HAPI Protocol (HAPI) is a decentralized, blockchain-agnostic cybersecurity protocol designed to detect and prevent malicious activity in the blockchain space. It gathers intelligence on security breaches and threats from multiple sources, including external and on-chain data, and provides real-time notifications and alerts to projects through smart contracts. The protocol has various use cases, including a reporting and alert system, a vetting system for wallet addresses, and integration with DeFi and DEX protocols. The HAPI token is used for governance, voting, and as a medium of exchange within the ecosystem.
HAPI (HAPI) is a utility token used within the HAPI Protocol, a blockchain agnostic cybersecurity protocol designed to prevent and notify entities about potential threats of money laundering, hacking, and other unauthorized transactions of funds. Here are the primary ways HAPI is used:
Data Submission: Users can submit information about hacker attacks or suspicious wallet addresses, contributing to the security data bank and enhancing the overall security of the ecosystem.
Oracle Rewards: HAPI tokens are used as payment to oracles for their services in maintaining the security oracle database for audit reviews.
Governance: Users can stake their HAPI tokens to participate in project governance, such as electing data providers and making decisions on the direction of the protocol.
Security Audit Status: DeFi project audit statuses are submitted to a unified report center to prove that they have passed a security check, which requires HAPI tokens.
Reporting and Alert System: Users can report malicious actors, and the system alerts other users in real-time, helping to maintain a safer crypto environment.
Address Vetting: HAPI allows users to check if a wallet address has been involved in malicious activity, ensuring safer interactions within the ecosystem.
- Smart Contracts for DEX and DeFi Protocols: HAPI embeds directly into DeFi protocols, providing real-time monitoring and alert systems to prevent illicit activities.
These uses of HAPI tokens are integral to the functioning of the HAPI Protocol, which aims to create a safer and more secure environment for blockchain and DeFi applications.
To store HAPI Protocol (HAPI) tokens, you can use a variety of wallet options. Here are a few:
Atomic Wallet: This wallet supports HAPI Protocol and allows you to manage your tokens securely. It does not require registration or KYC, ensuring your privacy. Your private keys are encrypted and remain on your device, giving you full control over your funds.
Trust Wallet: This wallet can be used to store HAPI tokens. You can download the Trust Wallet app on your mobile device or use the Chrome extension on your desktop. Make sure to keep your seed phrase safe and note your wallet address for future transactions.
Kucoin Wallet: Some users store their HAPI tokens directly on the Kucoin exchange, which is a centralized exchange where you can buy and sell HAPI tokens.
- HAPI Protocol Wallet: You can also use the official HAPI Protocol wallet, which is designed specifically for managing HAPI tokens. This wallet provides a secure and user-friendly interface for storing and managing your tokens.
It is essential to choose a reliable and secure wallet to protect your HAPI tokens from potential risks and unauthorized access.
To buy HAPI tokens, you can follow these steps:
Choose an Exchange: Select a reliable cryptocurrency exchange that supports HAPI trading, such as ChangeNOW, KuCoin, or MEXC.
Create an Account: If you don't already have an account on the chosen exchange, sign up with your email address, mobile phone number, and country of residence. Ensure you create a strong password and follow any additional security steps, such as setting up two-factor authentication.
Verify Your Account: Complete the verification process by providing personal information and uploading a valid Photo ID. This step is crucial for securing your account and complying with regulatory requirements.
Add a Payment Method: Link a payment method, such as a credit/debit card or bank account, to your exchange account. This will allow you to purchase HAPI tokens using fiat currency.
Buy HAPI: Use your linked payment method to buy HAPI tokens. You can exchange fiat currency for HAPI or trade other cryptocurrencies for HAPI.
Store Your HAPI: Once you have purchased HAPI tokens, ensure you store them securely in a compatible wallet. You can use a Web3 wallet like MetaMask or a centralized exchange's built-in wallet.
Alternatively, you can also buy HAPI tokens on decentralized exchanges (DEX) by following these steps:
- Choose a DEX: Select a DEX that supports HAPI trading.
- Install a Web3 Wallet: Download and set up a Web3 wallet like MetaMask.
- Transfer Cryptocurrency: Transfer a cryptocurrency like ETH or BNB to your wallet.
- Connect to the DEX: Connect your wallet to the DEX.
- Swap for HAPI: Use the DEX to swap your cryptocurrency for HAPI tokens.
Remember to always follow best practices for securing your accounts and wallets to protect your investments.
