HOGE is an ERC-20 token developed on the Ethereum blockchain. It acts as the native currency within the Hoge Finance ecosystem, facilitating various functionalities and interactions. An essential aspect of HOGE tokenomics lies in its deflationary design. Each transaction involving HOGE incurs a 2% tax, a portion of which is burned, while the remaining is distributed among HOGE token holders.
The gradual reduction in the supply of HOGE has the potential to increase its scarcity, which could consequently drive its value higher. However, it is crucial to acknowledge that HOGE is not the sole deflationary token available, and its success will heavily rely on the establishment of demand and active community engagement. Here are some of the primary use cases of HOGE token: ✨ Transaction Rewards ✨ Non-Fungible Tokens (NFTs) ✨ Community Empowerment ✨ Charitable Initiatives
The HOGE token provides users with various opportunities to participate in the Hoge Finance ecosystem, engage in community governance, and potentially generate passive income. Show Less
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