12 February, 2022
$TOR is the stablecoin of the Hector Finance Ecosystem. $HEC is the utility token which is supported by $TOR acting as a payment token, medium of exchange, and low-risk yield-bearing token.
$TOR is an ERC20 token which only can be minted when DAI or USDC is used to burn HEC tokens. TOR can be exchanged for newly minted HEC (redeemed) using the HEC price oracle, utilizing a Time Weighted Average Price (TWAP)
The yield will come from the rewards of the Hector Finance Treasury Investments and the
emission plan of HEC. We aim to offer an APY of at least 20%, making TOR yield farms
competitive in the market.