Vault

The HONO Vault

The HONO vault is the backing for the HONO token and is at the center of all transactions associated with the platform. The vault receives a portion of ETH from fees collected on each transaction. This results in the value of HONO increasing as a function of total platform transaction volume. In other words, the value of the vault (disregarding HONO in circulation), denominated in ETH, will only increase.