denom: hydrogen (codebase: scyb)
Role
$H is the liquid staking derivative of $BOOT and the primary token of the bostrom network. neurons hold, display, and transact with $H. The network's total value is expressed as the sigma of all $H in circulation.
Issuance
delegate 1000 BOOT → mint 1000 H
undelegate 1000 BOOT → burn 1000 H
| Total supply | ~297T |
| % of $BOOT staked | 62% |
Uses
- mint input — burn $H to mint $V or $A
- bostrom/liquidity — traded on the built-in automated market maker (x/liquidity module), deposited into liquidity pools, or used in any cosmwasm contract
$H does not earn staking rewards itself. The underlying staked $BOOT continues to earn rewards. $H is the spendable proof that $BOOT is at stake.