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Home DeFi

Hypermine – a High-Yield DeFi Protocol

admincrypto by admincrypto
July 25, 2022
in DeFi
Hypermine – a High-Yield DeFi Protocol
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Through a basket of diversified crypto-asset investments, Hypermine aims to generate high returns for its token holders.

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The Mission

Hypermine aims to offer a dynamic, exciting, and community-driven ecosystem on BNB Chain and the impending Pulsechain community. 

The project intends to leverage the previous success of its predecessor, Powermine, which successfully ran on the IOST Blockchain. Powermine was the forerunner to the thriving “Growth DeFi” ecosystem running on BNB Chain, Fantom, and Avalanche. 

Providing its users with an exciting approach for larger exposure to cryptocurrencies, Hypermine will play upon the successes of Powermine on BNB Chain and Pulsechain. This will be done while integrating Growth DeFi’s already established and developed products into its treasury-owned assets. 

All Hypermine contracts have been audited. Check out the vulnerability-free security audit report from DeFiYield, a leading smart contract auditing provider focused on checking the security of Decentralized Finance (DeFi) projects. 

‍

Tokenomics

Hypermine has a native token, HMINE, with a fixed maximum supply of 200,000.

Prior to the main launch, the project held two Sacrifice Rounds on BNB Chain, which comprised a total sale of 100,000 HMINE tokens (50,000 per Round). This allowed the earliest community to acquire the native token at the lowest available price on a first-come, first-serve basis. The HMINE token was sold to early-stage investors during the “Sacrifice Round 1” and “Round 2” at $6 and $6.50, respectively.

Notably, the team used the Rounds to raise initial capital for the Treasury Bankroll before launch, which served as base investments to seek returns post-launch. 

Following the pre-launch Sacrifice Rounds, the team launched the Standard Rounds, which saw the HMINE token launch at $7. The token will increase in price by $3 in each subsequent Round over a linear scale until all are sold. 

Per the Litepaper, the Hypermine Core Management did not…

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