Hemi (@Hemi ) — this is a modular Layer 2 blockchain that combines the security of Bitcoin with the programmability of Ethereum. Thanks to the hVM (Hemi Virtual Machine), which includes a full Bitcoin node, smart contracts on Hemi can directly access data from the Bitcoin network (transactions, balance, UTXO). The confirmation of the network state is carried out through the Proof of Proof (PoP) mechanism, which secures the state of the Hemi blockchain in the Bitcoin network, enhancing the security and finality of records.
Token $HEMI — the native asset of the ecosystem, with a total maximum issuance of 10 billion tokens.
Its main roles:
Governance — HEMI holders can vote on protocol updates and network settings.
Staking and security — staking supports the PoP mechanism, validators receive rewards for securely confirming the state of the network.
Fee coverage — HEMI is used as payment for transactions, for actions of smart contracts in hVM, for cross-chain transfers via 'tunnels' (Tunnels).
Rewards — users who stake HEMI or receive veHEMI partially share the network's income, block rewards, and fees.
Advantages of Hemi:
Combining Bitcoin and Ethereum — users receive the security of Bitcoin along with the functionality of DeFi, smart contracts, and cross-chain capabilities.
The PoP mechanism provides additional security and finality through anchoring in Bitcoin blocks.
Active community and ecosystem engagement — airdrop, partnerships, support from major investors.
Flexible approach to custom 'tunnels' (Tunnels) that allows assets to be transferred between chains without traditional bridges.
$HEMI — an interesting project that has the potential to become one of those technologies that strengthen the connection between Bitcoin and Ethereum. If the team successfully implements the functionality, ensures security, and supports the ecosystem — ASTER could be useful for those looking for innovative DeFi solutions at the intersection of two leading blockchains.
