💰HODL Token Club Treasury
Expect the unexpected!
Last updated
Expect the unexpected!
Last updated
75% of $EGLD collected during NFT mint phase will form the HODL Token Club Treasury which will be owned by the $HODL Token hodlers. As minting progresses, more $EGLD is accumulated. $EGLD from the treasury will be converted into Liquidity Pool (LP) tokens or $XMEX on xExchange to generate yield for HF-NFT owners. The more $EGLD is converted to LP or $XMEX, the higher the value of the treasury, thus the higher the $HODL token valuation.
The total amount of $EGLD we anticipate to raise for the treasury from minting is 4125 $EGLD (= 75%). With that info in mind and knowing the maximum $HODL supply and price of $EGLD, we can easily estimate the price of 1 $HODL token share at the point when we are sold out.
$HODL Price= $EGLD Raised x $EGLD Price / Max. $HODL Supply
Let’s assume we sold out the entire GH-NFT collection. We raised 4125 $EGLD and $EGLD price is at ATH around $550.
$HODL Price= 4125 x 550 / 1111 $HODL = $2,042.08
That would give us a price of 1 $HODL share to be worth: 2,042.08 $
Allocation at sold out - 4125 $EGLD:
2,000 $EGLD --> EGLD/XMEX LP - this position will enable us to farm $XMEX and benefit from its energy by capturing yield from the Fees Pool, Metabonding and better launchpad tickets eligibility. 50% of $XMEX farmed within this LP will benefit HF-NFT owners. $XMEX will be regularly energised for maximum benefit.
750 $EGLD --> xExchange ESDT LPs - via voting process we will diversify our portfolio on xExchange to add liquidity to assets like $RIDE, $UTK, $ZPAY, $ASH and others to benefit from $XMEX and Metastaking. 50% XMEX yield will benefit HF-NFT owners.
500 $EGLD --> HODL/EGLD & REWARD/HODL LP - to ensure a smooth trading experience and reduce slippage we will use this allocation to add liquidity to our assets over time on OneDex
750 $EGLD --> Liquid Staking - to even more diversify and leverage liquid staking features we will be participating in a lending program with our $EGLD staked position on the Hatom Protocol platform
125 $EGLD remaining --> will be held in our treasury to cover fees, payments, marketing costs, donations & dev services. This will also form our reserves for other unaccounted spendings.
Yield Generating
Each LP token in our treasury will be eligible for farming. Currently we farm $XMEX on xExchange, but in the future we will seek other yield opportunities. 50% of yield generated on xExchange will benefit HF-NFT owners, the other 50% will go into our treasury contributing to our net worth valuation and benefiting $HODL token owners.
erd15wmqqvxf3yp6dztvyhxj4g297uaae0q3wgy58ld4js2pn9f6k3pqnwupt3
This ERD owns GH-NFT collection minting Smart Contract as well as $REWARD and $HODL tokens, it has mint/burn roles assigned to manage $REWARD total supply.
erd158k2c3aserjmwnyxzpln24xukl2fsvlk9x46xae4dxl5xds79g6sdz37qn
HODL Token Club Wallet - this is the main wallet for the Club. 75% EGLD from Galactic Hodler wallet is ending up here. We use this wallet for farming and generate yield to benefit hodlers. Most of our net worth resides here, unless it is in a staking farm. This ERD also owns HF-NFT Staking Smart Contract.
erd1qqqqqqqqqqqqqpgqpvlxt3n9ks66kuq4j8cvcv25k8a5rsx99g6suw5r66
HF-NFT staking smart contract.
