WHT Coin and HT Coin are both issued by Huobi Global, and there is a close relationship between the two. WHT Coin is the wrapped token version of HT Coin, used on other blockchains, while HT Coin is the native token of Huobi Global. The uses of WHT coins include: conducting transactions on DeFi platforms, providing liquidity, paying cross-chain transaction fees, and participating in on-chain governance. Its supply is consistent with HT coins, which are minted and destroyed by Huobi Global based on actual holdings.
The relationship between WHT coin and HT coin
There is a close relationship between WHT coin and HT coin. They are both controlled by Huobi Global distribution.
HT Coin
WHT coin
Relationship
WHT Coin is essentially a tokenized version of HT Coin on other blockchains. It represents the value of HT coins on different chains, thereby enabling HT coin holders to participate in projects and activities on these chains.
Usage scenarios
Uses of WHT coins include:
Issuance
of WHT coins The supply is consistent with HT coins, which are minted and destroyed by Huobi Global based on the actual holdings of HT coins.
In short, WHT coin is an extended version of HT coin on other chains, which provides HT coin holders with a way to participate in other ecosystems and use HT coin for more activities.
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