March 21, 2022 – Hertz Network founder, Ashish Malik, announced that the blockchain protocol would migrate to an EVM-compatible chain and launch a DeFi platform in Q2 2022. The swap will be open from May 1, 2022, at 5 p.m. GMT and end on May 31, 2022, at 5 p.m. GMT.
The migration will make the Hertz Network EVM compatible and compatible with EVM tools. Transactions will cost less than 0.0001 HTZ, take three seconds to transfer, and 10 seconds to finalize. Individuals can earn rewards at the company’s staking app.
Users will be able to create HNC-20 tokens in just seconds with the platform’s creation tool on the website. The DeFi platform will enable users to swap HTZ with HNC-20 Tokens in the second-quarter of 2022. Individuals can add the Hertz Network mainnet or testnet to MetaMask with a single click. Individuals can switch between native HTZ, HTZ ERC-20, and HTZ BEP-20 at a 1:1 ratio at supporting exchanges.
Officially launched in Jan. 2021, the platform had fewer than 100 members and now boasts a community of more than 10,000 users. The Hertz Network cryptocurrency project runs on its blockchain and incorporates features that only a few can offer. The team at Hertz Network is focused on developing ways that make cryptocurrency usable in the real world and more accessible for people to use whether they’re inside or outside the crypto world.
The Hertz Network has made a name for itself in the cryptocurrency world for fast and low-cost transactions. Combined with a wealth of easy-to-use tools and an extensive knowledge centre, individuals, groups, and organizations can quickly create custom NFTs. The ecosystem includes four types of coins and tokens: Hertz Coin (HTZ), HNC-20 Tokens; HTZ ERC-20 Token; and HTZ BEP-20 Token.
Hertz Network’s migration to an EVM-compatible chain in May 2022 and the launch of the EVM-compatible Defi Platform in June 2022 will provide users with increased flexibility and ease of use. The robust network is scalable, equipped with smart contract capabilities, and a user-friendly dashboard that makes the platform accessible for anyone to use.
For more information, visit: https://hertz-network.com
About Hertz Network
The Hertz Network is an advanced blockchain network powered by EOSIO. HTZ coin is the native chain of Hertz Network blockchain. The network is distinguished by fast and feeless transfers, DeFi, token creation, autostaking, and cross-chain swaps on a platform built to last.