Hivello Launches Native Token $HVLO on Raydium DEX

Hivello, a decentralized platform that enables users to monetize idle computer resources across various networks, has announced the launch of its native token, $HVLO, on the Raydium decentralized exchange (DEX). The token went live today at 11:00 AM UTC, marking a significant milestone for the project.

The HVLO token plays a crucial role in the Hivello ecosystem, facilitating rewards, staking, and participation in the DePIN network. By launching on Raydium, a DEX built on the Solana blockchain, Hivello ensures that the HVLO token is accessible to a broader audience, aligning with its mission to promote decentralization and universal access to decentralized technologies.

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 active on multiple exchanges, including GATE.io and MEXC, users can enjoy several benefits, such as:

• Earning an 88% annual percentage yield (APY) by staking $HVLO on hivello.com
• Expanding the token's reach and advantages, providing more users with the opportunity to engage in decentralized compute mining
• Increasing the chances of winning prizes and utilizing the token's utility throughout the growing DePIN ecosystem
• Enhancing $HVLO holders' staking and governance features to ensure sustainability and long-term involvement
• Fostering collaborations with AI compute networks and DePIN protocols to promote the wider use of decentralized infrastructure
• Scaling the decentralized node operator network to make it easier for users globally to participate in DePIN

To learn more about Hivello and its innovative ideas, users can visit hivello.com or join the Hivello community on Discord.