HecoSwap is not just another inflationary token. More than that to bring real value to the industry. It's a community-backed decentralized exchange for Hecochain assets but with the perfect smell of freshly baked bread. Native token HCO max supply is 5M, designed for a winning economy.
We at HecoSwap are working to make your DeFi investment more simple, secure, and cost-effective. We have seen a lot of people don't like the impermanent loss while providing LPs and many others don't understand the theme clearly. Therefore they get scared to yield assets and living in the loser's site of DeFi economy. However, we at HecoSwap, bringing single asset farming. Users farm with single assets like $HCO, HT, MDX, and other supported tokens and earn rewards in $HCO & $HT.
Maximizing Yield
We regularly ping different farms and make sure users' funds are deposited in the maximum ROI vault between Beefy, MDEX, CoinWind and other Heco chain-supported farms. With that said, by farming on HecoSwap, users will earn extra HCO as well which will maximize their APY significantly. We also support auto compound investment, so they can enjoy a single tap deposit and earn a reward without any hassle. No minimum time locker, users can unstake at any time they want. There will be a 0.1% deposit fee for all vaults and no other hidden fees.
In a week we are going live with six supported vault HCO, HUSD, WHT, MDX, COW and BIFI. So, we will be adding more asset options.
Token Burn Process
Fee earned from the platform will either used to burn or re-distributed to stakers and holders. A decision will be made by governance voting, so we can proceed with the community decision. We prefer burning and reducing the supply of HCO, however, we also want to give rewards to our long-term holders. 50% of our business profits from our business will be used to buy back and burn HCO. This means the trading fees we generate on the AMM swap.
Token burn during presale
We will be burning any outstanding balance during the presale, therefore all unsold HCO will reduce the supply forever. You may want that in an airdrop, but we already have allocations for that and we don't want a quick dump in the market for huge rewards.
Token locks
We have already said that the team funds are locked for three years and the airdrop funds are locked for one year. No exception is allowed in the smart contract.
Smart-Contract Audit
HecoSwap team is working with several smart-contract auditing teams. We assure you, you will get one or more reports published before the launch. Currently, it is being investigated by several third-party teams. If any issue found, we will re-code the contract and re-build from scratch, but that's not likely to happen. We believe our codes are clean.
HCO token sale
HecoSwap native token HCO presale is still open for another few days. You must not miss the early bird offers. We are aiming to become one of the largest AMM and farming projects on HecoChain. But that can only be possible with your help, keep your trust in us, and we will keep delivering what we have promised to you. Let the lucky ball roll in and get some HCO token in presale, drum-roll the winning economy with HecoSwap.
HecoSwap Info - https://hecoswap.co/
HecoSwap Countdown - https://app.hecoswap.co/
HecoSwap Telegram - https://t.me/hecoswaptg