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Hivello’s $HVLO Token Goes Live on Raydium DEX
In a significant development, Hivello has announced the launch of its $HVLO token on Raydium DEX. This milestone marks another important step in Hivello’s commitment to decentralization and accessibility.
As an aggregator for DePIN networks that enables users to earn by monetizing idle computer resources across multiple decentralized networks, Hivello’s HVLO token empowers the ecosystem, allowing for rewards, staking, and participation in DePIN networks. The listing on Raydium DEX, a decentralized exchange built on the Solana blockchain, further reinforces Hivello’s mission to democratize access to decentralized technology.
Dom Carosa, Co-Founder of Hivello, emphasized the importance of this development: “We are thrilled to launch the HVLO token on Raydium, providing our global community with a decentralized option to trade our ecosystem token. This decentralized option is a critical component for us as huge believers in the decentralized movement we are trying to support with Hivello.”
Following the launch, $HVLO holders can take advantage of numerous benefits. These include staking HVLO via hivello.com, providing access to an impressive APY of 88%. The listing also enhances accessibility and benefits for HVLO holders, enabling them to participate in decentralized compute mining, rewards opportunities, and leveraging token utility across the expanding DePIN ecosystem.
To foster long-term engagement and sustainability, Hivello is also enhancing staking and governance functionalities for $HVLO holders. Furthermore, the listing enables partnerships with DePIN protocols and AI compute networks, driving broader adoption of decentralized infrastructure and scaling its network of decentralized node operators to make it easier for users worldwide to contribute to DePIN.
For more information about Hivello’s innovative solutions, interested parties can visit hivello.com or join the Hivello community on Discord at discord.com/invite/hivello.
Source: cryptopotato.com
