Honi Finance Litepaper

Honi Finance is a proprietary financial research firm based in the crypto world.

Vision

Our Vision is to present a simple way for DeFi users to benefit from our investment algorithms.

Here at Honi we aim to leverage our knowledge and wisdom of quantitative algorithmic trading in the markets and return the profits effortlessly back to you in both bull and bear markets.

We have two primary objectives:

  1. First and foremost is to develop multi-asset high performance trading strategies.

  2. Second and equally important is creating a fully integrated ecosystem of decentralized financial services built on Fantom, Avalanche, Ethereum and other such chains.

Tokenomics

The goal of Honi is to make passive income thats paid in stable coins and accessible to everyone – decentralized finance as a service. The firm uses advanced mathematical modeling with fundamental research to invest in financial assets.

The Honi token is a treasury backed asset, meaning each token represents a share of the treasury. By holding Honi, the user has a share of profits from the Honi treasury investment portfolio.

Honi is predominantly obtained through depositing funds to the treasury, receiving Honi as a receipt. Profits from the treasury are returned to holders in USDC, which can be redeemed on the dAPP.

Taxation

Following the existing reflection token model, taxation will be leveraged to incentivise holding, and encourage obtaining the token by bonding / contributing to the treausry.

Funds obtained through taxation will be spread between re-investing into the treasury (bootstrapping), funding the protocols growth, and airdropped to holders alongside reflections.

Profit Distribution

Profits from our protocol are split between re-investing and reflections.

Reinvestments into the treasury will allow the protocol to grow without relying on new investment. Reflections will ensure users earn their share of the value generated from the protocol.

Users can use the dAPP to track the value of the treasury their tokens represent, any pending rewards, this interface includes the option to auto-compound profits.