1. What is $EHX?
$EHX is the native token of Eterna Hybrid Exchange, which is a unique crypto exchange that combines the best features of centralized and decentralized exchanges. $EHX is not only a token, it’s also the medium of exchange for the broader Eterna ecosystem.
As such, the $EHX token serves many functions, which are explained below. There are several benefits of buying the $EHX token, and in fact, buying $EHX provides some unique opportunities compared to the native tokens of other centralized exchanges. Chief among these benefits is that Eterna is the only exchange to offer its investors the opportunity to earn a portion of its profit stream.
What is Eterna? Eterna is a new type of crypto exchange. It brings together the two most important aspects of crypto markets, centralized and decentralized exchanges, which have traditionally been separate, together in one place. That’s what “hybrid” means. Eterna is “hybrid” because it brings together the two dominant modes of crypto trading together for the first time, and that’s why our exchange is called: “Eterna Hybrid Exchange”.
By doing so, Eterna can bring new investors into the crypto space and allow more experienced investors to experiment with parts of crypto markets they have never before accessed. In that way, Eterna adds genuine value to the market, and is therefore an investment of enormous potential.
2. Benefits of $EHX
$EHX as a “cross-chain token”, which means that unlike most tokens, it is traded on two distinct blockchains. $EHX trades on the Binance Smart Chain (BSC) and on the Ethereum blockchain. This provides an opportunity to a wider investor community to participate in Eterna, because different blockchains often attract different types of investors. The BSC attracts more short-term investors and day traders, while the Ethereum blockchain tends to attract more long-term investors.
Cross-chain trading can also create more opportunities for profit making. For instance, if the price of $EHX on the BSC were to increase significantly above the price of $EHX on the Ethereum blockchain, investors can sell their $EHX token at the higher price on the BSC and re-buy it at a lower price on Ethereum, while pocketing the difference. The process of selling at a higher price while simultaneously buying at a lower price is called “arbitrage”, and it’s only possible for tokens that trade on different chains or in different markets.
Eterna also offers its investors the opportunity to benefit from token staking, and its long-term stakers will receive a share of Eterna’s net income. An investor who stakes their tokens is providing liquidity to the blockchain network, and in return they receive additional $EHX tokens as a reward. Crypto staking is thus similar to depositing money in a bank, and in exchange investors earn rewards in the form of additional tokens.
More fundamentally, $EHX token stakers will collectively receive 50% of the Eterna’s net income. Eterna thereby treats its token stakers as if they are common shareholders, even though stakers do not enjoy the legal rights associated with shareholding. No other exchange in the crypto space provides its investors with a profit-sharing opportunity, making Eterna unique among its peers.
Consequently, there are several distinct benefits from purchasing and staking the $EHX token. First, investors will benefit from any price appreciation that $EHX experiences as Eterna unveils its full hybrid exchange and the resulting services that follow. Second, investors who stake their tokens will receive significant rewards in return. And most importantly, $EHX token stakers will collectively receive 50% of Eterna’s net income.
3. $EHX and Eterna
As the native token of Eterna Hybrid Exchange, $EHX is not only a token traded on the open market, but it will function as the medium of exchange for the Eterna ecosystem.
For instance, any project that lists its token on Eterna will have their token paired with $EHX, which means that traders will have to purchase $EHX in order to invest in newly listed projects. That immediately increases the market value of the $EHX token and provides a price floor for the token.
Secondly, Eterna will offer incubation services, whereby Eterna will assist development teams in launching their own projects on Eterna. To do so, the development teams must purchase and stake a certain number of $EHX tokens.
Other services provided within Eterna will also use $EHX as the medium of exchange, which means that $EHX is not only a token, it’s the currency of Eterna’s internal market.
Unlike meme tokens that have no inherent value, $EHX will serve many functions within the Eterna ecosystem and provides many sources of value for investors. Furthermore, $EHX is unique among the native tokens of other exchanges, because $EHX token stakers can earn a share of Eterna’s future cash flow, making $EHX the only token in the crypto space to provide its holders with profits, paid in USD stablecoins.
Please join our TG room and our Twitter channel for more information about the many benefits of buying and holding $EHX. We welcome you to join the Eterna family and to participate in the future of crypto investing.
