Hivello's $HVLO Token Launches on Raydium, Expanding Decentralized Access

Generated by AI AgentCoin World
Wednesday, Feb 12, 2025 7:24 am ET1min read
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Hivello, a decentralized computing platform, has announced the launch of its native token, $HVLO, on Raydium, a decentralized exchange built on the Solana blockchain. The token went live at 11:00 AM UTC on February 12th, following its listings on MEXC and Gate.io the previous day. This move signifies Hivello's commitment to decentralization, making the $HVLO token accessible to a broader audience.

The $HVLO token plays a crucial role in Hivello's ecosystem, enabling rewards, staking, and participation in decentralized computing networks (DePIN). By launching on Raydium, Hivello ensures that the $HVLO token is available to a wider range of users, aligning with its mission to make decentralized technology more accessible.

Dom Carosa, Co-Founder of Hivello, expressed his excitement about the launch, stating, "We are thrilled to launch the HVLO token on Raydium, providing our global community with a decentralized option to trade our ecosystem token. This decentralized option is a critical component for us as huge believers in the decentralized movement we are trying to support with Hivello."

With the $HVLO token now live on multiple exchanges, including GATE.io and MEXC, users can enjoy several benefits:

  • Staking $HVLO via the Hivello website provides access to an annual percentage yield (APY) of 88%.
  • Expanding accessibility and benefits of $HVLO, enabling more users to participate in decentralized compute mining, earn rewards, and leverage the token's utility across the growing DePIN ecosystem.
  • Enhancing staking and governance functionalities for $HVLO holders, ensuring long-term engagement and sustainability.
  • Expanding partnerships with DePIN protocols and AI compute networks, driving broader adoption of decentralized infrastructure.
  • Scaling its network of decentralized node operators, making it easier for users worldwide to contribute to DePIN.

Hivello is an all-in-one DePIN manager that allows users to manage decentralized physical infrastructure networks and generate passive income. With a focus on accessibility and educational resources, Hivello simplifies decentralized technology for users worldwide.

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