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Hootchain HOOT
HOOT
0.2647
$
5.80 %
Change 24h
Market Cap
$ 233,276
Volume 24h
$ 3858.6
Circulating Supply
881,400
Total Supply
280,184
HOOT
$
Description
HootChain is a blockchain project focused on revolutionizing decentralized finance (DeFi) through a hybrid Proof of Work (PoW) and Proof of Stake (PoS) model. The platform aims to provide a secure, scalable, and privacy-centric ecosystem where users can engage in fast, low-cost transactions. It supports decentralized governance via a Decentralized Autonomous Organization (DAO), allowing the community to participate in decision-making processes. HootChain places a strong emphasis on transparency, security, and innovation, aiming to make DeFi accessible to everyone while ensuring user privacy without mandatory KYC (Know Your Customer) requirements. The project also plans to expand its offerings with features like a staking platform and a hybrid exchange model (CEX+DEX), addressing liquidity challenges and enhancing user engagement.