HONO (Kanji: 焱, Kun’yomi: ほのお) is the blazing algorithmic stablecoin at the core of all fan coins acting as a backing asset & trading pair on MangaFi.
HONO is backed by an ETH vault that grows by accumulating platform fees.
And HONO maintains itself in the market with the help of the Comprehensive Harmonizer for Arbitrage Kinetics and Revenue Accumulation (CHAKRA) algorithm
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