Hamster Finance; The Next Tokenomic Meme Project Taking Crypto By Storm.
The greatest threat to the meme planet is Hamster Finance. Buy and hold a particular number of hamster tokens (HAM) from top exchanges and earn passive rewards… and watch your future unfold?
That’s the hook behind Hamster Finance, the hottest meme project on the market right now. If you are new to the crypto-meme world, you may be wondering what Hamster Finance is, or where you can buy Hamster tokens from.
Keep reading to learn more about Hamster Finance, and the roadmap behind this meme community-driven project.
So, what is Hamster Finance?
Hamster Finance is a decentralized finance (DeFi) meme protocol which was created on BSC Network. The specific feature that distinguishes it from other meme tokens in the market is that it is more powerful and secure.
According to the Hamster Finance website, Hamster token has three functions that take place during each trade: Reflection, LP Acquisition and Burn.
With Hamster Finance protocol, token holders will earn more Hamster tokens (HAM) depending on how many coins they have. As well, the white paper notes that their “reflect mechanism” adds incentive for Hamster tokens holders to keep their tokens for longer, or HODL.
This can be up to an 80% APY, which is staggering when compared to traditional interest accounts. Hamster Finance protocol will gain value over time thanks to its coin-burning strategy, making it a deflationary digital currency.
Roadmap Vision Summary
Hamster Finance protocol has an ambitious roadmap thanks to its growing popularity. They wish to be listed on the leading exchanges, launch a decentralized exchange (DEX), and increase their partnerships by the end of 2021.
The team behind Hamster Finance wants to give Hamster token (HAM) holders and project followers a clear overview of each component from their roadmap and the benefits it will provide to the community.
● Share the Wealth
Time to give back to you and the world. The community is able to vote on whether we should drop exclusive personalized merchandise. Holders of Hamster tokens with specific amounts will get, regardless of the decision of the community, personalized merchandise for free.
● Token Circulation
With a total supply of 10,000,000,000,000,000 Hamster Tokens are unlocked within certain periods of time.
The Hamster Finance protocol, according to the white paper, works in the following way: in each trade, the transaction is taxed with a fee of 12%, which is cut in 3 equal halves.
While 4% of the fee is redistributed to all the token holders at the time, 4% is used to fuel the liquidity pool exchange growth, and the other 4% is allocated to the Buy back / Marketing wallet.
With 38% burned for Jack (CEO Twitter), and the remaining 50% automatically paired with the aforementioned BNB and added to PancakeSwap as a liquidity pair.
50% of supply for PancakeSwap sales has no main owner. All decisions have been taken solely in favor of the Hamster community.
From here on, we will develop future roadmaps with the community! The Hamster Coin strives to be useful for community and society forever.
Everything we do is based around community. Our goal is to build the best meme community from across the world in a self-sustaining ecosystem that grows along with the growth of every individual in the community.
● Long-term Reward
Hamster Finance has built a project that is both healthy and robust, with a long-term rewards scheme. It can grow and reward like no other meme project on the internet, thanks to the power of blockchain.
It should be noted that Hamster Finance is an online meme-DeFi project, which means that for it to stay relevant, it has to constantly evolve.
Unlike other meme projects, Hamster Finance will be adding new features and benefits at a faster pace, which may be an advantageous situation for the players who invest their time & finance in this project early.