financemagnates.com
The multi-chain wallet of the Huobi ecosystem, Huobi Wallet today announced the introduction of HEarn, a new cryptocurrency asset management tool. In the initial phase, HEarn listed Bitcoin, Ethereum, and USDT.
The crypto asset management tool will support more digital assets in the future. Through the introduction of HEarn, Huobi Wallet plans to ensure the security of digital wealth management. The newly introduced tool is based on the company’s leading security technology.
HEarn will facilitate clients via comprehensive investigations into prominent projects. Moreover, a wide range of hedging and risk control systems will ensure the safety of digital assets. Huobi termed competitive yield as one of the most prominent features of the newly launched HEarn.
“The iteration of blockchain technology promotes the development of the entire industry, new concepts such NFT (Non-Fungible Token), GameFi, and Metaverse have huge impacts on the market,” said Liser Lee, Head of Huobi Wallet. “Whether you are a senior investor or a new player, you will always find a suitable investment target in HEarn, to maintain and increase the value of your assets.”
Expansion of Services
The latest announcement from Huobi came approximately 3 months after the company announced the expansion of its suite of trading services to meet rapidly growing demand. Being one of the oldest crypto platforms in the industry, Huobi saw a substantial increase in trading volumes in the first half of 2021. Huobi’s services like the extension of Huobi Derivatives Warrant have helped the company in its growth.
“Competitive yield is one of the prominent features of HEarn. HEarn’s assets are kept in a special smart contract. It will dynamically monitor the projects on the mainstream public chains in real-time and select competitive APY (annual percentage yield), safe and prudent projects for investment and mining. All mined tokens will be exchanged into mainstream cryptocurrencies before the expiration and return the principal and interests to users,” the company added.