Exchange Hoge Finance (HOGE)

Hoge, formerly known as Hoge.Finance and Hogecoin, describes itself as a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply. The coin was fair-launched on February 7, 2021, by anonymous developers without any tokens allocated to the project team. 

It was first launched as a kind of parody of Dogecoin and was calling itself a deflationary DOGE but DeFi. However, the team soon set larger ambitions for the project, rolling out a more philanthropic and utilitarian roadmap. The goal of the project is to leverage the capabilities of Ethereum’s DeFi structure by introducing its benefits to a broader public in a fun and easily approachable way. The project focuses on rewarding content creators, promoting incentive benevolence, educating newcomers to the crypto industry, and supporting animal shelters. 

HOGE was one of the first meme-tokens to complete an audit by CertiK, which proved the absence of any critical, major, or medium issues in the protocol. The skynet security score of the project is 90. 

The initial project team abandoned the project, leaving smart contracts and socials to the community that entered to support the project in March 2021, establishing a new project team and corporate structure, which enabled community members to take initiatives and structure themselves. 

The HOGE Decentralised Platform operates using a network of nodes. These nodes work together to form a distributed database that stores all the information about transactions carried out on the platform. This makes the platform transparent and secure, as there is no central authority controlling it. Additionally, the use of smart contracts enables trustless transactions between parties, removing the need for third-party intermediaries.

Hoge also started minting NFTs for its holders and also sponsoring eSports and Rally Racing Trucks. In May 2021 Hoge implemented a non-profit partnership initiative, including a Twitter campaign called #HogeSavesTheAnimals. It allowed people to nominate charitable cases that get a chance to get HOGE support. The project managed to raise over $20000 for the animals. 

Later in 2021, the Hoge project focused on the HogeGameLabs to explore dApp games development. In August 2021, Hoge Inc was founded to continue the support of the Hoge DeFi project. It got registration in the US as a blockchain programming company that was needed to move forward with the market making, cross-chain integration, websites, solidity contracts, gaming and etc. The project team also works on creating the DAO to represent the interests of the platform users and let the community take control of the project. 

The other HOGE projects include HOGE University, Hoge Swap, and the Hoge Aerospace Institute. One of the significant parts of the ecosystem is HOGE.mint developed by the HOGE community. It works with the Web3 decentralized application wallets to create and hold digital collectibles. Francesco Bonami, an Italian curator, critic, and artist, minted his first-ever NFTs on the Hoge platform and also became the first person ever to try Hoge’s minting capabilities. 

The project received a lot of attention from the crypto community thanks to the articles about the project across Medium and Youtube. 

HOGE is the native token for the HOGE project. It has an initial supply of 1 trillion tokens with half of it burnt on the day of launch. The circulating supply of the HOGE token is 402 billion tokens (as of January 2023). 

Average Fees on the Hoge Network

2% tax is charged for every transaction on every HOGE transaction. 1% of the tax is sent to the burnt wallet and permanently removed from the supply. The remaining 1% is redistributed to all the wallets that hold HOGE outside of the exchanges. 

On the Binance Smart Chain users can transact Wrapped HOGE tokens for much lower fees — though in this case, they can’t receive autostaking rewards. They can receive them by moving BSC HOGE through a bridge over to ERC-20. 

HOGE Token Wallets 

The HOGE token is supported by most of the common and popular crypto wallets and exchanges, including MetaMask, Coinbase, Binance, PTP Wallet, ACCWallet, XDeFi Wallet, etc.