Discover the Surprising Stability of the HORDE Price

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Discover the Surprising Stability of the HORDE Price

Table of Contents

  1. Introduction
  2. Understanding the Horde protocol
  3. The Horde ecosystem
  4. Tokenomics of Horde
    • The 10% Cell Tax
    • The Transfer Tax
  5. The Unique Features of Horde
    • The Range-Bound Protocol
    • The Liquidity Manager
    • The Soul Swap
  6. Invest in Horde with Soul Stones and Soul Ruins
  7. The Use of NFTs in the Horde Protocol
  8. The Play-to-Earn Game
  9. The Golden Society and Other Revenue Streams
  10. Conclusion

Introduction

In this article, we will dive into an exciting protocol called Horde, which operates on the Binance Smart Chain. Horde is a unique and stable project that offers impressive gains while prioritizing stability and sustainability. As an investor, I have found Horde to be a reliable and promising protocol worth exploring. However, please note that I am not a financial advisor, and it is always advisable to consult a licensed professional for personalized financial advice.

Understanding the Horde Protocol

Horde is built around a unique reward protocol, making it the world's first truly sustainable DApp system. Offering a minimum daily return of 1% and a play-to-earn game with NFT utility, Horde relies on an ever-increasing range-bound protocol to build the reward pool. This ensures that each plot remains affordable for all users, regardless of their stage in the ecosystem.

The Horde Ecosystem

To participate in the Horde ecosystem, users need to purchase Horde tokens and Create plots. Each plot generates a daily return of 1%, equivalent to 0.1 Horde tokens per day. These plots have a lifespan of 300 days, after which they become overrun by zombies, requiring users to purchase new plots or join the Play-to-Earn game for further opportunities.

Tokenomics of Horde

Horde employs a 10% cell tax, which helps sustain the ecosystem and fund various initiatives. Additionally, the protocol has implemented a transfer tax to prevent users from exploiting the system by creating multiple wallets. In terms of distribution, 60% goes to the reward pool, 30% to the liquidity manager, and 10% to the Horde pool.

The Unique Features of Horde

The Range-Bound Protocol

One of the standout features of Horde is its range-bound protocol. This mechanism ensures that the token's price remains within a specified range. When the price falls below a certain threshold, the liquidity manager buys tokens, thereby maintaining the price. On the other HAND, if the price exceeds a certain upper limit, the liquidity manager sells tokens to stabilize the price. This unique feature ensures price stability and enables users to make informed financial decisions.

The Liquidity Manager

The liquidity manager service offered by Horde is remarkable. It allows the protocol to generate fees from transactions passing through its contracts. This additional revenue stream not only benefits investors but also strengthens the protocol's sustainability.

The Soul Swap

Horde's Soul Swap is a feature that enables users to buy and sell tokens through the protocol's decentralized exchange (Dex). The platform facilitates swapping between Horde tokens and other cryptocurrencies on the Binance Smart Chain. By conducting transactions exclusively on the DEX, Horde avoids relying on external exchanges, providing a secure and seamless user experience.

Invest in Horde with Soul Stones and Soul Ruins

For those looking to invest in Horde at a more affordable price point, the protocol offers Soul Stones and Soul Ruins. These tokens provide a way to enter the ecosystem by offering a reduced daily return. Soul Stones cost 5 Horde tokens and generate 0.05 Horde per day for 250 days, while Soul Ruins cost 1 Horde token and yield 0.01 Horde per day for 200 days. These tokens offer an opportunity to benefit from Horde's stability and sustainability without making a significant investment.

The Use of NFTs in the Horde Protocol

Horde implements non-fungible tokens (NFTs) to enhance the user experience and provide additional benefits. By purchasing Horde NFTs, users can augment their plots with various rewards boosts. These NFTs not only confer rewards but also have in-game utility within Horde's upcoming play-to-earn game. This integration of NFTs adds depth and value to the overall ecosystem.

The Play-to-Earn Game

Horde's forthcoming play-to-earn game promises to be an exciting addition to the protocol. Players will have opportunities to earn rewards and utilize their NFTs to enhance their gameplay and increase their chances of success. The integration of play-to-earn mechanics further establishes Horde as a comprehensive and engaging platform.

The Golden Society and Other Revenue Streams

Horde has ventured beyond its Core protocol by establishing partnerships with external projects such as The Golden Society. These collaborations have opened up new revenue streams for Horde, making it more robust and financially sustainable. The protocol's investment page outlines various initiatives that generate income and contribute to the overall success of Horde.

Conclusion

In conclusion, Horde is an exceptional protocol built on the Binance Smart Chain. With its innovative range-bound protocol, liquidity manager, and play-to-earn game, Horde offers stability, significant returns, and investment opportunities. Its use of NFTs and collaborations with external projects further enhance the ecosystem's value. However, it is crucial to conduct thorough research and exercise caution before investing in any cryptocurrency project.

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