Exchange Hoge Finance

What is Hoge Finance (HOGE)?

Hoge Finance (HOGE) is a deflationary DeFi meme token that combines yield farming and smart tokenomics to reward holders and reduce supply over time. Launched in February 2021 by an anonymous development team, the project gained traction for its unique blend of humor, functionality, and community-focused decentralization.

Hoge Finance project milestones

• February 2021 – Token launch and deflationary mechanism implementation: Hoge Finance was launched with a 1% burn and 1% redistribution on every transaction.
• March 2021 – Listing on Uniswap and first centralized exchange: HOGE gained liquidity and accessibility through Uniswap and smaller centralized platforms.
• April 2021 – Certik audit completed: The project passed a Certik audit, reinforcing security and community confidence.
• August 2021 – Launch of the Hoge NFT platform: Hoge introduced its NFT initiative to expand the project’s utility and creative reach.
• 2022–2023 – Community DAO formation and project funding initiatives: The HOGE community launched several funding efforts to support developer projects and marketing campaigns.

Stay updated with the latest Hoge Finance (HOGE) news, as any update may significantly affect the HOGE price. The project remains a popular subject in DeFi circles, and the Hoge Finance (HOGE) swap continues to draw attention as community involvement grows.

Tokenomics of HOGE

HOGE is an ERC-20 token built on the Ethereum blockchain, with a primary purpose of fostering decentralized finance experimentation through meme-driven incentives. As a deflationary token, HOGE automatically burns a portion of tokens with every transaction, reducing total supply and encouraging long-term holding.

The token is designed for both holding and transactional use. Every HOGE transaction incurs a 2% fee, of which 1% is burned and 1% redistributed to holders. This creates passive income potential for holders and incentivizes long-term support of the ecosystem. HOGE is a standard ERC-20 token operating on the Ethereum network. The total supply was originally 1 trillion tokens, but over half have already been burned, reducing circulation.

As trading continues on every major Hoge Finance (HOGE) exchange, users can take advantage of low exchange rate volatility and rising community engagement.

Key features of Hoge Finance (HOGE)

What makes Hoge Finance stand out is its blend of meme appeal with meaningful DeFi mechanics. Unlike many meme tokens, HOGE brings technical features that deliver actual value to users.

• Deflationary supply model: A portion of tokens is burned on every transaction, which gradually reduces supply and supports scarcity-driven value.
• Automatic holder rewards: With every transaction, 1% of the transferred amount is redistributed to all holders, encouraging long-term investment.
• Community-led governance: Hoge Finance is heavily community-driven, with the DAO playing a major role in development decisions and funding initiatives.
• Certik-audited contract: A completed security audit adds credibility and minimizes smart contract risk for investors and users.

These features create a self-sustaining ecosystem where users benefit from both holding and using the token. The reward mechanism and burn system also add unique dynamics not often seen in meme tokens.

Use cases for Hoge Finance (HOGE):

• Peer-to-peer payments: HOGE can be used for fast, decentralized transfers between wallets.
• Yield farming and staking programs: Community-driven DeFi projects utilize HOGE in staking platforms.
• NFT creation and purchases: The Hoge NFT platform allows artists and collectors to engage with digital assets using HOGE.
• Governance participation: Holders vote on development proposals and budget allocations within the community DAO.

The average fees on the Hoge Finance Network

Transaction fees for the Hoge Finance Network average between $0.50 and $2.00 USD, depending on Ethereum network congestion. These fees include the standard Ethereum gas cost and the built-in 2% deflationary transaction fee. Users should factor these into their trading on any Hoge Finance (HOGE) exchange.

The HOGE token wallets

Here are some of the most popular wallets that support HOGE tokens:

• MetaMask: An Ethereum-based wallet extension that supports HOGE and connects easily to DeFi platforms.
• Trust Wallet: A mobile wallet known for its simplicity and support for ERC-20 tokens like HOGE.
• Ledger Nano S/X: A hardware wallet offering top-level security for holding HOGE offline.
• Coinomi Wallet: A multi-asset wallet with native support for HOGE and other Ethereum-based tokens.
• MyEtherWallet (MEW): A user-friendly Ethereum wallet allowing secure storage and management of HOGE tokens.

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