Hivello's HVLO Token Launches on Raydium, Expanding Decentralized Compute

Generated by AI AgentCoin World
Wednesday, Feb 12, 2025 12:45 pm ET1min read

Hivello, a decentralized computing platform, has announced the launch of its HVLO token on Raydium, a decentralized exchange built on the Solana blockchain. The token went live at 3:00 a.m. PST on February 12, following its listings on MEXC and Gate.io the previous day.

This significant milestone underscores Hivello's commitment to decentralization, making the HVLO token accessible to a broader audience. The token empowers Hivello's ecosystem, enabling rewards, staking, and participation in decentralized physical infrastructure networks (DePINs).

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 HVLO now live on multiple exchanges, users can enjoy various benefits, including:

  • Access to an APY of 88% through staking HVLO
  • 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 DePINs and generate passive income. With a focus on accessibility and educational resources, Hivello simplifies decentralized technology for users worldwide.

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