What Is Hepa Finance (HEPA)?
Hello farmers today we’re thrilled to announce the initial launch of Hepa Finance. Your governance token HEPA and Hepa Finance first DeFi product Hepa.Finance all launching right now on Binance Smart Chain. HEPA/TAPE and earn extremely lucrative rewards for being an early supporter. The yield farming system incorporates a unique 95% locked / 5% unlocked token supply design to create a sustainable and long-term farming environment.
The HEPA token has a hard cap of 500,000,000 tokens and features an extensive lockup model where 95% of earned tokens will be released at a later stage in the future and 5% will be available directly.The HEPA token will be configured to lock 95% of all newly minted supply during the yield farming stage until 00:00:00 UTC March 25th, 2022. When 00:00:00 UTC March 25th 2022 has been reached the locked supply will slowly start to unlock on a block-per-block basis until 00:00:00 UTC March 25th, 2023.
Hepa Finance Storage Key Points
|Coin Name||Hepa Finance|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
By the end of 2022 roughly 290.87 million HEPA tokens are expected to have been minted. At the end of 2023 the supply is expected to reach 460.70 million HEPA and the final 500 million cap is expected to be reached at the beginning of March 2024. From start to finish it’ll take roughly 3 years in total to reach the cap.
Note that ALL of the fees are also locked using the exact same emission schedule as previously discussed — the treasuries will be locked until 00:00:00 UTC March 25th, 2022 and it will then take a full year (until 00:00:00 UTC March 25th, 2023) to fully unlock them.
Due to the treasuries following the exact same locked emission schedule as regular users Hepa Finance decided to pre-mint a total of 10,000,000 HEPA, or 2% of the expected final hard cap. Besides these 10,000,000 HEPA there are no intentions to further mint tokens outside the scope of your yield farming contracts/token emission schedule.
The fee system is designed to disincentive short-term farming and selling pressure but still be fairly reasonable for those who only wish to yield farm during shorter time periods.Withdrawal fees from Hepa.Finance are calculated based on the block of your previous withdrawal. If you have not withdrawn from the pool previously, they are based on the block of your first deposit.
The founding team will commit ~$10k worth of BNB to the HEPA/BNB pool to allow for users to easily swap to HEPA in order to enter the HEPA/BNB liquidity farm.The HEPA/BNB pool on Hepa Finance will initially be seeded with a price of $0.005 per HEPA. There is a demand for a decentralised reserve currency. Dollar-pegged stable coins have become an essential part of crypto due to their lack of volatility as compared to tokens such as Bitcoin and Ether.
Users are comfortable with transacting using stable coins knowing that they hold the same amount of purchasing power today vs. tomorrow. But this is not exactly true. The dollar is controlled by the US government and the Federal Reserve. This means a depreciation of dollar also means a depreciation of these stable coins.
How does it work?
At a high level, ICE DAO consists of its protocol managed treasury, protocol owned liquidity (POL), bond mechanism, and staking rewards that are designed to control supply expansion. Bond sales generate profit for the protocol, and the treasury uses the profit to mint ICE and distribute them to stakers. With liquidity bonds, the protocol is able to accumulate its own liquidity.
Hepa Finance Check out the entry below on the importance of POL. This is an achievable dream for the ICE protocol. is the idea that, if everyone cooperated in ICE, it would generate the greatest gain for everyone (from a game theory standpoint).