Hoge Finance

Hoge Finance

HOGE
$0.00001801%-0.69

Key Metrics

Price$0.00001801
Real Volume (24H)$14,907.54
Marketcap$7,085,007.03
Fully Diluted Valuation$7,800,361
ATH$0.00094385
ATH Date3/15/2021, 3:02:56 PM
ATL$0.00001688
ATL Date6/13/2022, 12:12:11 PM
Circulating Supply415B
Total Supply415B
WebsiteN/A
WhitepaperN/A
Popularity Rank1461
Chart
What is Hoge Finance?

HOGE Finance is a decentralized finance (DeFi) project that is driven by its community. The HOGE token is a standard ERC20 token that operates on the Ethereum blockchain. It is a meme token and a deflationary currency, with a burn mechanism that helps to increase the value of the token. By sending a portion of the tokens to a wallet with no private key, the tokens are lost forever, which helps to reduce the token's availability and increase its market value. The platform rewards users for holding HOGE, and its main objective is to promote the adoption of blockchain technology and HOGE Finance for the benefit of humanity.

HOGE is a community-owned brand, and its applications are diverse, with endless ideas being developed by its members. Some of the projects started by the community include the HOGE NFT Marketplace, HOGE University, Hogeswap, and the HOGE Aerospace Institute. These projects are not just limited to the blockchain space and extend to the outside world. HOGE's core values include independence, community empowerment through education, expanding reach and accessibility, and more. The HOGE token is entirely owned by its community and is available on trading exchanges.

One of the key features of the HOGE ecosystem is HOGEMint, which was developed by the community. HOGEMint works with Web3 decentralized application (DApp) wallets to create and hold NFT collectibles. Holders can upload their favorite memes and turn them into collectible trading cards that exist forever on the blockchain.

Each transaction made with HOGE is charged a 2% transaction tax, half of which (1%) is transferred to HOGE holders as an incentive, while the other half (1%) is burned or removed from the supply. This helps to increase the scarcity and value of HOGE in circulation. On the Binance Smart Chain (BSC), HOGE can be used as “Wrapped HOGE” with no tokenomics (no deflationary/burn tax) for a much lower fee. However, users won't receive any autostaking rewards holding BSC Wrapped HOGE.

HOGE was first minted on February 7, 2021, with a supply of one trillion tokens. Half of these tokens were immediately burned to a non-recoverable wallet address, which helped to balance the starting transactions. The initial developers abandoned the project, but the community members stepped in to support it. They established a new team and a corporate structure, which was later dissolved in favor of a HOGE DAO (decentralized autonomous organization) hybrid concept. The HOGE Association was created in early 2021 to give its members the tools needed to develop the project, and Certik performs the platform's security audit.

Users can earn HOGE by holding the token in their wallets, as the tokens are autostaked and the transaction tax is redistributed proportionally to all holders. There is no room for mining, as no new tokens can be minted beyond the initial supply.

HOGE Finance is a unique and innovative project in the world of decentralized finance. It is a meme token that runs on the Ethereum blockchain and is built as a standard ERC20 token. HOGE Finance aims to promote the adoption of blockchain technology and decentralization for the benefit of all of humanity. The project is community-driven, with members taking the lead in developing various projects and initiatives that extend beyond the blockchain space.

One of the main features of HOGE Finance is HOGEMint, a decentralized application (DApp) that allows users to create and hold NFT collectibles. With HOGEMint, users can turn their favorite memes into collectible trading cards that exist on the blockchain forever. The ecosystem operates on a deflationary mechanism, where each transaction is taxed 2% and half of it (1%) is burned, reducing the supply and increasing the scarcity and value of HOGE in circulation.

Holders of HOGE are also incentivized through autostaking, where the transaction tax is redistributed proportionally to all holders. However, users must hold HOGE on the Ethereum blockchain to receive the autostaking rewards. The token is available on trading exchanges and is entirely owned by its community, with no team allocation or developer wallet built into the token itself.

The history of HOGE dates back to February 7, 2021, when 1 trillion tokens were minted for the initial supply. Half of the tokens (500 billion) were immediately burned to a non-recoverable wallet address. The initial developers abandoned the project, but the community stepped in to support it, forming a new team and establishing a corporate structure. This structure was later dissolved, and the HOGE DAO (decentralized autonomous organization) hybrid concept was explored. The ecosystem is now governed by the HOGE Association, which was created in early 2021 to give its members the tools they need to develop the project. Certik performs regular security audits of the platform to ensure its safety and security.

In conclusion, HOGE Finance is a promising project in the world of DeFi, offering a deflationary currency, autostaking rewards, and a unique NFT marketplace. The community-driven approach sets it apart from other projects, and its focus on promoting blockchain technology and decentralization for the benefit of all of humanity makes it an exciting opportunity for those looking to get involved in the DeFi space.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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