Through a diverse basket of crypto investment, Hypermine aims to generate high returns for token holders.
Mission
Hypermine aims to provide a dynamic and exciting community-driven ecosystem with the BNB chain and the imminent Pulsechain community.
This project aims to leverage the previous success of its predecessor, Powermine, which successfully ran on the IOST blockchain. Powermine pioneered the thriving “Growth DeFi” ecosystem running on the BNB chain, Fantom, and Avalanche.
Hypermine provides users with an exciting approach for greater exposure to cryptocurrencies and leverages Powermine’s success on the BNB and Pulse chains. This is done by integrating Growth DeFi’s already established and developed products into Treasury-owned assets.
All Hypermine contracts are audited. Check out the vulnerable security audit report from DeFi Yield, a leading smart contract audit provider focused on security checks for Decentralized Finance (DeFi) projects.
Tokenomics
Hypermine has a native token HMINE, with a fixed maximum supply of 200,000.
Prior to the launch of the main, the project held two sacrifice rounds in the BNB chain. It consisted of selling a total of 100,000 HMINE tokens (50,000 per round). This allowed the early community to get native tokens at the lowest prices available on a first-come, first-served basis. HMINE tokens were sold to early investors for $ 6 and $ 6.50, respectively, between “Sacrifice Round 1” and “Round 2”.
In particular, the team used rounds to raise initial capital for the financial bankroll prior to launch. This served as a basic investment for seeking post-launch returns.
Following the pre-release sacrifice round, the team launched a standard round with the HMINE token released for $ 7. Tokens will increase in price by $ 3 each subsequent round on a linear scale until all are sold.
According to Litepaper, Hypermine Core Management did not receive a token allocation before launching.
Token allocation
Revenue generated from HMINE token distribution is allocated as follows:
- 2.5% for Growth DeFi “SAFE” token holders
- 7.5% of core management team (this includes all operational costs)
- 10% to HMINE Token Stacker as a payout: 70% as an immediate payout, 30% to grow in the pool. 25% of the pool is also paid daily to the HMINE stacker.
- 80% of HMINE Treasury Bankroll
Hypermine Investments
The project aims to benefit the stacker of the native token HMINE by creating a basket of crypto assets that keeps changing from low to high risk profiles. To pursue very high returns, the team is creating a community-owned asset pool that holds most of its long-term yield and risky assets in stable coins.
Diversity of allocation aims to create an overall balanced portfolio that is actively managed. The portfolio should change over time as the team decides to adjust their positions.
Investment # 1-Pax Gold (PAXG)
Low Risk: The team has a position in Pax Gold (PAXG), a digital token backed by physical gold, and a large holding of DAI Stablecoin.
Investment # 2 – SAFUU
High Risk: The team has also invested in Safuu, a decentralized, highly automated compound interest protocol. This protocol has a lot of potential in its own upcoming blockchain, SafuuX.
Investment # 3 – Avarice (BSC)
High Risk: Another investment from the high risk portfolio is Avarice (BSC).
Investment # 4 – Emp.Money (BSC)
High Risk: Another investment from the high risk portfolio is Emp.Money (BSC).
This is consistent with Impulse, a sister project launched on Pulsechain.
Hypermine interface
This protocol provides the following features:
- Swap pool: This is entered manually and allows HMINE holders to exchange HMINE for $ DAI. The buy-back price is 60% of the current exchange rate.
- Staking pool: HMINE holders can bet tokens as part of the returns generated by treasury bankrolls. The pool has a 20% stake, 50% of which will be burned and the rest will be sent to the Treasury Bankroll.
- loan: Users who want to take a fixed loan with HMINE have the option to do so with an LTV ratio of 60%. The loan is fixed in 30 days and has a monthly interest rate of 10%.
- detonator: The daily detonator comes with a $ 500 worth of DAI’s daily prizes.
- coming soon: Fomo3D and lobby. You can earn HMINE and DAI.
In the spirit of transparency, Hypermine works with projects such as MOR, a decentralized lending platform, and over-collateralized stablecoin that allows users to leverage yield-earning collateral and take advantage of self-repayment loans. Recorded a previous partnership.
Next Steps for Hypermine
After the successful launch of the BNB chain, Hypermine will move to the Pulse chain within the next few months. The project is still in its infancy and we believe that the proposed cross-chain expansion will be able to reach more audiences and bring wider exposure. The team will also announce specific dates for the new lobby with games and prizes this third quarter.
Follow Hypermine on all social channels to stay up to date on future developments.
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