what's Hestia?
Hestia is a cryptocurrency project built on the Base blockchain, focusing on adaptive and innovative tokenomics to support long-term ecosystem growth. At its core, it features a deflationary mechanism for its native token $RAGE, designed to reduce supply over time while enabling seamless integrations with complementary protocols like bRage and Surge. This setup allows the project to respond dynamically to market cycles, blending elements of stability and expansion to foster a resilient DeFi environment. The project's philosophy emphasizes proactive adaptation over reactive measures, symbolized by the fusion of "fire meets water" to represent balanced innovation. Hestia aims to create mechanisms that evolve with user needs, supporting features like staking, liquidity provision, and cross-protocol synergies on Base. By prioritizing deflationary economics and modular integrations, it positions itself as a foundational layer for users seeking sustainable participation in the Ethereum Layer 2 ecosystem.
Hestia reached a $1 million market cap.
Links
x.com/hestiaonbaseReached a market cap of $1 million.
HESTIA/ETH hits new all-time highs with ongoing daily supply reduction.
Rage Protocol owns nearly 20% of circulating supply, holding approximately 740,000 tokens (down from 1M a year ago); 50% of supply burned with price outperforming BTC by over 6x.
Rage Protocol integrates with PeapodsFinance while continuing supply accumulation, with available supply reduced to less than $150k tokens.
Rage Protocol becomes 2nd largest holder of both HESTIA and CIRCLE with enrichment ratio increasing to 1.12 per token.
RAGE achieves 8% enrichment in its first week of operation with a ratio of 1.08, while HESTIA holds near all-time highs as RAGE continues trading at daily premiums.
Rage Protocol acquired 10% of HESTIA supply and 5% of CIRCLE within 6 days of its launch.
Rage Protocol goes live trading into premium as HESTIA reaches all-time highs.
HESTIA is integrated as a USDC-paired yield asset in Rage Protocol on Base, with HESTIA/ETH up over 5x versus ETH and BTC since launch.
Microstrategy onchain launches in a few weeks.
ADP (Asset Decline Protection) insurance product for crypto assets launches to drive demand for Rage INVEST. Three v3 features tentatively planned: Mine Rage, bRage token Launch Pad, and Elastic protocol stacker for claiming Hestia/Rage.
RAGE protocol launch actively running with associated CIRCLE token gaining 100%+ today; HESTIA confirmed as underlying asset in the stack alongside CIRCLE and OHM.
RAGE protocol launches in October with new convertible bonds product backed by multiple assets
Protocol initiates new token burn operation scheduled for tonight
New single-sided staking feature generates 10k HESTIA daily yield on first day of operation.
New Volatility Farming integration with Pods enables simplified yield generation through native miner implementation.
App layer development launches with v2 miner and Chainubi features.
Token price has reached a new all-time high, showing 125% growth against Bitcoin since launch.
Token burn of 15% completed alongside peak liquidity levels achieved on Base network.
Outperforming BTC with less volatility. Metrics: Jan 31st price 0.66, current price 0.79 while BTC dropped from 103k to 82k.
5% of supply burned on first day. USDC reserves at capacity. Project implementing perpetual buybacks.
New deflationary store-of-value token on Base Chain launched with white paper. Features include USDC reserve system and burn mechanics.