Ticker | Price | Txns 24h | 1H | 6H | 24H | Liquidity |
---|---|---|---|---|---|---|
$HESTIA | $ 0.9312 | 80 | 0% | -0.05% | -0.06% | $311,227 |
Hestia ($HESTIA) is a deflationary token built on Coinbase’s layer-2 Base chain. The project leverages Hestia Chaos Engine (HCE) for automated liquidity and price management.
While it draws inspiration from Circle’s foundational principle, Hestia introduces several distinct architectural improvements for long-term sustainability. The project aims to function as a highly deflationary store of value by reducing token supply while strategically managing liquidity.
Hestia’s Chaos Engine automates token burns and liquidity injections using the following mechanisms:
$HESTIA has a maximum supply of 1M tokens, with 851.8K in circulation. It traded at $0.8305 at press time, a 12% decrease in the past 24 hours.
The Base Chain-based token currently has a market cap of $713.99K, liquidity of $272.5K, and a 24-hour trading volume of $45.20K.
So far, the project has burned 148.2K tokens, accounting for 14.82% of the initial supply. Its liquidity pool holds $269.98K in locked value, with a liquidity-to-market cap ratio of 37.20%.
Hestia’s community is rapidly growing, with 3.5K followers on X, 2.3K members on Telegram, and 7K+ token holders. It also has an active presence on Discord.
1)What inspired you to create Hestia ($HESTIA), and how does it fit into the broader Ultraround Money ecosystem?
HESTIA is an attempt to revolutionize deflationary tokenomics following the remarkable launch of CIRCLE in February 2024. Where CIRCLE innovated by harnessing Uniswap fees for deflation without transaction taxes, HESTIA pushes boundaries further through its sophisticated Chaos Engine - an advanced smart contract that actively optimizes liquidity pool dynamics. This creates sustained deflationary pressure via calculated buy & burns. Our strategic decision to pair CIRCLE with ETH and HESTIA with USDC establishes a synergistic ecosystem where both tokens complement each other - CIRCLE capturing ETH market dynamics while HESTIA provides USDC-based stability.
2)The project emphasizes deflationary mechanics and store-of-value properties — what gap in the market are you addressing with Hestia?
HESTIA addresses the market's need for a deflationary asset that can establish price floors and reinforce them through market cycles. The USDC pairing provides stability against market volatility, while our Hestia Chaos Engine (HCE) offers unique downside protection. During sharp market downturns, the HCE automatically adjusts liquidity and deploys USDC reserves for strategic buy & burns, creating a dynamic safety net for token holders.
3)Hestia incorporates a unique "Chaos Engine" mechanism — can you break it down in simple terms for our audience?
The Hestia Chaos Engine acts as the project's financial brain, actively managing the Uniswap V3 liquidity position. Through the Automator wallet, this smart contract can dynamically adjust liquidity levels, harvest trading fees, and execute controlled liquidity reductions of up to 1% when needed. The Engine maintains its own USDC reserve, which serves as ammunition for strategic buy & burn operations, creating consistent deflationary pressure in the goal of establishing price floors.
4)In what ways does the Hestia Chaos Engine act as a reinforcing mechanism for the Circle ecosystem?
The Hestia Chaos Engine (HCE) reinforces Circle by creating a burn flywheel, depositing periodicaly ETH into Circle's chaos engine wallet, accelerating deflation and strengthening Circle's store of value properties. This process increases volume, burns and liquidity for the CIRCLE asset, drawing more attention to the Ultraround ecosystem.
5)The project mentions an AI-ready smart contract design. What role do you envision AI playing in the future evolution of Hestia?
The Hestia Chaos Engine behaviors are configured through the privileged setConfigs function of the smart contract. In a further phase, the Automator wallet role will be assigned to an AI entity. AI will have access to the Automator's Ethereum private key and an X account. It will be in control of the behaviors of this new deflationary store of value. setConfigs details: https://ultraroundmoney.com/hestia/setConfigs.pdf
6)The project roadmap highlights community-driven milestones. How important is community involvement in shaping Hestia’s future?
Community involvement is crucial in shaping Hestia's future. The project is entirely community-driven, with all contributions coming directly from community members. The project was funded through a 200K community presale that reached its goal. There are no team wallets or any token unlocks down the road. Development, marketing, and exchange listings will be community-funded through a multi-signature wallet.
7)How do you see Hestia evolving over the next few years, and are there plans to expand beyond the Base Chain?
Hestia is evolving as part of the larger Ultraround Money ecosystem. As Hestia scales, its effects are expected to become more profound, with increasing fees and liquidity attracting more attention. The project is currently undergoing branding efforts and plans to launch marketing campaigns soon. A community Discord has been created to facilitate easier team collaboration. There are ample opportunities for community members to get involved as the project gains momentum.
CA: 0xbc7755a153e852cf76cccddb4c2e7c368f6259d8
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