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Why $hippo is different from a ‘regular’ yield farm?
The $hippo ecosystem (currently) consists of three tokens with different characteristics to prevent, for example, the negative price impact of increasing supply. A thread.
The $hippo ecosystem (currently) consists of three tokens with different characteristics to prevent, for example, the negative price impact of increasing supply. A thread.
$hippo is a governance token with which you can farm aHippo. $hippo has a fixed supply sondoesnt suffer from inflation you regularly see in this kinds of projects.
Supply of $aHippo is ‘unlimited’ BUT farming rewards decline over time due to a halving scheme, comparable to BTC.
Supply of $aHippo is ‘unlimited’ BUT farming rewards decline over time due to a halving scheme, comparable to BTC.
As a result of the halving scheme it will take years to increase supply over 400k tokens. And it pays off to own aHippo as it’s the only way (besides buying) to obtain $dHippo.
$dHippo is the ‘top’ of the ecosystem right now and can be obtained by staking $aHippo. $dHippo has a fixed supply of 3.500 tokens. $dHippo provides a purpose for $aHippo and will bring the value in the system from which all tokens will benefit price-wise.
$dHippo will be the portal to the NFT eco-system that is currently under development with which you’ll be able to increase farming rewards to obtain even more $aHippo and $dHippo.
So what’s the purpose of having and farming all those kind of Hippo’s? The smart aspect is that from all farming rewards 20% automatically flows to a community controlled hedge fund. These funds can be used (if the community votes to do so) to invest in other projects.
And in this way create value from external sources flowing into the system.
All of the above is also published by the team in this article. https://officialhippofinance.medium.com/hippo-finance-an-updated-explanation-of-our-main-ecosystem-hedge-fund-and-sub-ecosystems-nft-d64ca0eac530 I’m not part of the team, just an involved investor. I invite you to do your own research and join the #hippogang
All of the above is also published by the team in this article. https://officialhippofinance.medium.com/hippo-finance-an-updated-explanation-of-our-main-ecosystem-hedge-fund-and-sub-ecosystems-nft-d64ca0eac530 I’m not part of the team, just an involved investor. I invite you to do your own research and join the #hippogang
