In this article, we’ll discuss information about the Hepa Finance project and HEPA token
Hello farmers today we’re thrilled to announce the initial launch of
Our governance token **HEPA **and our first DeFi product Hepa.Finance
all launching right now on Binance Smart Chain
The HEPA (HEPA) token
The core foundation of the Hepa Finance is the HEPA (ticker: HEPA) token.
It is aimed to be fairly and widely distributed, with focus on rewarding early and active supporters of the protocol.
The HEPA token has a hard cap of 500,000,000 tokens and features an extensive lockup model where 95% of earned tokens will be released at a later stage in the future and 5% will be available directly.
The HEPA token will be configured to lock 95% of all newly minted supply during the yield farming stage until 00:00:00 UTC March 25th, 2022.
When 00:00:00 UTC March 25th 2022 has been reached the locked supply will slowly start to unlock on a block-per-block basis until 00:00:00 UTC March 25th, 2023.
By the end of 2022 roughly 290.87 million HEPA tokens are expected to have been minted. At the end of 2023 the supply is expected to reach 460.70 million HEPA and the final 500 million cap is expected to be reached at the beginning of March 2024. From start to finish it’ll take roughly 3 years in total to reach the cap.
95% locked / 5% unlocked setup
Note that ALL of the fees are also locked using the exact same emission schedule as previously discussed — the treasuries will be locked until
00:00:00 UTC March 25th, 2022 and it will then take a full year
(until **00:00:00 UTC March 25th, 2023) **to fully unlock them.
Due to the treasuries following the exact same locked emission schedule as regular users we’ve decided to pre-mint a total of 10,000,000 HEPA, or 2% of the expected final hard cap.
The **10,000,000 HEPA **tokens will be distributed as follows:
Besides these 10,000,000 HEPA there are no intentions to further mint tokens outside the scope of our yield farming contracts/token emission schedule.
Here’s a short breakdown of the first month’s bonus multipliers:
The reason we can go crazy with these multipliers is because of the 95% locked / 5% unlocked token supply locking system.
Hepa Finance will launch with two pools that will reward yield farmers with HEPA:
For withdrawals we’re using a slightly more complex system:
The founding team will commit ~$10k worth of BNB to the HEPA/BNB pool to allow for users to easily swap to HEPA in order to enter the HEPA/BNB liquidity farm.
The HEPA/BNB pool on Hepa Finance will initially be seeded with a price of $0.005 per HEPA.
ApeSwap router will be used for all transactions.
HEPA token is now live on the Binance mainnet. The token address for HEPA is 0x9159f30f1c3f0317b0a2d6bc176f29266be790ee. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.
Just be sure you have enough BNB in your wallet to cover the transaction fees.
Join To Get BNB (Binance Coin)! ☞ CLICK HERE
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
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, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
You need a wallet address to Connect to Pancakeswap Decentralized Exchange, we use Metamask wallet
If you don’t have a Metamask wallet, read this article and follow the steps
Transfer $BNB to your new Metamask wallet from your existing wallet
Connect Metamask Wallet to Pancakeswap Decentralized Exchange and Buy, Swap HEPA token
The top exchange for trading in HEPA token is currently Pancakeswap v2
Find more information HEPA
🔺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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