The Mission
The Mission for HODL GOLD is simple – to act as a deflationary token in the Defi Space. It will act as the native currency on the HODL GOLD exchange to tether assets to its value. Simple law of supply & demand is crucial to the tokenomics of HODL GOLD. As each trade is made 3% of the trade gets burnt. This will decrease the overall supply and it will increase demand. We want to act as the GoFundMe of Crypto and help newer projects establish liquidity.
Why we Exist
Defi has giving the banking power to the people. Older currencies are centrally controlled by miners. Miners have been taking all the power from the people. What the newer generation of cryptocurrencies need, is a Defi coin that is a store of value, the Defi Bitcoin… HODL GOLD. The mission is to give power back to the people by not letting centralized exchanges (who conveniently have issues during price fluctuations) and corporations buy in. This is a 100% Decentralized Store of value coin. HODL GOLD will NOT be on Centralized Exchanges. Will not be subjugated to foreign mining control and will definitely not be controlled by corporations.
How it Works
10 Millions Coins in Cuirculations with a burn rate of 3% on each trade, supply will eventually decrease leaving demand increasing with pricing to follow. Acts as a store of value to Dex’s and transactions settle in seconds and with low gas fees thanks to the Binance Network
Token Allocation:
[pending IDO/IFO applications reference white paper if IFO / IDO is approved]
10 Million in Total:
500,000 to Development Team for exchange improvements
500,000 for Development Team for Marketing [Pending Pancakeswap IFO Application]
2 Million in Liquidity for Hodl Gold Exchange
5 Million in Liquidity for other BSC Defi Exchanges
500,000 Airdrops to individuals
1.5 Million to fundraise other Crypto Projects (add liquidity to their pools) for Liquidity in Defi Exchanges
Road Map: 2021
DISCLAIMER
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Hodl-Gold.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles, and all other features are for educational purposes only and should not be construed as investment advice. Information for Cryptocurrencies are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your discretion of trading any form of cryptocurrencies is at your own discretion. To sum it up, please do your own research and invest cautiously since the crypto market is known for its volatile price swings.