What is the REFINERY & how does it work?
Wingman: 0x428a10825e3529D95dF8C5b841694318Ca95446f
The REFINERY is a DeFi (Decentralized Finance) project on the Binance Smart Chain (BSC) that generates a passive income of up to 1.2% but a minimum of 0.8% daily on your investment through smart contracts. HFUEL is the primary token used to operate in the Refinery.
Buy HFUEL here:
https://pancakeswap.finance/swap?outputCurrency=0x157Ba4bBbb2bd7D59024143C2C9E08f6060717a6
xHNW and xSK — These are the staked versions of HNW and SK elite tokens. xHNW and xSK tokens enhance the Refinery in several ways.
Staking xHNW increases your maximum payout (up to 365.0%) from the Refinery and allows you to receive bonuses from people that you refer to the Refinery platform.
Buy HNW here:
https://pancakeswap.finance/swap?outputCurrency=0x8173ccc721111b5a93ce7fa6fec0fc077b58b1b7
Stake here: https://app.hnwdefi.com/hnw/stake
Staking xSK increases your daily interest rate paid. The rate depends on the amount of xSK you stake. The more xSK you stake, the more interest (up to 1.2%) you earn daily!
Buy SK here:
https://pancakeswap.finance/swap?outputCurrency=0x5755e18d86c8a6d7a6e25296782cb84661e6c106
Stake here: https://sidekick.finance/Staking
Friday is Payday and what is the Kraken?
Every Friday the ratio of Elite Tokens (HNW & SK) to Staked Tokens (xHNW & xSK) is adjusted.
An example:
If the current ratio of is 1 HNW to 0.5 xHNW (2 HNW = 1 xHNW), after a payday the ratio will increase. It might go to 1 HNW to 0.45 xHNW ( 2.22 HNW = 1 xHNW), so you will get more HNW if you unstake. The increase depends on the amount of HNW transaction activity during the week before the payday.
Another way to generate passive income regardless of the refinery.
The Kraken. During a period of time, a part of the transaction fees is collected and paid back to the stakers and NFT Holders. There are Kraken for all three tokens — Hfuel, HNW and SK. The team announces these.
NFTs are Sold Out! A marketplace is planned.
Distribution of rewards:
🥉 Bronze: 0.002% stakeholders value (30% of Kraken)
🥈 Silver: 0.01% stakeholders value (10% of Kraken)
🥇 Gold: 0.1% stakeholders value (10% of Kraken)
🏆 Platinum: 0.2% stakeholders value (10% of Kraken)
🦄 Obsidian: 0.5% stakeholders value (10% of Kraken)
The basic principle is very simple: You buy HFUEL Token with BUSD and put your HFUEL in the REFINERY. On this deposit you get a minimum of 0.8% daily interest in HFUEL Token. Your deposit is permalocked, which means that these HFUEL Tokens can never be removed from this Smart Contract at once. What may sound daunting at first makes sense, because unlike ordinary crypto projects, this prevents holders from selling a large number or even all of their coins/tokens in one transaction, causing the price to fall massively in a short time, especially when so-called “panic sells” follow and cause the chart to crash. This scenario is ruled out from the start with the REFINERY, as the maximum you can sell is up to 1.2% in HFUEL you receive daily on your deposit. The exception of this are the wallets that have not put HFUEL into the REFINERY.
This daily interest of your deposit in HFUEL can be put back into the REFINERY in addition to your existing deposit (“Refuel” / “Compound”), giving you a huge compounding effect over time and with the price gains of the HFUEL token added on top as leverage. But you can also pay out (“claim”) this daily interest in HFUEL and then sell it for BUSD. You need a minimum of 1.08 HFUEL token to deposit to use the REFINERY.
For the first few months it is recommended to mostly or only refuel/compound. The more you compound, the faster you will reach your goal. I look forward to my compounding ritual every day.
Take a look at the HNW REFINERY calculator:
https://docs.google.com/spreadsheets/d/1D1B5Je0Y2NeKv8iJMEZH6wUXGZ9yQIsT4juNq4Q78mc/edit#gid=268037606
A REFINERY wallet is maxed out at 8% of the total HFUEL token supply or a max payout in percentage, then it can no longer be claimed. But it takes some time until then.
How are constant 1.2% a day possible?
Where does this daily interest come from? You will surely ask yourself, how can this work constantly? HFUEL is taxed 5% on Buys, Sells, Deposits, Refuel (Compounds) and Transfers. Claims are taxed at 15%. If a wallet becomes so large that it reaches the whale status, higher taxes take effect. Thus, especially those who have a lot of HFUEL, pay the largest share when you claim.
You have to pay a whale tax when the sum of CLAIMED + AVAILABLE (to claim) reaches the whale threshold. Then you get less daily rewards according to the whale level (up to 50%). This contributes decisively to the sustainability of the REFINERY.
The HFUEL/BUSD pool gives security to the price because the HFUEL price is more independent from the BNB price than if the liquidity is usually in BNB LP. Usually, crypto projects have their liquidity in the native token of the respective blockchain, on BSC accordingly BNB. If the BNB price then falls, the chart is pulled down as well.
Use cases / Partners
You need HFUEL to be able to participate into the launchpad.
HFUEL will also be used to buy land in the Metaverse for the City of Atlantus.
Join the Telegram: https://t.me/JoinTheCityofAtlantus
The Wingman System (No round robin!)
Before you can make a deposit to the REFINERY you must join the team of an existing REFINERY user by clicking on their referral link or entering the wallet address in the buddy referral field in the REFINERY and confirming via transaction. If you like you are welcome to use my wingman address:
0x428a10825e3529D95dF8C5b841694318Ca95446f
In order to receive rewards (on deposits and on compounds) from your buddys that you invited to the REFINERY with your wingman link, you must stake at least 15 xHNW tokens in the Dashboard:
https://app.hnwdefi.com/hnw/stake
Furthermore, your wallet must have a positive net deposit value to receive direct referral bonuses. On compounds you can get 5% as a reward and for deposits see the table below:
TIP: Holding 250 xHNW not only covers the first 5 levels of your team, but also sets your Payout to the Maximum Amount of 365 percent!
Buy HFUEL Tokens
Set up MetaMask and deposit BNB
If you already use MetaMask and know how to send BNB to it you can skip this step and continue with step 2.
You need BUSD to buy HFUEL but first you have to buy BNB
You can buy BNB on Binance, crypto.com, Kucoin or ChangeNOW.
Then you need MetaMask on your PC or smartphone. MetaMask is a browser-based wallet that allows you to manage your cryptocurrencies, available for Chrome, Firefox, iOS and Android.
Go to the MetaMask download page. Select the browser you are using and follow the steps to install it or alternatively install MetaMask on your smartphone.
Next, follow the app’s setup instructions. Click on “Create Wallet”. Write down the backup seed phrase (preferably on a piece of paper and not on your computer or phone). Without this phrase, your wallet cannot be restored if your device is damaged or lost. Then confirm on the next page that you have written down your seed.
Now MetaMask is installed. The default is the Ethereum network, now we need to add the Binance Smart Chain.
1.Add Binance Smart Chain Mainnet
On the Settings page, look for the Networks menu:
Then click on Add Network in the upper right corner to add the Binance Smart Chain manually.
Enter the following in the appropriate fields:
Network Name: Binance Smart Chain
New RPC URL: https://bsc-dataseed.binance.org/
ChainID: 56
Symbol: BNB
Block Explorer URL: https://bscscan.com
Now send the BNB (make sure to select “BEP-20” for Binance Smart Chain) to your MetaMask wallet address, which you can find at the top of the MetaMask window to copy. Then you just have to change MetaMask from Ethereum to Binance Smart Chain:
2. Purchase and deposit of HFUEL in the REFINERY
Buy HFUEL here:
https://pancakeswap.finance/swap?outputCurrency=0x157Ba4bBbb2bd7D59024143C2C9E08f6060717a6
Go to < Refinery Dashboard > and click on CONNECT YOUR WALLET (1). Check if your MetaMask wallet is set to Binance Smart Chain “BSC”.
If you like you can add me as your WINGMAN (2), my address is:
0x428a10825e3529D95dF8C5b841694318Ca95446f
Then click on UPDATE (3) and confirm the transaction. If this has been done correctly, you can find my wingman address under Current Wingman. Then you can put your HFUEL into the REFINERY.
In the upper box you can see your HFUEL Balance. Here you can deposit HFUEL. You need at least 1.07 HFUEL to use the REFINERY (1 HFUEL after taxes and fees). Choose the desired amount of HFUEL Tokens, then click DEPOSIT (4) and confirm the transaction in MetaMask.
Congratulations! Your HFUEL has been deposited into the REFINERY, from now on you have passive income per day!
If this article has helped you, I’m glad, you can forward the link to friends and acquaintances to make the REFINERY more popular.
I am also happy if you would become my wingman and join my team 🤗
My Wingman Address: 0x428a10825e3529D95dF8C5b841694318Ca95446f
Links
Website → https://hnwdefi.com/
Dashboard → https://app.hnwdefi.com/dashboard
SideKick → https://sidekick.finance/
Contracts
HFUEL → 0x157Ba4bBbb2bd7D59024143C2C9E08f6060717a6
HNW → 0x8173ccc721111b5a93ce7fa6fec0fc077b58b1b7
SK → 0x5755e18d86c8a6d7a6e25296782cb84661e6c106
Telegram.DEFINATOR
https://t.me/HNWLaunchNetwork
https://t.me/sidekickfinance
https://t.me/HNW_Official_German_Channel
