Transparency and Security in HEGO

The HEGO tokens and HEGO-stable tokens will be implemented on major networks like BSC (HEGO is already on BSC), Ethereum, and other networks. This ensures the widest possible accessibility for users to exchange tokens and enhances security against potential technical, legal, or legislative issues. Each network has its own explorer, allowing users to track every single token, every expense, every burn, etc.

The transparency of the blockchain is paramount. The HEGO-stable token will remain centralized because it must undergo continuous modifications, such as increasing or decreasing tokens (minted & burned) as needed, buying and selling the HEGO token on various exchanges with each recharge or fiat exchange operation.

For managing HEGO-stable tokens in each country, a non-profit entity will be established to handle the local management of the HEGO system, ensuring user responsibility, legal obligations, copyright issues, user support, and the legal protection of community participants. This entity will also manage the HEGO-stable token and its fiat collateral. As a non-profit, it will publicly inform the community, in addition to fulfilling local obligations.

The HEGO token, once the system is operational and functional (the timeline will be determined by when the community becomes operational and independent and meets all the requirements for the token, starting with exchange listings), will transition from centralized to decentralized. It will be entirely owned and governed by the community, meaning 100 percent of the tokens will be fully owned by the users.

Explanation of how an explorer works: An explorer is a tool that allows users to track the history and current status of blockchain transactions. Users can view transaction details, token movements, wallet balances, and more, ensuring full transparency and traceability.

Explanation of minted & burn of a stable coin: "Minted" refers to the creation of new tokens, while "burn" means removing tokens from circulation. These processes help maintain the stable value of the token by adjusting the supply according to demand, ensuring stability and trust.

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