we need to transfer our coins to an exchange that DHV can be traded. Below is a list of exchanges that offers to trade DHV in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase DHV from the Website or MetaMask

How to buy DHV using MetaMask?

  1. Go to the DeHive website and click the [BUY DHV] button in the top right corner.

    buy dhv, dhv token, dhv tokensale

DeHive main page

If you don't have a Metamask wallet, read this article and follow the steps

What is Metamask wallet | How to Create a wallet and Use

2. Connect your wallet by clicking [CONNECT METAMASK]

buy dhv, dhv token, dhv tokensale

DeHive pre-sale page

If everything is correct, you should see your wallet address displayed.

3. As soon as your MetaMask is connected, you will see your DHV balance shown on the button of the “buy section”.

Yeah! You are now ready to grow your current portfolio with DHV!

4. Scroll down to the “buy section” and choose the asset you want to allocate: ETH, USDT, DAI or NUX.

“Buy section” on the DHV pre-sale page

When providing the desired amount, the DApp will show the exact amount of DHV you will get and the current DHV price.

5. Click [BUY] to proceed.

  • NOTE: Make sure the amount you deposit is available for allocation. You can see how many tokens are left by checking the pools’ progress bars at the top of the tokensale page.

6. Sign your transaction in the MetaMask pop-up window. Wait until your transaction will be confirmed in the blockchain.

🎉CONGRATS🎉 You’ve successfully become a DHV token holder!

7. As soon as the transaction is confirmed, your current DHV balance will be changed accordingly. You can also check your DHV balance on the DeHive smart contract. Please, remember that all DHV tokens are locked until the IDO event at the end of April [exact date TBA]. You will be able to start claiming your tokens after the IDO event.

There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once DHV gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money https://www.binance.comhttps://www.bittrex.comhttps://www.poloniex.comhttps://www.bitfinex.comhttps://www.huobi.com

Find more information DHV

WebsiteExplorerSocial ChannelSocial Channel 2Social Channel 3Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

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