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Hodlme is a community-driven DeFi project running on Binance Smart Chain (BSC). The project proposes a staking protocol with gaming features that enable investors to boost their gains. Additionally, it distributes 30% of every sell transaction to all of its HODM token holders. This way, participants can earn a passive income simply by holding onto their assets.
In this short Hodlme review, we look closer at one of the latest DeFi protocols to surface in the market. Read on to discover more about its features, tokenomics, and roadmap!
What is Hodlme?
Hodlme is a blockchain-based project that uses decentralization to create a staking platform with potentially high rewards for its users. The protocol aims to generate returns and sanction production without autonomous friction.
In this regard, it uses its native token, $HODM, to attract users into asset staking with potential rewards in BNB. Also, participants to Hodlme can engage in player-vs.-player (PvP) gaming battles and win prizes if they’re successful.
Moreoever, users will be able to buy it with BNB tokens on PancakeSwap. However, regardless of how they acquire HODM tokens, holding and staking them can produce massive rewards.
According to the Hodlme whitepaper, the project takes pride in rewarding users with the “highest dividends in the crypto space. For example, the platform charges every sell transaction with 30% and distributes the resulting amount back to token holders.
Additionally, the platform will redirect a percentage of purchases and sales into a prize pool. Token holders can earn rewards from this pool and yield income merely by holding HODM. Lastly, all these rewards will come in BNB, and the project will distribute them fairly according to the users’ holdings. In other words, the more HODM one has, the more BNB rewards they will get.
Hodlme plans to release its HODM token in December 2021. Also, after the launch, the project will engage token holders in a game with potentially high rewards. Here’s what we know about the game so far:
The game will have two playing modes, 1 vs. 1 and 1 vs. multiple opponents. Players have to buy HODM tokens and bet on the game. The more tokens the opponent has, the higher the rewards will be. Here is where the hodling skills of every participant will matter. That’s why the project calls the game its “fun factor.”
Hodlme proposes a highly secure staking protocol. Through its smart contract, the protocol should reward token holders with some of the highest reflections in the industry.
Even if it only recently arrived in the market, Hodlme aims to fly across its extensive roadmap. The project has already launched its website and successfully closed a private token sale. The team should release the token for the upcoming weeks and launch the gaming and staking features.
For 2022, Hodlme should propose a way for users to buy HODM tokens directly through their website. Also, it should kick-start its charity program, with the first donation being subject to a community vote.
Hodlme is a new project on the DeFi scene. Nevertheless, it seeks to build a fast-growing community around its token, $HODM. In return, it should reward its investors with some of the highest rewards in the cryptosphere. We will see how far the protocol will tick the checkboxes in its roadmap.
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