Description: TOR is a fully collateralized stablecoin which acts as a foundational pillar within the Hector Network Ecosystem.
Its unique smart contracts made it the first of its kind, creating positive price action for the HEC token each time a TOR coin is minted and empowering Hector Network to become deflationary.
Two separate stablecoins, DAI and USDC, maintain TOR’s peg, keeping it decentralized, providing a dual layer of security and helping to prioritize stability.
Since TOR was launched in early 2022, the Hector Network team has focused on expanding its utility, thus supporting the rapid expansion of its ecosystem. Though native to the Fantom Opera Chain, TOR is spreading across the blockchains as Hector Network continues its crosschain expansion.