What is HARD Protocol (HARD) | What is HARD Protocol token | What is HARD token

What is the HARD Protocol?

source : TokenClan

HARD is the world’s first cross-chain money market that enables you to earn more with your digital assets. With HARD you will now be able to lend, borrow, and earn with assets like BTC, XRP, BNB, BUSD, KAVA, and USDX.

It is the first of what will be many applications that utilize the Kava blockchain’s security, price feed module, and cross-chain functionality to provide open and decentralized financial services to the world.

How does the HARD Protocol Work?

There are three major activities:

  1. Supply — You can safely supply your digital assets on HARD and earn interest.
  2. Borrow — You can use your digital assets as collateral to borrow others.
  3. Earn — Suppliers and borrowers earn HARD, the governance token of the application.

How the HARD Protocol is Built

HARD is an application built on Kava, as such, it leverages Kava’s existing validators for security, bridges for cross-chain asset transfer, and partners services such as Chainlink oracles for price-reference data.

Version 1 of the HARD Protocol ships with support for supply-side deposits and HARD incentives for BTC, XRP, BNB, BUSD, USDX. Version 2 ships with borrow functionality and borrow-side incentives for those assets plus expanded functionality of HARD governance on-chain.

Initial Assets — BTC, BNB, BUSD, USDX, XRP, and HARD.

As an application built on Kava, it will have access to any asset on the Kava blockchain. In the Kava-4 “Gateway” mainnet upgrade, the BEP3 Bridge will be expanded to support BTC, XRP, BUSD and others making these assets available for use in HARD money markets along with native Kava assets like KAVA, HARD and USDX.

Open Integrations

Built as an open and permissionless application, HARD is accessible by anyone, anytime, anywhere in the world. Exchanges, Fintech apps, and financial institutions can integrate HARD’s money market products and provide earning and borrowing opportunities directly to their users.

HARD Governance

As seen in all decentralized money market applications today, a governance token is necessary for proper decentralization and to ensure the ongoing evolution of the application. To compete in the current environment it’s also critical to have incentives to bootstrap liquidity and incentivize user participation.

The HARD token — decentralized governance and incentives.

The HARD token primary role is to give holders a voice in the platform. Collectively, HARD holders are responsible for managing key parameters of the protocol such as what assets are to be offered, how rewards are distributed amongst assets, as well as set any platform fees, etc.

HARD tokens will also be used to incentivize early participants giving them a voice in the ongoing evolution and management of the application.

KAVA Tokens and Compensation

In designing HARD, it was carefully evaluated if the KAVA token could be used to also govern the application. Three major items prevented this:

  1. HARD’s evolution needs to be driven by the participants that use it. We believe that a fair distribution to users is necessary for long term success. The users of HARD money markets may or may not be the same as those that hold KAVA today giving reason to not conflate the governance of the Kava blockchain with that of the application.
  2. Having supplier and borrower incentives is a must in today’s yield oriented DeFi market. If we used the KAVA token for incentives on HARD, we would need to inflate KAVA upwards of 50% supply. Given that not all KAVA holders would be participants on HARD, inflating KAVA would meaningfully dilute existing KAVA holders to a degree that is not acceptable.
  3. Lastly, the KAVA token needs to be preserved as a reserve asset responsible for recapitalizing the lending platform. Conflating its value in multiple use cases creates a cascade of problems and can potentially undermine its value as a reserve asset.

HARD Compensation for KAVA Stakers

HARD and any other applications that utilizes the Kava blockchain’s security should in theory compensate KAVA stakers directly for that security and cross-chain infrastructure. As such, we felt it was appropriate that HARD tokens should be distributed continuously, pro-rata, amongst KAVA stakers.

HARD Distribution

Image for post

A detailed release schedule can be found on this spreadsheet

There will be a max supply of 200M HARD tokens. The distribution of HARD tokens will be as follows:

40% — Incentives for Suppliers & Borrowers

25% — Treasury

20% — Kava Stakers

10% — Team

5% — IEO

Note: To achieve a fair distribution there will not be any seed or private sale of the HARD tokens.

Development Roadmap

  1. September 21st, 2020 — Testnet of HARD v1
  • Internal testing.
  • External audit.

2. October 15th, 2020 — HARD v1 ships along with Kava-4 “Gateway” upgrade

  • HARD distribution begins.
  • Supply-side deposits and HARD incentives for BTC, BNB, HARD, & USDX begin.

3. December 30th, 2020 — HARD v2

  • Expanded HARD governance.
  • Supply & borrow — BTC, XRP, BNB, BUSD, USDX and LINK.
  • Borrow-side incentives begin — BTC, BNB, BUSD, LINK, USDX & XRP.

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Would you like to earn HARD right now! ☞ CLICK HERE

How and Where to Buy HARD?

HARD 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 HARD

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, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

After the deposit is confirmed you may then purchase HARD from the exchange.

Exchange: Binance, WBF Exchange, Gate.io, MXC.COM, and Coinone

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 HARD 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

https://www.binance.com
https://www.bittrex.com
https://www.poloniex.com
https://www.bitfinex.com
https://www.huobi.com
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information HARD

☞ Website
☞ Explorer
☞ Social Channel
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #cryptocurrency #hard protocol #hard

What is GEEK

Buddha Community

What is HARD Protocol (HARD) | What is HARD Protocol token | What is HARD token

What is HARD Protocol (HARD) | What is HARD Protocol token | What is HARD token

What is the HARD Protocol?

source : TokenClan

HARD is the world’s first cross-chain money market that enables you to earn more with your digital assets. With HARD you will now be able to lend, borrow, and earn with assets like BTC, XRP, BNB, BUSD, KAVA, and USDX.

It is the first of what will be many applications that utilize the Kava blockchain’s security, price feed module, and cross-chain functionality to provide open and decentralized financial services to the world.

How does the HARD Protocol Work?

There are three major activities:

  1. Supply — You can safely supply your digital assets on HARD and earn interest.
  2. Borrow — You can use your digital assets as collateral to borrow others.
  3. Earn — Suppliers and borrowers earn HARD, the governance token of the application.

How the HARD Protocol is Built

HARD is an application built on Kava, as such, it leverages Kava’s existing validators for security, bridges for cross-chain asset transfer, and partners services such as Chainlink oracles for price-reference data.

Version 1 of the HARD Protocol ships with support for supply-side deposits and HARD incentives for BTC, XRP, BNB, BUSD, USDX. Version 2 ships with borrow functionality and borrow-side incentives for those assets plus expanded functionality of HARD governance on-chain.

Initial Assets — BTC, BNB, BUSD, USDX, XRP, and HARD.

As an application built on Kava, it will have access to any asset on the Kava blockchain. In the Kava-4 “Gateway” mainnet upgrade, the BEP3 Bridge will be expanded to support BTC, XRP, BUSD and others making these assets available for use in HARD money markets along with native Kava assets like KAVA, HARD and USDX.

Open Integrations

Built as an open and permissionless application, HARD is accessible by anyone, anytime, anywhere in the world. Exchanges, Fintech apps, and financial institutions can integrate HARD’s money market products and provide earning and borrowing opportunities directly to their users.

HARD Governance

As seen in all decentralized money market applications today, a governance token is necessary for proper decentralization and to ensure the ongoing evolution of the application. To compete in the current environment it’s also critical to have incentives to bootstrap liquidity and incentivize user participation.

The HARD token — decentralized governance and incentives.

The HARD token primary role is to give holders a voice in the platform. Collectively, HARD holders are responsible for managing key parameters of the protocol such as what assets are to be offered, how rewards are distributed amongst assets, as well as set any platform fees, etc.

HARD tokens will also be used to incentivize early participants giving them a voice in the ongoing evolution and management of the application.

KAVA Tokens and Compensation

In designing HARD, it was carefully evaluated if the KAVA token could be used to also govern the application. Three major items prevented this:

  1. HARD’s evolution needs to be driven by the participants that use it. We believe that a fair distribution to users is necessary for long term success. The users of HARD money markets may or may not be the same as those that hold KAVA today giving reason to not conflate the governance of the Kava blockchain with that of the application.
  2. Having supplier and borrower incentives is a must in today’s yield oriented DeFi market. If we used the KAVA token for incentives on HARD, we would need to inflate KAVA upwards of 50% supply. Given that not all KAVA holders would be participants on HARD, inflating KAVA would meaningfully dilute existing KAVA holders to a degree that is not acceptable.
  3. Lastly, the KAVA token needs to be preserved as a reserve asset responsible for recapitalizing the lending platform. Conflating its value in multiple use cases creates a cascade of problems and can potentially undermine its value as a reserve asset.

HARD Compensation for KAVA Stakers

HARD and any other applications that utilizes the Kava blockchain’s security should in theory compensate KAVA stakers directly for that security and cross-chain infrastructure. As such, we felt it was appropriate that HARD tokens should be distributed continuously, pro-rata, amongst KAVA stakers.

HARD Distribution

Image for post

A detailed release schedule can be found on this spreadsheet

There will be a max supply of 200M HARD tokens. The distribution of HARD tokens will be as follows:

40% — Incentives for Suppliers & Borrowers

25% — Treasury

20% — Kava Stakers

10% — Team

5% — IEO

Note: To achieve a fair distribution there will not be any seed or private sale of the HARD tokens.

Development Roadmap

  1. September 21st, 2020 — Testnet of HARD v1
  • Internal testing.
  • External audit.

2. October 15th, 2020 — HARD v1 ships along with Kava-4 “Gateway” upgrade

  • HARD distribution begins.
  • Supply-side deposits and HARD incentives for BTC, BNB, HARD, & USDX begin.

3. December 30th, 2020 — HARD v2

  • Expanded HARD governance.
  • Supply & borrow — BTC, XRP, BNB, BUSD, USDX and LINK.
  • Borrow-side incentives begin — BTC, BNB, BUSD, LINK, USDX & XRP.

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Would you like to earn HARD right now! ☞ CLICK HERE

How and Where to Buy HARD?

HARD 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 HARD

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, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

After the deposit is confirmed you may then purchase HARD from the exchange.

Exchange: Binance, WBF Exchange, Gate.io, MXC.COM, and Coinone

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 HARD 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

https://www.binance.com
https://www.bittrex.com
https://www.poloniex.com
https://www.bitfinex.com
https://www.huobi.com
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information HARD

☞ Website
☞ Explorer
☞ Social Channel
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #cryptocurrency #hard protocol #hard

aaron silva

aaron silva

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SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

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SafeMoon Clone | SafeMoon Token Clone | SafeMoon Token Clone Development

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How to Buy FEG Token - The EASIEST Method 2021. JUST IN A FEW MINUTES!!!

How to Buy FEG Token - The EASIEST Method 2021
In today’s video, I will be showing you guys how to buy the FEG token/coin using Trust Wallet and Pancakeswap. This will work for both iOS and Android devices!
📺 The video in this post was made by More LimSanity
The origin of the article: https://www.youtube.com/watch?v=LAVwpiEN6bg
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
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Welcome back to Daily Defi, today we kick things off with Defi Pulse & Juicy NFTs. Then move into an article comparing Shiba Inu to Doge (didn’t want to talk about this) and an additional article on Shanghai man’t thoughts on the after effects of El Salvador adopting bitcoin as legal tender. Lastly we review three altcoins outperforming the whole market: Enzyme, cVault Finance & Hard Protocol. Long DeFi, short the bankers.
📺 The video in this post was made by Invest Global
The origin of the article: https://www.youtube.com/watch?v=Jp7kpPBucXY
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #crypto news #shib #hard protocol #daily defi #147: cvault, enzyme, hard protocol, el salvador's financial future & shib (crypto news)