Hornet Swap Presale

Token presale for a DEX with a trader shares marketplace on Arbitrum.

No contracts available at time of review.

DETAILS

• Presale Details
  • Presale will be held on the Hornet Swap dApp and will last for 24 hours, or until sold out
  • Presale rate: 1 HRT/ETH
    • Presale vesting: 100% at token launch
  • Whitelist rate: 1.3 HRT/ETH
  • Listing rate: unknown
  • Minimum buy: $100 worth in ETH
  • Maximum buy: $1K worth in ETH
  • Presale allocation: 75,000 HRT
  • Unsold tokens will be burnt
  • Initial circulating market cap: unknown
  • Initial liquidity: 75% of presale funds
  • Taxes: 0%
  • Token is scheduled to be listed on Uniswap, 24 hours after presale ends

• Mechanics & Features
  • Hornet Swap is a spot and perpetual DEX + a trader shares marketplace
  • Users can short or long a token or a trader’s value within the DEX, provide liquidity
  • Liquidity Providers will receive $HLP token (index of assets), which can be staked to earn a share of platform fees
  • Traders will be able to tokenize their shares
  • Users can purchase trader’s shares and shareholders will earn a part of a traders’ profit and loss (PnL) as defined by the trader
  • Value of these tokens is tied to the performance of the trader
  • Traders have the option to adjust the percentage earnings that shares holders will receive, subject to fee
  • Traders and traders shareholders will receive a share of the fees earned from trades; opening and closing long/short
  • Users will also be able to bet on the monthly / weekly / daily performance of the trader
  • User’s bet will be placed into a shared pool that will be re-distributed as rewards
  • 70% of the shared pool is re-distributed to HLP rewards, 10% to the protocol and 30% to VeHornet rewards
  • $HRT is the native rewards token
  • $veHORNET is an illiquid and non-transferable token

• Tokenomics
  • Token symbol: HRT
  • Total supply: 450,000 
    • 75,000 — Presale (unlocked)
    • 125,000 — Liquidity
    • 95,000 — Reward for traders
    • 75,000 — Vault & farm staking
    • 55,000 — VC, advisors, partnerships
    • 25,000 — Team
  • No taxes