What is Hodlearn (HODL) | What is Hodlearn token | What is HODL token
About hodlearn
Hodl is a Reflect ecosystem on the Binance Smart Chain. Hodl works by applying a 3% fee to each transaction and instantly splitting that fee among all holders of the token. Hodl’s smart contract allows you to earn extra tokens by simply holding, without any token inflation.
The circulating supply is not available and a max. supply of 100,000,000 HODL coins.
What makes HODL unique?
HODL is the first ever community owned, developer and team wallet-free token on the BSC space. The token has a strong and vibrant community on Telegram, and the team of volunteers are working tirelessly every day to expand the project. The developer’s previous project on the Ethereum Network grew to into a large success, Furthermore, HODL has locked liquidity for 6 months so there is no chance of a rugpull. Join us and be a part of the revolution!
Why BSC Binance Smart Chain) is revolutionary
By now, we are all well aware that the Ethereum network has been charging ludicrous gas fees due to its overheating. Too many transactions on the network has caused the network fail on its trusted investors, due to being too inefficient. This is where the Binance Smart Chain comes in to take over. Transaction fees are around $2 compared to Ethereum’s $100. All transactions are executed smoothly, and efficient trading is possible for all investors on this revolutionary network.
Why we haven’t implementing a farming system yet
While the idea of large APY from token and LP locking and farming are tempting to buyers, we believe the HODL protocol offers a more hands off approach. The problem with farming ranges from impermanent loss, additional LP swaps and another layer of tracking overall. The redistribution mechanic of the token simply allows you to buy and forget, get on with your life and HODL!
Our aim with HODL is to tie the ease of use of buying a token with the upside of yield farming returns.
Having said this, the developer has a vision to expand as the community grows. We believe that our simple mechanism and strong, trusted community of individuals can get us far, but as the community grows even larger, we are planning to strike a partnership with AMM’s. This will allow HODL owners to stake their tokens, and earn on top of the 3% fees!
What is the total supply?
There are a total of 100 Million HODL tokens. There will never be any more minted or any more in circulation.
Was there a pre sale?
We raised a total of 135 BNB, where 1 BNB 444.444. The max anyone could contribute was 5 BNB.
Token Distribution
The HODL token distribution starts with a presale, unlike any other RFI fork therefore no one can abuse HODL tokens at low liqudity, and is the first RFI fork to exist on the Binance Smart Chain.
0% of the tokens will be kept by the team or for advisors - ensuring an entirely fair distribution and market.
Retail Investor Friendly
Recent pump of GME reminded us one thing, you can’t ignore retail investors.
Hodl is on pancake.swap, where you don’t have to pay $200 just for the gas.
Funds are SAFU
On Hodl, you don’t need to send your tokens to unaudited staking contracts to receive your rewards.
All you have to do is hold your tokens in your personal wallet. Hodl smart contracts reward you with every single transaction and it’s gas-free.
Why we are so bullish on hodl?
Hodl is a fully decentralized Reflect ecosystem on the Binance Smart Chain. The idea behind Reflect is cool, It’s yield farming made simple but with the current ETH gas fees, it’s doomed to fail. We implement the same idea on a cheaper network and increase the Tax on transactions so bots won’t front-run you plus greater the ROI.
While with traditional yield farming you have to send your money to the unaudited pools and trust them, For HODL holders, their wallet is the pool.
All you have to do is hold your tokens in your personal wallet and smart contracts reward you with every single transaction. It’s gas-free & autonomous. You can’t be exposed to unintentional/intentional developer mistakes (eg: Smart Contract Risk).
For an entirely fair distribution and initial liquidity we have distributed the Whole Supply like this;
60M Presale
40M PancakeSwap.
To avoid “team is dumping”, “rug soon” conversation. We have locked the liquidity for 6 months and 0% of the tokens are being kept by the team or for the advisors.
We expect large amounts of money to flow into BEP20 tokens. Pumps can be tempting but HODL your tokens :)
How and Where to Buy Hodlearn (HODL)?
HODL has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy HODL
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence.
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since HODL is an altcoin we need to transfer our coins to an exchange that HODL can be traded. Below is a list of exchanges that offers to trade HODL in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase HODL from the exchange.
Exchange: PancakeSwap
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once HODL gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC ☞ ProBIT ☞ Gate.io ☞ Coinbase
Find more information HODL
☞ Website ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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