You may be asking yourself what is DHC. And if that is you then this article has been custom tailored made to fit your needs. So sit down, grab a cup of coffee and enjoy this brain dump of information just for you.
What is DHC?
DHC stands for "Da Horde's Coin". It is a WAX based cryptocurrency/token. It was the brain child of Byron who runs a Discord server for his artwork fanbase. Everything that Byron does is to big for this article so we won't get into that but $DHC is his coin that is integrated very closely to his artwork and community.
Token Name: Da Horde's Coin
SYMBOL : DHC
Decimal Places: 8
Token Contract: dahordescoin
How do I get DHC?
There are multiple ways to get your hands on some DHC and I will explain each way below.
Swap For It
One of the quickest ways to get some DHC is to swap another crypto for it. You can currently swap WAX for DHC over on Alcor Exchange.
More recently we got Liquidity over on Taco.Swap as well. Either site works and I would highly recommend you check both to see which gives you a better exchange rate.
As you can see the 2 screenshots have slightly different exchange rates and they were taken within 1 minute of each other so please DYOR on which is better at any given time.
Burn For It
Over the past year or so Byron has released a few NFT's whose sole purpose is to hold DHC as a backed token. If you obtain these NFT's you can burn them to release the DHC into your wallet.
Some of these can be obtained from mining on Magor 22:1 over at Alien Worlds. Others were a part of the Founders Coin drop. You can purchase some of them on the secondary market as well.
Work For It
If you are a member of Byron's Discord server you can work for DHC. There is a channel called #da-hordes-work where every 1 hour you can type in the command !work to perform a work command. It will give you a random amount of 'coins' There is also a !daily command as well that gives out coins. Once you have enough coins you can purchase DHC.
In order to purchase the DHC you will need a Black Marketeer Pass NFT though. You can purchase one for 3 NEFTY here.
Once you have the pass it should take about 15 minutes for the new channel to unlock which is the #black-marketeer-only channel. In this super secrety channel you will be able to use the !shop command which lets you spend your coins to buy DHC.
Besides the $0.02 (3 NEFTY) investment, this is by far the cheapest way to obtain DHC as it doesn't require an initial investment like WAX to be spent.
Stake For It
I am not going to get into how Liquidity Pools work because it will take to long and I am sure I would screw it up technically. So instead I am just going to point you in the right direction on where to stake your DHC or where to earn DHC from staking.
Alcor Exchange
There is liquidity on Alcor Exchange for a DHC/WAX pair. You can add Liquidity to this pool and possibly earn rewards for it.
Taco Swap
Over on Taco Swap there is also a DHC/WAX trading pair where Liquidity can be added. DHC is not a M.E.A.L. or S.A.L.S.A. pool yet but the team is looking into it.
What utility does it have?
The general rule of thumb for the purpose or utility of DHC is this: To purchase NFT's. It is that simple. Byron created DHC as another form of payment. You can earn DHC for free and buy NFT's with it. You can also purchase DHC to then buy NFTs with it.
There are a few drops that Byron puts out that you can only purchase with DHC so having some on hand is also handy. If you head over to NFTHive you will see a few active drops that are payable in DHC
And that is the utility of DHC!
To join Byron's Discord server go here: https://discord.gg/SzGdVnXF27
