Hecate Capital

Hecate Capital is a MCC fork built on the Metis Andromeda Network - an optimistic layer 2 rollup for the Ethereum Network! Our mission is to be one of the first solid projects built on Metis, and we are succeeding at it too.

We believe the future for Metis is bright and took advantage of that by being a first mover! Join us and the amazing community we have built on a once in a lifetime journey through the Andromeda Galaxy!

Decentralized finance, or DeFi, has introduced many people to the concept of yield farming. Everyone wants to put their existing crypto holdings to work for additional passive revenue. That is happening right now with DeFi 3.0.

The primary appeal of Hecate Capital and the $Hecate token is the treasury. We do the most optimal investments with our treasury, and use the profits to benefit the $Hecate token holder.

With the (multi-)chain farming profits, we achieve the following to the benefit of our Hecate holders:

Make the token deflationary by burning Hecate in our treasury

Perform buybacks of Hecate and burning it (see our Twitter page for the many burns that have already happened)

Providing airdrops to holders

Holding hecate not only naturally makes your wallet bigger because of reflections, our strategic actions also increase the value of Hecate.

DAOs are an effective and safe way to work with like-minded folks around the globe.

Think of them like an internet-native business that's collectively owned and managed by its members. They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organization has a voice.

There's no CEO who can authorize spending based on their own whims and no chance of a dodgy CFO manipulating the books. Everything is out in the open and the rules around spending are baked into the DAO via its code.

Community voting

Hecate is listed on snapshot.org, all holders can cast their vote whenever a new one is out. We will notify our members through our socials once there is something to vote on. Serious holders (25B+) can even start a new proposal!

Multisign Wallet

This is where our MultiSign Wallet comes in. In order to prevent any member of Hecate going rogue, we will implement a MultiSign wallet once we have found the right partners.

A MultiSig wallet is a digital wallet that operates with multisignature addresses. This means that it requires more than one private key to sign and authorize a crypto transaction or, in some cases, that several different keys can be used to generate a signature.

We will be using a 3/5 system, where there are 5 institutions and/or persons that can sign the wallet, while 3 of those must sign in order for a transaction to go through.