Hoge Finance is an ERC-20 token, so the only way to acquire it is by using Ethereum. You can buy HOGE coins using centralized (CEX) or decentralized (DEX) exchanges. The capitalization of the project is $23.1 million. HOGE trading started in February at $0.00000167, now the token is worth $0,000028. As a result, each HOGE owner has an incentive to maximize the use of HOGE. There will never be more HOGE in circulation than there is at the moment. Thus, the token shortage is growing and the entire supply provides liquidity. As more transactions occur on the network, the individual net profit of everyone who owns part of the network also increases.Īs indicated on the project's website, 1% of tokens are burned during each exchange, while 1% is distributed among holders. This means that every time HOGE is used, the number of HOGE tokens remaining in circulation decreases and, as a result, increases in price. This makes HOGE a deflationary cryptocurrency based on the Proof-of-Value principle. The coin has 1% burning and 1% redistribution, so everyone who holds a token in a standard ETH wallet is constantly farming the coin," said the founder of HOGE during the AMA session with SatoshiClub. It is a deflationary currency, managed by the community and based on memes. “The basic concept of HOGE is quite simple. Its main feature is that for each purchase and sale, tokens are burned, and HOGE holders receive a share of the transaction as a reward. At the end of 2021 the company HogeGameLabs was founded, which develops DApp games integrated with the DeFi ecosystem. HOGE developers are working not only on the cryptocurrency market. Memecoins are a cryptocurrency based on inspiration from a specific meme or Internet joke. In this way, community members can contribute to the process of creating games both in the field of development and in the field of investment. In the future, there will even be games created that will allow community members to use and win HOGE. At the same time, the project team relies on the use of the token in video games: in the future, the company has plans to create a platform that will allow token holders to donate or invest in indie games.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |