Page 10 - HopeCoin - Wealth is Mental Health
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www.Hopecoin.io
TRANSPARENT TOKENOMICS
Too many new altcoins enter the market with opaque tokenomic structures and coin distributions. We
believe radical transparency is the only way to build a sustainable community built on trust. This is why we
created a custom tokenonomic structure based on sustainable, sound-money principles.
• $HOPE is a progressive deflationary decentralized finance (DeFi) token built to succeed. We devised
a custom tokenomic structure to provide a decentralized transaction network that operates on the
Ethereum blockchain (ERC20) and the Solana Chain (SPL).
• The path forward for HOPE is determined by market fluctuations, but the model it runs on begs HOPE
to succeed. ETH-HOPE and SOL-HOPE are designed to continuously re-balance the variances
between the one another.
• On each transaction, a tax of 5% tax will be applied. 2% will be allocated for buy-back, liquidity, and
burn. While 3% will be divided evenly to the following wallets.
• 1%: DAO for Token Development and Marketing
• 1%: Charity Wallet for Distribution to Agents of Impacts and Partners in Prevention Program
• 1%: Token Holders in the form of an automatic dividend which incentivizes holding.
• With a combined circulating supply of 1 quadrillion at launch, each chain was launched with an initial
supply of 660 Trillion tokens locked up and 340 trillion circulating supply.
• Upon launch, 33% of the supply will be permanently locked in the Treasury (i.e., the Blackhole), and
33% of all $HOPE tokens will be locked in the reward pool.
• Conviction rewards: We wanted a system that further rewards $HOPE bulls in the asset they believe
in. Our unique Reward Pool structure incentives LP providers to further strengthen the token’s liquidity.
In addition to their 1% automatic dividend, LP providers will receive .01% of the outstanding tokens
in the reward pool distributed daily. This mechanic makes the pool perpetual (e.g., it can never be
depleted) but reduces rewards over time.
• Buy-back & LP: The effect of a buy-back is like a public company repurchasing its stock in order
to reduce the number of outstanding shares on the market, which increases the ownership stake of
the existing stakeholders. The $HOPE protocol will use 2% of all transactions to buy-back & LP, thus
reducing the token supply and deepening the token’s liquidity. This combines the traditional buy-back
and burn approach with the added value of deeper liquidity in the buy-back and liquidity provision.
Instead of burning tokens, they are first provided as liquidity for the token on its main AMM market,
and then the resulting LP tokens are burned. Thus combining the benefits of the reduced token supply
together with deeper liquidity for the token.
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