Overview of HABU Finance | $HAM token

September 29, 2020

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What’s an idea for HAM?

Since the start of the year, Decentralized Finance (DeFi) has become one of the primary markets in the crypto space. Starting as a multi-million dollar industry, DeFi has now made a name for itself as it now boasts over 8 billion dollars worth of value locked in DeFi smart contracts.

While the exponential growth of DeFi continues its euphoric climb, the industry has revealed pitfalls in the shape of smart contract bugs and exploits, unethical practices, and out right scams. For DeFi to truly flourish, projects must start leading by example, that is exactly why Habu Finance was created.

“Basically, we still start a project that is the trend that is yield farming. We want to approach in this way to engage the foundational community for future growth. We offer a highly scalable, feature-rich token that can be combined with a number of projects underway. Our platform is a tech start-up company. We will launch some breakthrough products for DeFi on the TRON platform in the near future.”

The team of the project

Why is TRON Network?

First of all it is a matter of fees. TRON is free on all transactions.

TRON is still very primitive, many applications are not yet available. We have a lot of products we can do on this platform.

The third is, we approach smart contracts very early. The transition from Ethereum’s working smart contracts in the past makes it easy to access the Tron blockchain is a great advantage.

Why HAM?

The latest cryptocurrency that has taken the market by a storm, Yearn.Finance, is the perfect use case for HAM. According to Coingecko, YFI was introduced to the market on July 17, 2020 with a price of $790.94 and has since then dramatically increased to $38,000 on Sept 1, 2020, and as of today, one YFI costs more than 3 Bitcoins.

Our analysts used a combination of market psychology, price action concepts (market structure, efficient price action and liquidity zones) and overall trends of parabolic movements as seen in numerous other assets. Using Poloniex, the price of 1 YFI can reach as high as $50,000 in the parabolic advance phase of the market cycle.

This bullish trend is the primary reason why we chose YFI as the token to soft peg as this will cause a linear growth for HAM. As Bitcoin’s price continues to rise in this new bull market, the price of YFI will trend closely.

This success comes with a number of great challenges, especially in terms of scalability, with TRON Network fees cheaper and faster platform performances more than Ethereum Network, which leaves end-users frustrated.

Users are demanding cheap transactions, secure ultra-fast swaps, user-friendly design, and the possibility to buy and move assets TRON blockchains. The future of decentralized finance won’t be tied to one chain and interoperability is already becoming the must-have feature of the DeFi future.

Introducing HAM

HAM is a permissionless DEX built for Tron-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on TRON Network.

With HAM, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current TRC20 standard.

The future is decentralized. The future is interoperable. The future is a game on blockchain.

Sale Structure ($HAM)

Sale Details

Total supply: 1,990,000 HAM
Initial circ supply: 1,990,000 HAM
Seed sale price: $0.30 USD
Private sale price: $0.40 USD
Public sale price: $ 0.6 USD
Justswap listing price: $1 USD
Total amount raised: 280,000 USD
Total HAM sold: 650K (32.5% of the total supply)

Sale structure of HAM token

Comments:

Seed sale: Initial mcap of 100.000 HAM, fully diluted mcap of $30.000 USD.
Private sale: Initial mcap of 250.000 HAM, fully diluted mcap of $100.000 USD.
Public sale: Initial mcap of 300.000 HAM, fully diluted mcap of $150.000 USD.
Lock 50% for game blockchain
Initial Justswap Liquidity: 100.000 USDT/ 100.000 HAM (based on USDT = $1 USD)

Roadmap

2020 – Q4	2021 – Q1	2021 – Q2	2020 – Q3,Q4
Permissionless ListingPrivate poolDecentralized Auction Protocol	Anti-scam featureHigh slippage alertWhitelist features	Fixed token swapDecentralized Exchange	Gaming platformCross-chain swap