HashKey Group is a leading digital asset financial services provider in Asia, offering a comprehensive suite of services including trading, asset management, and tokenization. Operating within a robust regulatory framework, the group has established a global presence with operations in Hong Kong, Singapore, Japan, and Bermuda.
In November 2024, HashKey Global, the group's licensed digital asset exchange, announced the initial listing of the HashKey Platform Token (HSK). HSK serves as the native token within the HashKey ecosystem, facilitating various functions across the group's services.
HSK is integral to the HashKey ecosystem, offering benefits such as transaction fee discounts, exclusive token purchase rights, and node validation rewards. Additionally, HSK functions as the native token and gas token for HashKey Chain, the group's Layer 2 public blockchain, empowering long-term ecosystem growth.
Q1: What is HSK, and how does it function in the HashKey ecosystem?
A: HSK is an ERC-20 token on Ethereum that also serves as the native and gas token on the HashKey Chain. It provides transparency and additional advantages to holders while capping the maximum supply at 1 billion tokens to protect holders from inflationary impacts.
Q2: How are the 1 billion HSK tokens allocated?
A:
Q3: How does the burning mechanism work for HSK tokens?
A:
To protect token holders from dilutionary impacts, HSK implements an offsetting issuance mechanism (burning):
Q4: What is the emission schedule for HSK tokens?
A:
HashKey Group is a leading digital asset financial services provider in Asia, offering a comprehensive suite of services including trading, asset management, and tokenization. Operating within a robust regulatory framework, the group has established a global presence with operations in Hong Kong, Singapore, Japan, and Bermuda.
In November 2024, HashKey Global, the group's licensed digital asset exchange, announced the initial listing of the HashKey Platform Token (HSK). HSK serves as the native token within the HashKey ecosystem, facilitating various functions across the group's services.
HSK is integral to the HashKey ecosystem, offering benefits such as transaction fee discounts, exclusive token purchase rights, and node validation rewards. Additionally, HSK functions as the native token and gas token for HashKey Chain, the group's Layer 2 public blockchain, empowering long-term ecosystem growth.