Plenty of people came here for HOT mining in 2024. The reason to stay is the wallet itself, which handles a long list of networks at once.
In spring 2024 HOT was one of the big crypto pastimes on Telegram. You opened a NEAR wallet, claimed your mined tokens every few hours and upgraded your storage. That phase is over, and mining is not something to count on for income now. Behind it, though, was a serious product.
The HERE Wallet and HAPI teams merged into HOT Labs and keep building the wallet on MPC technology. No single party holds the full key, neither you nor one server. Pieces of it sit with different network nodes, and a transfer is signed only when they agree. To the user it feels like a normal wallet without a seed phrase on paper, although you should still save the recovery details.
Network coverage is wide: NEAR, TON, Solana, TRON, Ethereum and the EVM family. Inside you get swaps through aggregators, bridges between chains and staking. A nice touch is that on some networks gas can be paid in USDT or another token instead of the native coin.
The flip side of that flexibility is complexity. Bridges and cross-chain swaps demand attention to networks and fees, and mistakes are costly. We would point it at people who already hold assets on several chains and want them in one place.
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