Connextivity.
HNT is the core cryptocurrency of the Helium ecosystem, acting as its store of value, its governance rights, and its financial engine. Both IoT and Mobile networks reward HNT for building coverage and burn HNT to send data on the networks.
A Store of Value
HNT is the Helium Network’s cryptocurrency, storing value from its decentralized IoT and Mobile networks. It rewards Hotspot operators for providing wireless coverage and enables payments for data transfers, driving network growth and sustainability.
Learn more about HNT
Data Credits
HNT is burned to create Data Credits (DCs), which are used to pay for network services like data transfer. This burn mechanism reduces the supply of HNT, creating built-in scarcity, as the total supply is fixed, ensuring value aligns with network usage and demand.
Learn more about DCs