HOBBIT Token

Token Details:

• Ticker: HOBBIT

• Token address: 0x77E246073cCd33939be0255249FaBb90D87Ef066

• Chain: Binance Smart Chain (BEP-20)

• Supply: Unlimited

Emission Rate:

• 0.2 Hobbit/block (first two hours);

• 0.1 Hobbit/block (next six hours);

• 0.01 Hobbit/block (next 160 hours);

• After 168 hours the emission rate will depend on the Total Value Lock.

• maximum: 0.4 Hobbit/block

• minimum : 0.01 Hobbit/block

Deflationary Mechanics:

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

Burn:

• 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;

• Hobbit Betting (coming soon) will be a fun and unique way to introduce an additional burning mechanism & provide more profit for staking holders.