#hemi $HEMI
✅ What is Hemi?
Hemi is a modular Layer-2 blockchain protocol designed to blend the security of Bitcoin with the programmability of Ethereum.
It claims to embed a full Bitcoin node inside an Ethereum Virtual Machine (the “hVM” or Hemi Virtual Machine) so that smart contracts can access Bitcoin state (UTXOs, blocks) more natively.
It also uses a consensus mechanism called “Proof-of-Proof” to anchor its state into Bitcoin’s chain, aiming to give “Bitcoin-level security” while being EVM-compatible.
The network is geared toward enabling new use-cases: Bitcoin-based DeFi, cross-chain assets bridging, interoperable dApps, etc.
---
🎯 Token (HEMI) Utility & Key Facts
The HEMI token is the native utility/governance token of the Hemi network. It is used for governance votes, network fees (gas) in the future, staking/validators, and ecosystem incentives.
Tokenomics (launch details):
Total supply: 10 billion HEMI.
Allocation: roughly 32% for community & ecosystem, 15% foundation, 28% investors/strategic partners, 25% team & core contributors.
Circulating supply (approx): ~977 million HEMI (as per several trackers) at the time of writing.
Exchanges & listing: For example, listed on MEXC with zero-fee promos at listing.
Current price: As of this writing, about $0.050-$0.060 USD per HEMI.
---
🚀 What’s interesting / potential strengths
Bridge between Bitcoin + Ethereum worlds: Many protocols either build on Bitcoin (limited programmability) or Ethereum (programmability but less security to Bitcoin’s size). Hemi’s pitch is “get best of both”.
Strong backing & partnerships: The project announced a $15 million funding round ahead of token launch, bringing total funding to ~$30 m, backed by major investors (e.g., YZi Labs/formerly Binance Labs).
Ecosystem & adoption momentum: It claims partnerships/integrations with many protocols, and a growing community of users/developers.
