HOLDSHIBACOIN (HSC) API and Price Oracle

HOLDSHIBACOIN

HSC
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0xa99f...5305
Network
Blockchain network where the asset is deployed
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BinanceSmartChain
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is HOLDSHIBACOIN (HSC)?

HOLDSHIBACOIN (HSC) is a cryptocurrency that aims to provide rewards and incentives to holders. Launched in 2021, HSC was founded by an anonymous team. The name is a combination of "HOLD" and "SHIBA," which refers to the popular Shiba Inu meme coin. HSC's purpose is to create a community-driven project that encourages long-term holding of the token through its reward system.

How does HOLDSHIBACOIN work?

HOLDSHIBACOIN operates on the Ethereum blockchain, utilizing its smart contract functionality to implement its token infrastructure. Ethereum is a popular choice for blockchain-based projects due to its robustness, security, and wide-ranging ecosystem.

HOLDSHIBACOIN employs the ERC-20 token standard, which allows for the creation and management of fungible tokens on the Ethereum network. This standard ensures compatibility with various Ethereum wallets and exchanges, simplifying the token's adoption and interaction within the broader crypto community.

The functioning of HOLDSHIBACOIN follows a typical model seen in many decentralized finance (DeFi) projects. Holders of the token are incentivized to keep it in their wallet through various mechanisms. These can include earning rewards in the form of additional tokens or receiving a share of the transaction fees generated by the protocol.

To ensure transparency and fairness, HOLDSHIBACOIN utilizes decentralized oracle services. Oracles provide verified data from external sources to the smart contracts, enabling accurate price feeds and other relevant information required for the token's functioning.

It is important to note that HOLDSHIBACOIN's specific technical implementation may vary, with additional features or functionalities depending on the project's objectives. Therefore, it is always recommended to consult the project's official documentation or resources to gain a comprehensive understanding of its workings.

What are the benefits of HOLDSHIBACOIN?

HOLDSHIBACOIN offers several benefits compared to its direct competitors in the blockchain market.

Firstly, HOLDSHIBACOIN has a solid and dedicated community of holders who actively support and promote the project. This community engagement creates a strong foundation for the coin's growth and sustainability, as it fosters a sense of unity and shared purpose among coin holders.

Secondly, HOLDSHIBACOIN boasts a unique tokenomics model that incentivizes holders to keep their coins. The coin employs a deflationary mechanism that burns a percentage of each transaction, reducing the overall supply over time. This not only drives scarcity and value appreciation but also encourages long-term holding and discourages short-term speculative trading.

Moreover, HOLDSHIBACOIN leverages blockchain technology to ensure transparency and security. As a decentralized cryptocurrency, it eliminates the need for intermediaries, thus reducing transaction costs and enhancing user autonomy. The use of blockchain also enables traceability and immutability of transactions, instilling trust and integrity in the ecosystem.

When compared to its direct competitors, HOLDSHIBACOIN's standout features include its active community, unique tokenomics model, and blockchain-based security measures. These factors contribute to the coin's potential for long-term growth and user adoption. However, evaluating the benefits of cryptocurrencies ultimately depends on individual preferences and risk appetites.

What is HOLDSHIBACOIN used for?

HOLDSHIBACOIN is a cryptocurrency that has gained attention in the blockchain community. It serves multiple purposes, with various use cases depending on the needs of different individuals and organizations.

One common case for HOLDSHIBACOIN is as a store of value. Similar to other cryptocurrencies like Bitcoin, HOLDSHIBACOIN can be held as a digital asset for the long term to preserve and grow one's wealth. This use case is popular among individuals who believe in the potential of blockchain technology and see cryptocurrencies as a hedge against traditional financial systems.

Another use case for HOLDSHIBACOIN is as a means of payment. Some businesses and online platforms have started accepting HOLDSHIBACOIN as a form of payment for goods and services. This allows users to transact securely and quickly without relying on traditional banking systems.

One specific case where HOLDSHIBACOIN has gained attention is in the field of decentralized finance (DeFi). DeFi refers to financial applications that operate on blockchain networks, providing innovative solutions such as lending, borrowing, and trading without the need for intermediaries. HOLDSHIBACOIN can be used as collateral in DeFi platforms, unlocking the ability for users to borrow funds or participate in liquidity pools. This opens up new opportunities for individuals to access financial services without the need for a traditional bank.

Overall, HOLDSHIBACOIN has a range of use cases, from storing value to facilitating payments and participating in the emerging field of decentralized finance. Its utility and adoption will continue to evolve as the blockchain ecosystem expands.

What is DIA's HOLDSHIBACOIN API?

DIA's HOLDSHIBACOIN API is one of the API endpoints provided by DIA to deliver real-time price feeds of crypto assets. DIA's price feeds are constructed by sourcing raw data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, enabling them to offer unique data compared to other web3 data providers.

DIA offers free API endpoints for developers to test, and these endpoints can be found on the asset's detail page in the DIA App. These free API endpoints follow a standardised format and are publicly available for informational purposes. However, the true value lies in DIA's customisable, custom feeds.

When users require a custom configuration for a price feed, DIA builds dedicated API feeds tailored to their specific needs. These custom feeds can be adjusted in terms of sources, methodologies, update mechanisms, and more. To request a custom feed, users can reach out to DIA via Discord or Telegram.

The use cases for DIA's API are diverse and span across the blockchain ecosystem. In the DeFi realm, the price information provided by DIA's APIs can be utilized for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. In the NFTfi space, the API can support peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other applications.

In summary, DIA's HOLDSHIBACOIN API, along with their other API endpoints, offers real-time price feeds for various crypto assets. While free endpoints are available for testing, the true value lies in DIA's ability to build tailored, custom feeds for specific user requirements, making their offering more beneficial and useful for users in the blockchain ecosystem.

API, short for Application Programming Interface, is a set of rules and protocols that allows different software applications to communicate and interact with each other. It provides a standardized way for developers to access and utilize specific functionalities or data from a service or platform, in this case, DIA's price feeds.

What is DIA's HOLDSHIBACOIN price oracle?

DIA's HOLDSHIBACOIN price oracle is part of DIA's comprehensive suite of price feed oracles. DIA offers a smart contract solution that provides real-time price feeds for various crypto assets, including HOLDSHIBACOIN. DIA stands out by being integrated with over 35 layer 1 and layer 2 networks, enabling the deployment of price oracles across multiple blockchains.

To construct their price feeds, DIA sources raw data from more than 85 on-chain and off-chain cryptocurrency and NFT exchanges, covering billions of individual trades. This extensive data collection allows DIA to deliver reliable and accurate price information that other web3 data providers may struggle to match.

DIA offers demo oracles for developers to test, which can be found in their documentation. However, these demo oracles are intended for testing purposes only and cannot be integrated into production applications. For users who require a custom configuration for their feeds, DIA provides the option to build dedicated price feed oracles. These custom oracles can be tailored according to specific requirements, such as sources, methodologies, and update mechanisms.

To request a custom feed, users can reach out to DIA via Discord or Telegram. DIA's custom oracles are particularly valuable as they allow users to obtain price data specifically tailored to their needs.

Blockchain oracles, in general, are external information providers that supply verified data from outside the blockchain to smart contracts. They enable smart contracts to access real-world data and interact with external systems, expanding the capabilities of blockchain applications.

DIA's price oracles find applications across the blockchain ecosystem, including in decentralized finance (DeFi) and NFT finance (NFTfi). For DeFi, the price information from DIA's oracles can be utilized in derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. In the NFTfi space, DIA's oracles support peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and other use cases.

In summary, DIA's custom oracles cater to users' specific needs, offering flexibility and accuracy in obtaining price data. Users can request a custom feed by contacting DIA through Discord or Telegram, providing them with tailored price oracle solutions for their blockchain applications.

Why use DIA's HSC API & price oracle?

DIA's HSC API and Price Oracle offer numerous benefits for users in the blockchain ecosystem. These technologies provide access to accurate and reliable price data for cryptocurrencies and NFTs. One of the key advantages is the high level of customization available. Users can tailor each oracle and API endpoint to suit the specific needs of their decentralized applications. This customization includes configuring data sources, applying data cleaning filters and pricing methodologies, and determining the update mechanisms and frequency. This ensures that the data and oracle remain robust and resilient to market conditions, offering global and specific individual or cross-chain market prices.

Another major benefit of DIA's API and Oracle feeds is the transparency they provide. Users have full visibility into the entire data journey, ensuring trust and reliability. DIA also offers tracking and monitoring tools to closely monitor the oracle and API feeds, further enhancing transparency and accountability. This level of transparency is essential for building trust in the decentralized ecosystem.

Overall, DIA's HSC API and Price Oracle offer customizable and transparent solutions for accessing price data, empowering users to make informed decisions in the blockchain space.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.