![]() ![]() Hoge space program (in development): This program involves incorporating crypto technology into outer space through CubeSat satellite technology.Community members can trade tokens to access services provided by Hoge Finance. The community has grown, owing to their marketing approaches such as memes, educational videos, mobile apps, partnerships, and so on. Hoge community: The Hoge community is the main force promoting the use of the HOGE token, and receives rewards in turn for the promotion.Key elements of Hoge include the following: For this purpose, the community also supports charity, creator content, cryptocurrency education, and animal welfare, attracting users to participate in the project. The project aims to promote the perks of DeFi in an entertaining and accessible way. As such, this meme token can bring more value and profits to the holders from its reduced supply and rewards distribution. In addition, the Hoge team is actively creating use cases for the token so that holders can use the token across various services. Therefore, HOGE holders are incentivized to promote the token so that other users can trade with it. HOGE’s purpose is to help holders profit from the tokens burned and distributed per transaction. Now, the token is offered on centralized and decentralized exchanges, offering ease of accessibility. ![]() Seeking to increase public confidence, transparency, and awareness of HOGE, the community members commissioned an audit from crypto security company CertiK, and raised donations to secure exchange listings. Community members also have locked liquidity to guarantee the execution of transactions during the project’s early days. ![]() For that reason, the project positions HOGE as a community-driven token through its fair launch. Given the burning mechanism and the fact that no additional tokens will be mined, HOGE’s circulating supply will only keep reducing over time.Īdditionally, the whole team behind Hoge Finance is working toward their common vision of DeFi, which involves mass adoption. Half of the tokens were permanently burned right away, and now the circulating supply stands at around 40% of the initially launched amount. Like Bitcoin ( BTC), HOGE may increase in value as it becomes scarcer.Īll one trillion HOGE tokens were distributed through a fair launch, which means everyone had equal access to them from the beginning. With the automated burning mechanism, the diminishing supply slowly increases demand. As a result, the circulating supply decreases and users benefit from the increasing rewards. More transactions would mean more tokens are burned and distributed. As such, 2% of each HOGE transaction is distributed and burned, which reduces the total supply after each transaction. This redistribution is integrated with the project’s token-burning mechanism, which redistributes 1% of each transaction amount to the holder’s walletand burns another 1% from the same amount. With auto-staking, a redistribution of rewards incentivizes HOGE holders. HOGE is a deflationary auto- staking token powered by DeFi. HOGE trades at $0.00035643 per token with a circulating supply of around 400 billion, for a market cap of around $40 million. Launched in February 2021, Hoge Finance (HOGE) is a community-driven decentralized finance-based ( DeFi) project that adopts a deflationary model for its ERC-20 meme token HOGE (formerly Hogecoin). ![]()
0 Comments
Leave a Reply. |