What are HYPE Forks?
High Yield Pyramid Economics Forks
Passive income generation with varying daily yields (0.25-1%) sustained by investor growth and independent investments made by the HYPE Fork sub-team. As the token gets more expensive, so will your rewards be exponentially higher.
Our plan is to run a new HYPE Fork every 2-3 months. These forks will be run by a semi-independent sub-team, with their own tokens. These tokens will be liquidity paired with $hares to increase buy pressure on $hares.
These HYPE Forks will benefit from operating in our ecosystem due to our managerial and marketing experience as well as our connections in the industry. We will also personally vouch for the team behind it which will increase the likelihood of the project's success. The forks will not gain access to the $hares treasury in cases of emergencies. Aside from the initial capital to help launch the project (coming from our development fund), no further use of the treasury is allowed. They are their own project, albeit with a very significant share.
Note: All of these forks will use $hares in one way or another.
- Titano/Safuu Fork (Staking)
- Node Fork (Passive Income)
- Fei Protocol/bDollar Fork (Creation of ApeInTo Transactional Stablecoin Currency)
- OHM Fork (Handles the bond mechanism for Launch Pad/Kickstarter)
- Manor Farm + Beefy Fork (Yield Farming & Autocompounder for Degen Coins)
- Police & Thief Game Fork (Introduction to GameFi)
- No Lose Lottery (Lottery & Gambling Related)
- NFT Game Fork (GameFi with refined economics)
We are well aware that most DeFi protocols out there run on the basis of a pyramid scheme. It is defined as follows:
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.
These products are very popular due to the notion that they can get you rick quickly. Which is true, but only for the first movers or those who caught the price at the lowest then subsequently pumped. Those who bought at the top might not get their ROI if new investors stop flocking in.
These HYPE forks will be an experiment for us. Our job is to modify the parameters and introduce new mechanics and features to increase sustainability while providing a very attractive passive income generation for people.