Hoge Finance

HOGE initially launched with a simple goal: to be a deflationary version of "Doge, but with DeFi." Yet, the community's vision transformed the project towards a path that was more utility-focused.

HOGE provides creators with an engaging and innovative platform to explore the DeFi landscape. This community-driven model allows HOGE holders to add their value to the token. Thanks to strong scarcity-based tokenomics that support various creators, the opportunities are boundless. Moreover, holding HOGE gives you a say in important project decisions through voting rights.

Understanding Tokenomics

Every time HOGE tokens are bought, sold, or transferred, a 2% transaction fee is applied. This fee is then redistributed among all HOGE token holders. Essentially, just by keeping HOGE in your wallet, you’ll notice your balance gradually increasing.

The reflections you earn are influenced by transaction volumes and your share of the HOGE tokens compared to the total supply. Whether there are 10,000 or 10 million holders, your portion of the reflections remains unchanged. High transaction volumes lead to bigger daily burns and more reflections for everyone involved.

Importantly, the burn wallet, which is inaccessible and contains over 60% of the tokens, also receives its part of the 2% redistribution tax. This process ensures that more than 1.2% of HOGE tokens are burned with each transaction, while 0.8% is allocated to active holders. This system continuously decreases the circulating supply of HOGE and provides ongoing rewards to every holder through each transaction indefinitely.