I just checked this article dealing with the performance of the difference rebase tokens for the period between March 30th and April 6th. In the article, I could see that HectorFinance has had a little price decline in the last seven days, giving it a result of -3%. But, knowing that this is a project that I really believe in and also a team that I trust, I was very encouraged taking a look at the following chart that also could be found in the article.
What you can see there is that at first, $1000 was used at buying HEC tokens on December 8th in 2021. You can see that the price declined heavily in the first week (every week is represented with a different color), and then came one more week of decline before it started to rise again. But, after the peak in which it reached $1375 in value, it dropped a lot and reached a low of $375 in the start of March 2022.
But, since then the price of HEC has grown steadily and the value of the investment is now approximately $580. What I find very positive is the fact that it is growing in value, it is consolidating, and I know that there is constant work done on the protocol.
Hector Finance has moved away from the typical DAO and rebase model. They still have rebase rewards, but the APY is currently below 200%, meaning that it is very far away from what we earlier saw of APYs both with HectorDAO and other rebase protocols.
I cannot guarantee anything...
Once again, I cannot guarantee anything, but with the extremely low APY, a currency that is actually deflationary (check the picture below), a new DEX, a solid stable coin, and lots of other things in the loop, I would say that this is for sure one of the most interesting protocols out there right now.
Fewer and fewer HEC tokens are in circulating (it is deflationary)
What are your thoughts on Hector Finance? I would love to hear your thoughts and predictions for the future!