What is Hoge Finance

Article Summary, Automatically Generated By AI

About Hoge Finance

Key Points

  • HOGE is a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply.
  • Initial HOGE supply was 1,000,000,000,000 with half (500 billion) permanently burned at launch.
  • HOGE can be bought on PancakeSwap (V2), Uniswap (V2), Gate.io, 0x Protocol, WhiteBIT, Decoin, 1inch Exchange, and ZT.
  • A 2% tax is levied on every HOGE transaction, with ~1% sent to the burn wallet and the remaining part redistributed to all wallets holding HOGE outside of exchanges.
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About Hoge Finance: Empowering the Future of Decentralized Finance

Introducing HOGE: A Revolutionary Digital Asset

HOGE, formerly recognized as Hoge.Finance or Hogecoin, defines itself as a community-driven decentralized finance (DeFi) auto-staking ERC-20 token, distinguished by its capped and deflationary supply. Notably, HOGE was fair-launched on February 7, 2021, with a unique characteristic of having no tokens allocated to the team. Initially, the HOGE supply stood at 1,000,000,000,000, with a significant half (500 billion) permanently removed from circulation at launch, thereby reducing the overall supply.

Where to Acquire Hoge Finance (HOGE) Tokens

For those interested in acquiring Hoge, the premier exchanges for trading this cryptocurrency are presently PancakeSwap (V2), Uniswap (V2), Gate.io, 0x Protocol, WhiteBIT, Decoin, 1inch Exchange, and ZT.

To stay abreast of Hoge’s real-time market fluctuations, download the CoinMarketCap mobile application. Should you wish to convert the current Hoge price to your preferred fiat currency, kindly utilize CoinMarketCap’s exchange rate calculator.

New to the world of cryptocurrency? For a comprehensive guide on how to purchase digital assets using traditional currencies, explore CoinMarketCap’s educational hub, Alexandria.

A Novel Paradigm: Deflationary Cryptocurrencies

A 2% levy is imposed on every HOGE transaction, with approximately 1% of this tax being directed to the burn wallet, thereby permanently reducing the supply. The residual amount is subsequently redistributed among all wallets holding HOGE, excluding those affiliated with exchanges.

HOGE debuted with the modest ambition of being a deflationary “Doge, but DeFi.” However, a visionary team of HOGE founders steered the project toward a more altruistic and pragmatic roadmap, driven by a broader sense of purpose.

Notably, HOGE has emerged as one of the pioneering DeFi memecoins to successfully undergo a rigorous Certik audit, yielding a pristine report devoid of critical, major, or medium severity findings. As of this writing, its impressive Skynet security score stands at 90. For further verification, please refer to

https://www.certik.org/projects/hogefinance

.

HOGE has embarked on an exciting venture, minting exclusive NFTs for its esteemed holders, while also venturing into the realm of eSports and sponsoring high-octane Rally Racing Trucks.

In May, a Swiss-based, non-profit DAO hybrid entity was established to execute community-approved actions for the token, as well as to sign contracts and business agreements with Centralized Exchanges going forward. Furthermore, HOGE has introduced a non-profit partnership initiative, which includes a Twitter campaign dubbed

Hoge Saves the Animals: A Community-Driven Initiative for Charitable Causes

Notably, HOGE has demonstrated its commitment to supporting worthy causes. Through this and related initiatives, HOGE has successfully raised over $20,000 for animal welfare. Meanwhile, the HOGE team is poised to leverage its HogeGameLabs to venture into the development of dApp games later in 2021.

August 2021: Hoge Inc was established to provide ongoing support for the Hoge DeFi project. Registered in the US as a blockchain programming company, Hoge Inc has played a vital role in sustaining the project’s momentum. The company’s diverse range of services includes market making, cross-chain integration, website development, solidity contract creation, gaming, and other essential functions that have enabled Hoge to continue thriving. The email address [email protected] is directed to the current lead team.

On April 14, 2022, the Hoge Lead Team was officially appointed through a snapshot vote, garnering an overwhelming 99.98% approval rate, with 54 billion HOGE tokens in favor. This milestone marked a significant step forward, as the new team is now poised to spearhead the project, adhering to the established guidelines, in lieu of the long-anticipated custom DAO dapp.

https://snapshot.org/#/hogeinc.eth/proposal/0xc34c605572b040a6d87a8582851df713f24788cf8a48d39d81d838968e9bafcd

June 12, 2022: Certain bylaws were passed with an overwhelming majority of 45B HOGE (99.94% in favor) to facilitate the growth of partnerships.
https://snapshot.org/#/hogeinc.eth/proposal/0xeea334e4c07ba7a34d7724143b1d2cc4dae2dcd0ebc1f17c15179e937d38c760

July 15, 2022: Following an exhaustive examination of subpar code, we decided to abandon that development path by relinquishing ownership of the Eth contract, 50B HOGE (100% For), thereby aligning ourselves more closely with our goal of becoming a DeFi-centric entity.
https://snapshot.org/#/hogecharity.eth/proposal/0x8d1d6b24a29bb6314eb03a2cff759c656c323f2dc2163e8563327c6293fb037c

Insights into HOGE: A Comprehensive Overview

Explore the captivating realm of Hoge Finance and Meme through these insightful articles:

Hoge Finance and Meme Price Analysis

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Who Let the Crypto Dogs Out? Hoge: The King of DeFi Made Easy

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Can Hoge Become Heir to Doge?

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Where Can I Buy Hoge Crypto?

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