HwikCircleLayer Whitepaper
  • Abstract
    • Abstract
  • Introduction
    • Post-Covid19 Pandemic Era and Smart Mobility
    • The Future of Smart Mobility
    • Platform Business and Blockchain
  • HwikCircleLayer
    • Hwik Circle Layer Architecture
    • Background of adoption of Layer 2 solutions
    • Benefits of using OP Stack
    • Growth plan by stage
  • Tokenomics
    • HCL Tokenomics
    • Dual Token Model
    • Governance Token: HCL
    • Utility Token: HWIK
    • Inflation problems with Utility Tokens
    • HWIK Management Inflation: HDR
    • Token Allocation
  • Service
    • Wallet Connect
    • Add Token
    • Swap
    • Bridge
    • Staking
    • Mystibox
    • Quest
    • G-PASS
  • DAPP
    • Taglo
  • Partners
    • Partners
  • Roadmap
    • Roadmap
  • Team Member
    • Team Members
  • disclaimers
    • Disclaimers
  • Whitepaper_Kr
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  1. Tokenomics

Governance Token: HCL

HCL
Details

Type

Governance Token (& Native Token)

Total Supply

2,500,000,000

Network

ERC-20

HCL is the governance token of Hwik Circle Layer, the Native Token of the Hwik Circle Layer main network that will be built on the OP Stack, an open source development stack being developed by Op Labs, a leading Ethereum Layer 2 solution developer in the future.

The Compound Governors-based governance system developed by Compound Labs allows HCL token stakers to participate in decision-making and receive rewards by participating in governance voting to make decisions on key issues such as changing system parameters, adding new features, and utilizing ecosystem funds.

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Last updated 2 years ago