In a monumental display of community engagement and rapid growth,
the BLAST HOGE ($HOGE) token launched on
the BlasterSwap decentralized exchange (DEX) on May 17th,
2024, achieving a market cap of over $3M after only three days
of trading on the Blast network. This milestone marks a
significant achievement for the HOGE Finance ecosystem
and highlights the potential for Layer
1 Ethereum communities transitioning to Layer
2 solutions.
A Historic Launch on BlasterSwapBLAST
HOGE began with an initial liquidity of $50,000
on BlasterSwap, a DEX with over $17 million in total value
locked (TVL). The token quickly attracted enthusiastic support,
reaching $2 million in TVL and surpassing $60,000 in
first-day trading volume. This rapid growth underscores the token's
robust appeal and the community's strong trust in its
vision.
Empowering The HOGE Community through AirdropsA key
element of the launch was the extensive HOGE
Finance airdrop. Over 75 billion tokens were distributed to
HOGE holders on Ethereum, with each of the 76,000+ wallets
receiving just over 1 million tokens totaling 20% of the supply.
This airdrop incentivizes engagement with Layer 2 solutions,
enabling immediate exploration of dApps on the BLAST network at no
expense to existing HOGE Finance community members. Upcoming
partnerships promise to further enhance the token’s utility.An
additional 10% of the total token supply (valued at $122,000 at
time of writing) has been distributed to the HOGE
Finance DAO treasury wallet via industry-leading token
management partners. These funds will bolster the community
treasury and add everlasting value to the wider HOGE
Finance ecosystem by funding new initiatives and proposals, as
well as providing liquidity for a myriad of potential
developments.
Future PlansBLAST HOGE's launch is the starting
point for a series of strategic initiatives designed to deliver
immediate utility and benefits to holders. These include platform
activation campaigns, innovative partnerships, and much more.
Additionally, holders can participate in the Blast
Jackpot at blast.io by entering their BLAST HOGE
tokens and launch keys, offering a chance to win
substantial Blast gold rewards.Future BLAST
HOGE airdrops will feature exciting projects and platforms on
the BLAST network, as well as collaborations with notable Ethereum
communities. These airdrops aim to expand reach, foster deeper
community engagement, and create an atmosphere of anticipation and
exclusivity.
The Blast Network, boasting over $1.5 billion in TVL,
is preparing for an anticipated airdrop on June 27th, estimated to
be near or above $1 billion in value. This event has already
generated significant buzz and increased daily wallet activity
exponentially as users prepare for the lucrative occasion. Through
the network's low transaction fees and native yields and
incentives, holders of Ethereum can maximize their investment
potential- no longer burdened by the immense fees typical on the L1
Ethereum network.
Blast Ninja Minigame: Slashing To SuccessThe Blast Ninja
minigame, available at play.blasthoge.xyz, has proven to be a
hit, with over 15,000 plays and a high score of 7,230 at the time
of writing. Top performers on the leaderboard will receive
additional airdrop allocations, promoting active
participation. Play and earn your share of the upcoming
airdrop allocation today!
Upcoming BLAST HOGE DAO LaunchBLAST HOGE is also
preparing to launch a decentralized autonomous organization (DAO),
inspired by and forked from Plutocats, the leading NFT
collection on the BLAST network.
These NFTs are distributed via a Dutch auction, with each sale
contributing to the BLAST HOGE DAO treasury, supporting future
proposals and initiatives.
Tokenomics and SecurityMirroring the tokenomics of
its Ethereum parent, BLAST HOGE implements a 2% burn and 1%
reflection mechanism, along with a 50% burn at launch.
Additionally, BLAST HOGE will distribute 5% of its
post-burn tokens to the HOGE DAO treasury over three years
via Magna.
Magna is a leading token management platform with over $2
billion in tokens locked, partnered with notable chains such
as Aptos and Immutable.
Furthermore, the token has undergone a rigorous audit by
Cyberscope, a leading blockchain security firm, ensuring the
highest standards of security and trust.
About the BLAST NetworkFounded by Tieshun "Pacman"
Roquerre, the visionary behind the leading NFT
marketplace BLUR, the BLAST network is rapidly
gaining prominence. Currently, the BLAST network boasts a total
value locked (TVL) of $1.5 billion, underscoring its
substantial impact in the decentralized finance space. With
increasing daily wallet activity and renowned projects launching on
the network, BLAST is poised to become a central hub in the DeFi
landscape.
About HOGE FinanceHOGE Finance has established
itself as a significant player in the web3 space, achieving
numerous milestones since its inception. At its all-time
high, HOGE Finance reached a TVL of $150 million and a
market cap of over $500 million. Known for its community-driven
initiatives, memes, and innovative approaches, HOGE
Finance remains a relevant and influential force in the web3
ecosystem. The launch of BLAST HOGE marks the
beginning of a resurgence in community-driven efforts, heralding a
new era of decentralized finance and blockchain innovation.
About BLAST HOGE BLAST HOGE was founded
by HOGE Finance community leader Kash Corleone Rogers,
with Kyle Jackson serving as co-founder and Chief Technology
Officer. Between themselves and the rest of the core team, they
have exemplified a robust and visionary effort that aims to
revolutionize the decentralized finance space through
community-driven initiatives and innovative on-chain solutions.
"Having a flawless launch and witnessing the first quality days
of chart activity has been a remarkable achievement,"
said Kash Corleone Rogers, Founder of BLAST HOGE. "We are
onboarding thousands to both the HOGE Finance and BLAST
ecosystems, pproviding a world of incentives and rewards
via BLAST HOGE. Ethereum investors need to realize the world
of low fees and high yields that exist on layer two networks,
and BLAST HOGE is a gateway for all."
At its core, BLAST HOGE emphasizes fostering community
initiative and inclusion, engaging both web3 veterans and
blockchain novices. By being an early adopter of the BLAST
Network, BLAST HOGE is set to bring significant exposure
to the HOGE Finance ecosystem and its parent token, ETH
$HOGE, amplifying its reach, impact, and treasury value.
For more detailed token information and live trading updates
on BLAST HOGE ($HOGE)
visit DEXscreener: https://dexscreener.com/blast/0xbfcd1e44e086244c5d2856ab1e9db4b6530d7b3dWebsite:
https://blasthoge.xyz/Documentation: https://docs.blasthoge.xyz/X
(formerly Twitter): @BLASTHOGE
Disclaimer: The information provided in this press release is
not a solicitation for investment, nor is it intended as investment
advice, financial advice, or trading advice. It is strongly
recommended you practice due diligence, including consultation with
a professional financial advisor, before investing in or trading
cryptocurrency and securities.
info (at) blasthoge.com