Today, Hoge is managed by its community with the support of Hoge Inc, as well as the legal entity named Hoge Swiss Association that includes experienced professionals in crypto and law. Since there are no rewards for founders and no dev wallets, such a move cannot be considered a security: Hoge creators disappeared just like Satoshi Nakamoto in the early days of Bitcoin. Hoge was created by a group of anonymous developers: they launched the token, provided liquidity, encouraged investors to join, and left the project in 3 days. Null address is where 1% from each HOGE transaction is sent to burn the tokens. HOGE is the first meme token to pass the smart contract audit by the Certik security firm: it was monitoring the code 24/7 and didn’t find any serious vulnerabilities. It is present on Ethereum (ERC-20 format), Binance Smart Chain (BEP-20), Polygon, and Fantom blockchains. Hoge Finance was launched in February 2021. Hoge is also on 54,000 watchlists on CoinMarketCap. The token is decentralized: only 3 addresses keep above 1% of the supply. As of April 2022, there are almost 68,000 Hoge holders. It has burnt over 20% of its total supply in under 15 monthsĪll HOGE users are eligible for the redistribution: all you need to do is to keep the tokens in your wallet, and this is how you gradually receive more and more HOGE. Each Hoge transaction increases its value: the shrinking supply pushes its price up while holders get more tokens. ![]() Currently, about 1.2% of HOGE from each transaction is burned to increase the asset scarcity, and another 0.8% redistributed to ERC-20 holders following every transaction, incentivizing them to store the token. There is a 2% tax on each HOGE transaction that is split as a weighted distribution between all holders and the burn address. The HOGE ecosystem is rapidly developing in 2022, the project has an extensive roadmap and an ambitious community – so it’s worth the attention of crypto enthusiasts seeking new opportunities in DeFi and trading.ĭeflationary tokenomics is the core concept behind Hoge Finance.
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