Overview
In today's world, our financial system and all of its components are controlled from a single location. Banks, stock exchanges, insurance firms, and other financial organizations all have fees associated with them, regardless of who owns and operates them. Mismanagement, fraud, and corruption are all possibilities in the CEFI. Decentralization of the entire financial system is possible, so why can't we do the same with bitcoin? DeFi is exactly what it says it is.
A financial service that does not have a central authority or charge is known as a DeFi. We can construct exchanges, credit services, insurance businesses, and other entities that aren't owned or controlled by anybody by using decentralized funds like certain cryptocurrencies that can be programmed for automated activities.
Decentralized Finance (DeFi) is seeing a surge in the technological sector, and investors have recognized that cryptocurrencies in general are opening up new possibilities in the whole financial industry. Investors are pursuing low-risk, high-yield returns. Even in a climate where cryptocurrency users can lock or stake their tokens and obtain high-interest rates that most people thought were impossible, DeFi is showing preference to become the simplest, most widely accepted method of making your money work for you.
It's a new asset class: HOTFRIESCOIN.
Stable PROGRESSIVE Coin is a brand-new concept they're introducing. In the case of platforms like safemoon and specific crypto exchanges, fees of more than 10% are common. This is a fair and transparent method that will provide tremendous riches for its holder. The financial world as we know it will be transformed by this revolutionary concept. "Stable Progressive Currencies" are currencies whose value rises steadily over time and never decreases. That's what HOTFRIESCOIN is, after all. They employ an Elastic Infinite Supply protocol and a fee-based method to make it achievable. At Hotfriescoin, there is no initial supply, unlike every other cryptocurrency on the market.
No coins are produced (made) out of thin air at Hotfriescoin. When stablecoin (BUSD) is used to purchase a coin, the coin is "minted" (produced), and the coin is "burnt" (destroyed) when it is exchanged for another stablecoin (BUSD). Every time there is a mint or sell transaction, 10% is applied and given to all holders of HOTFRIESCOINS. Stablecoins may only be used to buy Hotfriescoin, which ensures a consistent price (BUSD). We were able to produce the world's first stable progressive coin because to this core tokenomics principle.
It is HOTFRIESCOIN'S GOAL.
Hotfriescoin is on a mission to give people from all walks of life the opportunity to build their money substantially and open up financial opportunities for them. Innovative protocols that allow users to earn interest by just purchasing and storing assets can be extremely beneficial to the general public. Every time a transaction is made on the network, the fees are automatically paid to the coin holders. New BSC DEX Hotfriescoin is based fully on stablecoin and will be available on most major networks soon.
THE GOAL OF HOTFRIESCOIN
Stable progressive coins are the new hottest thing in crypto, not only because they have the price stability of stablecoins but also because they continuously increase in value as transactions buy or sell happen and never decrease in value to make that possible we use an elastic infinite supply protocol and fees-based system. Coins are minted when they are purchased with stablecoin or busd and destroyed when they are sold for exchange of stablecoin or busd each time a mint or cell transaction occurs a 10 is applied and distributed to all hot freeze coin holders.
Features/Benefits of HOTFRIESCOIN
Web3's primary currency
The liquidity of pancakeswap is unnecessary.
the cost of a product never decreases in price
There's no chance of a rug pull
TOKENOMIC
In fact, they went above and beyond to make DEFI as user-friendly as possible.
There are many financial services that are available in the real world, such as loan, yield investing and derivatives in the crypto world that were invented by DEFI.
Unfortunately, non-crypto experts cannot use DEFI at this time.
That problem is addressed by our Tokenomics and a slew of other ground-breaking protocols.
It's as simple as buying and holding at Hotfriescoin to begin earning interest.
As transactions occur in the network, the fees paid are distributed to the holders. It's as easy as that. Strictly based on stablecoin, Hotfriescoin is a new BSC DEX.
The Hotfriescoin does not have an initial supply like most cryptocurrencies that have an initial supply (limited or infinite). As long as there is any demand for hotfriescoin, it will be minting or burning in accordance with the right fees whenever someone buys or sells it using (BUSD OR ANY STABLECOIN AVAILABLE ON THE BSC).
A HOTFRIESCOIN WILL BE VALUED AT 1 HFC = 1BUSD AT THE OUTSET.
A TEN PERCENTAGE FEE IS CHARGED ON EVERY BUY OR SELL TRANSACTION.
We'll split the fees in this way:
Each owner gets a slice of the pie.
The hotfriescoin treasury gets a 2% cut.
For every holder, the 10% transaction fees will yield an annual APR of up to 584 percent, beating the ROI on investment in the eery defi protocol thus far.
More Information
Website: https://www.hotfriescoin.com
Telegram: https://t.me/hotfriescoin
Twitter: https://twitter.com/hotfriescoin
Facebook: https://www.facebook.com/hotfriescoin
Instagram: https://www.instagram.com/hotfriescoin
Discord: https://discord.com/invite/SatrGDwZ3g
Github: https://github.com/wilkont/Hotfriescoin
Author
Forum Username: Roland0Guita
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3402230
WALLET ADDRESS: 0x37aF53958890c3A548Ab75CCC350c16A0fF5DCfB