What is Hugo Game?
Hugo is a deflationary auto-staking token that is quickly gaining popularity among crypto enthusiasts. This token is used as a governance tool for an upcoming DAO platform, making it a community-driven project. Hugo offers three main features that make it unique and valuable. The first is the DAO voting platform, also known as Hugo's Round Table, which allows users to vote on important decisions related to the platform. The second is the NFT platform, or Hugo's Hall of Fame, which allows users to showcase their NFT collections. Finally, Hugo's Spaceship is a crypto index that helps users track the performance of various cryptocurrencies.
In addition to these exciting features, Hugo's auto-staking capability is a major selling point for investors. Every time a transaction is made using Hugo, a 2% fee is charged. Half of this fee, or 1%, is burned, and the other 1% is distributed among all token holders based on their holdings. This means that token holders can earn passive income simply by holding onto their Hugo tokens.
Currently, there are 700 million Hugo tokens in circulation out of a total supply of 2 billion tokens. Of the total supply, 1 billion tokens have been burned, 98 million have been reserved for charities, and 197 million have been set aside for marketing, development, community incentives, and providing liquidity for new exchanges. This limited supply of tokens makes Hugo a valuable asset to hold onto, especially considering its impressive potential for growth.
If you're interested in investing in Hugo, it's currently available on Pancakeswap, one of the most popular decentralized exchanges. Additionally, Hugo will soon be available on different CEX's, providing even more options for investors looking to get involved with this exciting project.
In conclusion, Hugo is a promising cryptocurrency that offers a range of exciting features and benefits for investors. Its deflationary nature and auto-staking capabilities make it an attractive investment option for those looking for a long-term holding strategy. With a limited supply of tokens and a strong community backing the project, Hugo is poised for significant growth in the near future.
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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