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Hobbit.Finance
  • Hobbit Finance
  • Features
  • Launch
  • Tokenomics
    • HOBBIT Token
    • Farms & Pools
    • Contract
  • Road map
  • Security
  • Audit
  • Others
    • Buy & Farm HOBBIT
    • Social
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Features

PreviousHobbit FinanceNextLaunch

Last updated 4 years ago

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Burning Mechanism

We have implemented a perpetual burning mechanism that serves as a mechanism to ensure that HOBBIT is kept consistently high (inherited from Goose Finance). In particular:

  • A 5% burn fee will be charged at staking;

  • 80% of the burn fee will be used to buyback HOBBIT and burn it;

  • 10% will be sent to the developer’s address;

  • 10% will be held in escrow for Hobbit Finance, for future projects;

Betting Mechanism

We aim to implement a betting system for sport and e-sport field. We will launch some bets based on popular betting websites.

  • Everyone can attend by HOBBIT Token.

  • A Winner will take 85% prize, 15% for burning token;

Security

  • Timelock added to the contract at launch.

  • Removed migrator code (inherited from Pancake swap).