Honi Finance | Tokenomics

Goals

Our Goals are 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:

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

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

Profit Distribution

All profits will be reinvested, split directly between the treasury and bonding.

Profits reinvested in the treasury will increase the backing of the token providing increased rewards per token.

$HONI bonded from profits will be distributed to users on a vested schedule.

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.

Value Redemption

To realize treasury backing, $HONI tokens can be speculatively traded, or redeposited to redeem 85% of their backing value from the treasury. Deposited tokens are burned and the 15% of unredeemed value goes into backing existing tokens.

This is a form of protection from black swan events as redemptions only increase backing value. The “Last man out” will always be in the best position. Putting holders first is our main priority.

Fees

Unlike traditional protocols with a fixed supply and a % of tokens going to the team, Honi protocol will be funded through fees on bonds, volume, and redemption. Fees will fund liquidity, marketing, protocol growth, and reward stakers. Fees will be variable but with a hard cap.

*FEE TABLE*

Honi Finance Tokenomics

Goals

Profit Distribution

Value Redemption

Fees