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HOPE is now officially available on the main Ethereum network

HOPE

2023-04-19 23:13

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Original source: HOPE

HOPE It's now live on the Ethereum mainnet. HOPE HOPE is a cryptographic distributed stablecoin based on HOPE And create a one-stop DeFi The ecosystem. After a successful public beta phase, including HopeSwap, HOPE Pledge and nbsp; DAO The protocol and features are now officially available to all users. LT The reward will be given in 2023 Year 4 Month 20 Sunday morning 8: 00 (UTC+ 8 ) And then it starts releasing.

The milestone of this mile is in Coinbase Supported by Coinbase Is one of the largest and most compliant hosting providers in the world. As HOPE The first managed service provider in a distributed reserve network, Coinbase Make HOPE Investors can safely keep their assets in the hands of reputable, independent and regulated custodians in a non-hybrid manner.

We would also like to thank our contract auditors. SlowMist, CertiK And PeckShield Support and recognition for the security of our smart contracts.

Experience HOPE Ecology

HopeSwap

1. Asset Swap

HopeSwap It's the mass audience that gets in. HOPE Ecosystem portal where users can use mainstream crypto assets through the chain. AMM Obtain HOPE And LT.

2. Liquidity pool

Users can provide liquidity to existing trading pairs or create new trading pairs to earn. HopeSwap Fees incurred. 50% .

3. Liquidity mining

On this basis, LP Token holders can also pledge qualified LP Token, and according to the corresponding Gauge Weight gain LT Reward.

Pledge of HOPE

Through single currency pledge, HOPE The holder can obtain LT without bearing the impermanent loss; Reward.

DAO

1.veLT

LT The holder may put LT Lock in for a period of time to get. veLT (vote-escorted LT). User available veLT The amount is proportional to the locking time. For example, the 10, 000 LT Lock 1 Year, 2 Year, 3 Year or 4 Year, can be obtained respectively 0.25, 0.5, 0.75 & have spent Or 1 piece veLT.

veLT Holders will have bonus and governance voting rights.

2. Bonus points

According to specific veLT The most you can get is your holdings. 2.5 & have spent Multiple LT Bonus.

3.Gauges

LT The distribution plan of the award is determined by its corresponding. Gauge Weight decision, Gauge The weights will be updated after each voting cycle.

4. Current liquidity pool reward

At present, the following liquidity pools can be based on the corresponding Gauge Weight gain LT Reward distribution

• HOPE pledge

• & have spent LP-HOPE-USDT pledge

• & have spent LP-LT-USDT pledge

Want to know more about Gauges For more information, please read ourdocument.

5. Governance rewards

HOPE All transaction costs generated within the ecosystem. 25% Prorated to all. veLT The holder. In addition 25% Transaction costs will be allocated pro rata to specific votes based on the voting results. Gauge nbsp; veLT The holder.

LT release plan

LT nbsp; HOPE Ecological incentive and governance Token used to motivate users in HOPE Provide mobility and participate in governance within the ecosystem.

LT The total supply will be infinitely close to one trillion.

Initial supply: 40%

• & have spent 30% will be in 4 All LT generated are gradually released to investors and teams over a period of years. Will be locked out again. 4 Year, generation veLT to participate in governance.

• & have spent 10% Will be released to Treasury And the foundation.

The rest 60%

• & have spent The release will follow a piecewise linear plan, with inflation falling each year. 1/8 .

• & have spent Compared with initial supply, inflation in the first year is about. 23.87% & have spent , or daily 2.6159 & have spent Hundreds of millions of LT.

• LT bonuses will be awarded in 2023 Year 4 Month 20 Sunday morning 8: 00 (UTC+ 8 ) And then it starts releasing.

You can check out ourdocumentLT For more information.

Future plan

Community governance is critical to the growth and development of the project. Next, we will introduce an on - and off-chain voting mechanism for governance proposals. veLT LT The holder will have the opportunity to make a statement. HOPE Make comments and suggestions on all aspects of the project and vote on a number of major governance proposals.

In addition, please look forward to the upcoming launch of the HopeLend And HopeConnect, they will be HOPE Provide a full range of application scenarios, help HOPE Become universal collateral and eventually evolve into a global payment instrument.

Let us hope together and walk toward the light.

Q&A

1. HOPE dApp Official URL What is it?

app.hope.money

2. I have no idea. DeFi, how do you get started?

We welcome all. DeFi For new users, we have a newbie friendly for youUsage guide.

3. How to get HOPE

At present, retail users gain HOPE The only portal is HopeSwap.

4. How to get LT reward

• & have spent Pledge HOPE And hold stHOPE (* If you have stHOPE If you deposit in the liquidity pool, you will not receive this reward)

• & have spent Those eligible for the award through pledge. LP Token, which can be rewarded with liquidity. At present, the following two kinds of pledge. LP Tokens can earn rewards:

A. & have spent LP-HOPE-USDT

A. & have spent LP-LT-USDT

• & have spent You can do this by holding veLT, obtained the highest 2.5 & have spent Double the bonus.

• LT The reward will be in 2023 Year 4 Month 20 Sunday morning 8: 00 (UTC+ 8 ) And then it starts releasing.