What is Hard Protocol Coin?
Hard Protocol Coin has replaced Harvest.io, a DeFi platform built on the Kava platform. The decision to rebrand was made to prevent misunderstanding between two completely unrelated projects with the same name. According to Hard Protocol Coin, it was the first cross-chain currency exchange to accommodate several digital assets. Lending, borrowing, and earning incentives using accessible assets on the network are the three major features offered by the platform. project supported by leading industry authority platforms including OKEX, Binance, and BitMax.
Several applications, including a price feed module with an oracle, cross-chain capabilities, and advanced blockchain security, were used to develop the Hard Protocol Coin. So, the project’s original goal was to offer everyone open, completely decentralized financial services. The platform has a list of various assets where users may earn interest for contributing their own assets. Additionally, users may borrow additional tokens from the network by pledging their investment as security. To enable a direct income for borrowing and lending, any exchange platform, a fintech company, and financial services may interface with the Hard protocol.
Hard tokens will power the hard protocol ecosystem, which provides the token holder the key role. The platform itself adheres to a decentralized governance and incentive paradigm in which community members choose the parameters to be used in the future, the assets to be added, and the way that rewards are given out.
Hard Protocol Coin Overview
|Project name||Hard Protocol|
|All-time high||$1.20 USD|
|Exchange Platform||Binance, BitMax, Pancakeswap, Gate.io, Coinone, WBF Exchange, BSCswap.|
|Partner||Chainlink, Binance, Kava|
Hard Protocol Coin Price Analysis
On November 8, 2020, HARD Protocol, commonly known as HARD, began trading on CoinMarketCap (CMC), with a launch price of about $0.85 USD. One Hard will cost $0.4 USD within a week, which is half of what it originally cost. Later, there were only a few ups and downs between $0.4 and $0.55 USD.
One month after being listed on CoinMarketCap, the price of one HARD token reached the $1 milestone. In terms of popularity and market value, the HARD protocol is growing every day and attracting more and more investments. Although the HARD Protocol’s current ROI as of today, December 19, 2020, is 1.27%, which is very low after 1.5 months, you should consider this currency if you’re searching for a good, long-term investment with respectable returns.
As it continues to build projects that might provide more decentralized financial services, kava is one of the rising breakthroughs in the field of decentralized finance. For upcoming trading platforms and exchanges, Hard will provide security and the foundational infrastructure. However, Kava and Hard Protocol are presently among the top 30 DeFi projects, and they are garnering a significant amount of market share. But Hard Protocol Coin has created a new rule that will provide Hard Token owners a 1% charge. As of the right moment, Hard has given consumers $3 million worth of tokens.
Will HARD Coin Reach $10?
$10 means almost 10x comparing today’s price that expected may be after 2025.
Is Hard Protocol a Good Investment?
Another project that is definitely sponsored by a top trading platform since it can be profitable over the long run.