Options trading protocol Hegic announced that its Hegic Herge Protocol Upgrade is live on Arbitrum. Through the upgrade, Hegic merged its Ethereum mainnet architecture with HardCore, a new architecture that had been tested on Arbitrum for eight months, into a Arbitrum-based architecture. After the upgrade, Hegic is only available on Arbitrum. In addition, users can use $HEGIC for collateralizing options and option strategies by depositing $HEGIC into Hegic's Stake & Cover model.
According to TokenInsight data, $HEGIC price has gone up by 237.66% over the last 24 hours, trading at $0.024508 now.
