What We Have Done About HOGT.COM

HOGT
3 min readJun 17, 2021

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A good example needs to be continuously recreated and what we are doing is to make it more miracle-like.

May 16, 2021, it’s been a month since the official launch of HOGT.COM on Heco Chain and HOGT.COM has completed remarkable achievements. Recent official data shows that the number of effective miners on the aggregation revenue platform of HOGT.COM has exceeded 40,632; Alliance & Node election list activities were in full force. The second phase of Alliance& Node election list included 32, 316 voting addresses within 60 minutes, and 78,580 USDT was awarded. HOGT-DEX is about to go online and has passed the Certik code audit in the United States; CEFI-independently developed by HOGT.COM which has entered the research and development process and will be launched within the expected time.

Here are some actions that we have done to satisfy your needs:

1) Related Experience Optimization

Optimize and adjust output, simplify user invitation, optimize transaction process, and improve user experience. The development of the English version of HOGT.COM has been completed and is currently in private beta. Once launched, the DeFi ecosystem service will be available in 172 countries and regions around the world.

2) DAO Alliance and Node Voting

Published by DAO community and it gives every HOGT user the voting rights to participate in the campaign list for the alliance and nodes that involved in the ecological construction of HOGT.COM.

3) DAO Alliance Ranking Award, Node Ranking Award, User Voting Award

Published by DAO community, members of the TOP10 Alliance and TOP40 nodes who vote will receive HOGT incentive distribution and HOGT.COM ecological construction bonus, and users who participate in voting will get an annual reward up to 2628%.

4) Repurchase & Destruction Mechanism

HOGT.COM initiates Repurchase & Destruction mechanism. Thus, 70% of the revenue of the HOGT aggregation pool will be given to miners, and 30% of the revenue will be used to buy back and destroy HOGT, in order to stimulate the steady appreciation of the price of HOGT coins, so that every user who holds HOGT tokens can share the platform dividend.

5) OGT/HOGT, OGT/HOGT-LP Mining

HOGT.COM added OGT/HOGT and OGT/HOGT-LP mine pools to help new assets open LP mining and single currency mining, obtain higher returns and activate market development.

6) Related Mining Production Reduction and Adjustment

Each reduction must be voted on by the DAO community based on HOGT.COM’s ecological development and dynamic balance to effectively increase the expected mining value.

7) Aggregator Related Strategy Adjustment and Revenue Increase

In order to match high-yield liquidity mining capital pool for users that make the operation more convenient and the liquidity of users’ funds more efficient and freer. After the upgrade, the yield of each pool will be increased by 20%-60%.

8) HDEX Related Development and Testing, Code Audit

HDEX has added debugging support for DEX development. Currently, HOGT-DEX Eco has passed the Certik code audit, and we will continue to track the results of code modifications.

The technical focus of HOGT.COM will be in product improvement, community governance, overseas market development, the launch of front-line trading platform and other aspects, we wait and see.

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HOGT
HOGT

Written by HOGT

HOGT is DeFi online service platform that based on HECO eco-blockchain. A leading one-stop solution platform for DeFi.

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