Huoyuan Digital Foundation Has Taken Its First Step to Begin Global Liquidity Mining

March 08 23:07 2021
Huoyuan Digital Foundation is venturing into global liquidity mining with their latest mining tool HZ, specially designed to mine XH.

Global liquidity mining is on the rise for the last couple of years, companies worldwide are developing tools to contribute towards the ease of global liquidity mining and also to make it a profitable venture. The exceptionally skilled and talented technical team of Huoyuan Digital Foundation has spent their past nine months developing HZ which is an independent public chain based on POW mining mechanism. It’s launching took place in the market in July 2020.

After half a year of effortless mining, HZ procured 3 million. Huoyuan Digital Foundation has been trying to build the market as well as the ecological value of HZ, by promoting and evangelizing for half a year, also building a community together, and recovered and precipitated. Huoyuan Digital Foundation has planned to deflate the received 3 million HZ to 2.1 million HZ to participate in liquidity mining. The creation of additional issuance will be avoided, plus excess coins will be destroyed. The gained 2.1 HZ will be rightfully divided between the issuance of consensus nodes, the mining of HZ miners and the world.

The HZ public chain is the foundation used to develop DEFI liquidity lossless mining of XH. It was issued by HX that a total of 210,000 pieces, 730 days of output, constant issuance, no additional issuance, no private placement, no nodes, no pre-mining, was the output of each coin mined through computing power.

XH has certain mining rules which were followed throughout the mining process Huoyuan Digital Foundation. HZ is the only mining tool existing for the mining process of XH. There is no other tool existing in the market to mine out XH. The output of XH coins is all mined by pledged fire HZ. The pledged of HZ is then further converted into equivalent computing power for mining, 1T computing power is 100 US dollars. The HZ price will be converted to an equivalent computing power based on the average price of the previous day on the exchange for mining. This process mines out around 288 pieces per day and the computing power of the entire network is allocated based on that.

Huoyuan Digital Foundation has started liquidity mining with its unique approach. The market can expect more creative and efficient tools for mining HZ for this company in the future. The hard work of their technical team during the lockdown has brought profit for the company and taken the world one step ahead in the mining of XH, with their first-ever tool HZ. Market making can be done fairly and transparently by liquidity mining as it changed the approach of market-making entirely. The concept of having locked up funds with professional market makers is slowly being erased. Huoyuan Digital Foundation has a huge contribution to it in the form of their latest tool.

Media Contact
Company Name: Huoyuan Digital Foundation
Contact Person: Media Relations
Email: Send Email
Phone: 1-941-929-2125
Country: United States
Website: http://www.nbex.link/downloadHZ/index.html