LBank Exchange Will List Inflation Hedging Coin (IHC) on April 20, 2022
INTERNET CITY, DUBAI, April 19, 2022, ZEXPRWIRE, LBank Exchange, a global digital asset trading platform, will list Inflation Hedging Coin (IHC) on April 20, 2022. For all users of LBank Exchange, the IHC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 20, 2022.
In a centralized system, inflation happens all the time due to exuberant money-printing, which decreases the real monetary value of the currency. Utilizing the power of blockchain, DeFi and crypto, Inflation Hedging Coin (IHC) addresses the historical issue of inflation with its primary features including Blockchain Adaptability Protocol, deflationary initiatives, and decentralization. IHC believes their project offers people security, transparency, and most importantly – diversification of their assets. The IHC token will be listed on LBank Exchange at 16:00 (UTC+8) on April 20, 2022, to further expand its global reach and help it achieve its vision.
Introducing Inflation Hedging Coin
Inflation Hedging Coin (IHC) is a financial instrument that embraces the central tenets of DeFi and affords people an opportunity to work outside the traditional, centralized economic system. It aims to provide investors with an instrument that they can rely on not for a short-term gain but for gains and savings.
Inflation Hedging Coin is not just another speculative cryptocurrency without any solutions or backing. IHC burns itself annually from its total market capitalization at the US inflation rate to keep its’ store of value — and will continue to do so until its total market capitalization becomes equal to the number of IHC tokens in the token holders’ wallets. Moreover, in collaboration with X-Meta, an exchange that acts as its primary ecosystem, IHC burns all of the net profits from the transaction fees monthly to reduce the circulating supply of the token further.
One of the most revolutionary features of Inflation Hedging Coin is Blockchain Adaptability Protocol, with which it will be able to be transitioned to new blockchains as necessary, so that it won’t repeat mistakes made by other cryptocurrencies such as high cost, inefficiency, and environmental impact. With their Blockchain Adaptability Protocol, IHC makes it easy to switch from Binance to Ethereum 2.0, Cardano, or any other blockchain that has proven itself to be the leader in the field while also ensuring diversification.
In addition, through its on-chain wallet application, IH Wallet, IHC token holders will also receive financial services, such as fiat lending, staking options, and more.
IHC is unique in that it exists outside of the centralized system that the Fed has dominated for so many decades. It’s a financial instrument for investors who recognize the pitfalls of centralized finance and unchecked inflation, and will become one among many well-reasoned, well-directed DeFi investment vehicles.
About IHC Token
IHC has a total supply of 730 billion (i.e. 730,000,000,000) tokens, of which 230 billion tokens are locked on smart contract and reserved to burn against US inflation annually, 100 billion tokens are reserved for token burn protocol, another 100 billion tokens are allocated for IEO, another 100 billion tokens are reserved for the issuing company’s strategic treasury, 110 billion tokens are reserved to compensate founders and team members, 80 billion tokens are reserved to promote usage of IHC token on marketplace, and the rest 10 billion tokens are reserved to distribute airdrop for IHC holders.
IHC token will incur a 5% transaction fee. Transaction fees will get accumulated and redistributed to all token holders regularly, excluding the founders and the team members. The high transaction fee incentivizes the token holders to HOLD their tokens instead of trading them, bringing price stability in this volatile space of cryptocurrency.
IHC token will be listed on LBank Exchange at 16:00 (UTC+8) on April 20, 2022. Investors who are interested in Inflation Hedging Coin investment can easily buy and sell IHC token on LBank Exchange by then. The listing of IHC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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