The current price of Hermez Network is $3.83 in USD. As of now, a total of 4.7M HEZ are in circulation across the market. Hermez Network has experienced a price change of 1.22% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Hermez Network trading volume on crypto exchanges has reached $28.6K.
Description
Hermez Network is a decentralized zk-rollup that focuses on scaling payments and token transfers on top of Ethereum. It was founded on October 15th, 2020, and is based in Zug, Switzerland. The network selects block creators through a burn auction, where 40% of the winning bid goes back to be reinvested in Ethereum public goods through Gitcoin quadratic funding grants. This mechanism is referred to as "proof-of-donation" because a significant portion of the bid is donated to the protocols and social services that run on top of Ethereum. The network is developed by idem3.
HEZ Markets
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