Hertz (HTZ)
Buy Hertz and Farm: Swap.TheGreatReset.Finance
Hertz is the utility token used in TheGreatReset DAO's Dapps.
Burns History:
34K tokens bought back from liquidity and burned:
Buys: (make these into ftmscan links and just link "buy 1" "buy 2" etc...) 0x22532120eafc751427b2ef0397b3aa2a6a8cbc60106dae0a0b99b8d6f5319f9f
0x79396687521425f6e5ee97309838795abfe472e72ff099fe1b96a7019622463e
0x92b8f4d19d6a2db54038f5a75fdc4ffcb2a47b590912a00d97fea195535f23b9
Burn: 0xb21c8b5541621dd8c427f5f68219dfe6f57e95395de5878d95d4772caa9e1cb6
Usecases
Only currency accepted for payments(with auto-conversion from other currencies) on the Cyberfinance(1 side of every incentivized LP, invest, etc.) Agency(boosted jobs, guild membership fees, etc.), and Market of Zion(promote collection, artist fees, etc.) Dapps which run on the Cyberfinance Layer 2 on top of the √ Chain
Base currency on the Hertz network (Similar to Kusama's relationship with Polkadot, will be a live testnet for the √ Network)
Liquidity provider farming rewards on Cyberswap
Deflationary Mechanisms
Every 12 hours - 0.69% of TGR/FTM LP has the TGR side burned, then the FTM side is used to buy HTZ which is burned.
Token Distribution
HTZ V2
Initial Total Supply:
Initial Free Floating:
Initial DAO Treasury(From Donations):
Inflation: 3.75% a year; 3% to DAO multisig, 0.75% to Cyberswap LP rewards
Full graph
HTZ V1
Initial total supply: 11 million tokens
Supply after 1 year: 23 million tokens (Minus burned tokens)
Initial circulating supply: 1 million tokens
Circulating supply after 1 year: 16 million tokens (Minus burned tokens)
9 million - Private sale, 25% unlocked each year over 4 years. (Open to any and all participants except restricted countries. Was reduced to 5 million in order to allow full unlocking of tokens at the time of V2 swap, private sale participants who did not agree had their tokens bought back at HTZ V1 ATH)
1 million - Initial liquidity (50% Locked[Will be burned once unlocked], 50% removed; FTM pays for ongoing development, HTZ was airdroppd to LP's in various ways)
1 million - The X Foundation. 25% unlocked each year over 4 years. (Burned)
The Emission rate of Hertz is around 11 mil tokens a year or 0.35 tokens per block on Fantom. 11% of harvested tokens will be burned.
The emission rate is 0.085 per block on Avalanche or 0.06 on Multivac or ~20% of Fantom respectively.
The starting price at listing was 0.04 FTM.
The swap to HTZ V2 occurred on with a total supply of
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