TOR stablecoin review

Terra Luna’s empire collapsed overnight. It started with its stablecoin UST showing signs of capital flight. The price of UST has so far been unable to recover, currently at $0.008. And today, we saw stablecoins USDD & USDN also losing their pegs. What is wrong with stablecoin? 

In the bear markets, investors like you and me try to protect our savings and investments by parking them in stablecoins. But which of the 85 stablecoins out there, should we trust our life savings with? Is there a robust stablecoin, that we think is worth considering as an alternative to the not-so-stablecoins? Let’s discover more about TOR stablecoin.

What is TOR?

Talking about a stablecoin this is what we expect. A strong peg. Check out Tor in the list of stablecoins on Coingecko. This USD-pegged stablecoin has not at all deviated from its peg in the most extreme market conditions. But what is TOR? How does it maintain its peg? 

TOR is the stablecoin of Hector Finance. Unlike UST, TOR is not created depending on its demand, but when its value is not less than 50% of its value in the Curve pool. This way, TOR is prevented from being used to over-create itself so that it is not vulnerable to the same attacks that UST had.


Therefore, the $TOR stablecoin can only be minted by burning $HEC and offers highly competitive farming rewards.

TOR Tokenomics

At the time of writing this article, the market cap of TOR is only $17 million with a 24-hour trading volume of $906,000 and a circulating and total supply of 17 million tokens. Its supply chain is way smaller than UST, which gives it less exposure to possible attacks like UST had. 

Also, another secret of the strength of TOR is its treasury, because it can complete the current TOR total supply. Nowadays, the Curve Pool on Fantom is the one that holds the majority of its liquidity. Therefore, with an adjusted minting demand, TOR will have less inflation, where liquidity and the total supply will have a better balance.

On the other hand, Hector Finance not only has TOR. It also has its native token, HEC this deflationary utility token nowadays has $21.5 million in market cap with a total supply of 2.74 million, while HEC has $68.8 million in TVL. You can buy TOR on the Hector finance platform,  Spookyswap, or Bitmart.

About Hector Finance

Hector Finance is a decentralized protocol built on the Fantom Opera Chain and was launched in November 2021 and currently has a treasury of around $70 million.

Therefore, one of their main use cases is that users can stake $HEC. For example, right now, you can stake HEC for 103% APY. To provide this attractive yield, the consensus protocol has demand and supply, where asset purchases and burning strategies creates it. They have not completed the year, and Hector Finance has already launched a:

  • DEX (bridging and swapping)
  • Lending/borrowing platform.
  • Farms in other multi-chain platforms like Beefy and Curve with stablecoins rewards.
  • Stable coin payment gateway

Moreover, Hector Finance currently has 35k active addresses. Finally, what makes Hector Finance different is that users can bridge, stake, farm, swap, buy, sell, borrow and lend all on the same platform.

Latest News of Hector Finance and Roadmap

Nowadays, Hector Finance has very important partners like Certik, Spookyswap, Ola Finance, among others. 

Also, Hector Finance has partnered with JulWallet, which means that TOR holders will be able to spend their tokens in their JulCard which is accepted by 60 million merchants worldwide.

On the lending and borrowing platform, Hectorians can now supply and borrow WBTC. Moreover, it’s important to say that Hector Finance is constantly investing its revenues, focusing on long-term assets like BTC, ETH, FTM, NEAR, LINK, among others.

On the other hand, according to the roadmap, these are the most important milestones in Hector Finance:


  • Rebranding of Hector
  • Tier-1 Exchange Listing
  • General Cross Chain Expansion
  • Further Partnerships

As you can see, Hector Finance has very exciting features that they’ll launch this year, so stay tuned to their Twitter, and Telegram in the description of this video for its latest news and developments.


Hector Finance is a DAO that has built the reserve currency of Fantom’s ecosystem. Therefore, it has a lot of potentials which is attracting more users because of its secure and easy-to-use protocol.  One of the secrets behind is its wide range of social networks like Twitter, Reddit, TikTok, and GitHub, among others. 

So, if you are looking for a robust stablecoin, TOR is a very good option for the reasons already described.

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The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This article has been sponsored by Hector Network. Copyright Altcoin Buzz Pte Ltd.


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