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Havven / Synthetix duel token system

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Published: 04 Dec 2018 › Updated: 04 Dec 2018Havven / Synthetix duel token system

Havven / Synthetix duel token system

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Havven (HAV) is a decentralized payment network and stable coin. Havven (HAV) tries to solve one of the key problems that makes cryptocurrency difficult to use in everyday payments and that is volatility!

The price fluctuations make it difficult to purchase everyday items from a store because the prices on the tags will have be changed far to often. For example, if a shoe costs 1 LTC today it might suddenly change to 1,5 LTC tomorrow and 5 LTC the day after. This is where Havven’s duel token system with nomins comes into play. Havven has released nUSD stable coin already with nEUR, nJPY, nKRW, nAUD, nXAU, and more coming in the near future.

Understanding the duel token system and how nomins remain stable might take a lot time to explain in depth so you can have a look at:

Havven white paper here (https://havven.io/uploads/havven_whitepaper.pdf)

Havven website (https://www.havven.io)

Ps HAVVEN is in the process of changing their name to synthetix

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