😵💫 $HYPEnomics V1
Ticker: HYPE
Blockchain: MultiversX
Token ID: HYPE-619661
MultiversX Explorer:
100,000,000,000 max supply
High Yield farming token by SuperRareBears
HYPE reasoning
There is a niche within the MultiversX Network which has yet to be filled, we think it can benefit from a viable meme token. The creation of HYPE will fulfill this role, be a high yield farming token, as well as support the SRB NFT & RARE Ecosystem.
1.🔐 Unique HYPE points
HYPE at its core is a high-yield farming token that will try to achieve Meme status on MultiversX Network and beyond
● Increases visibility for the MultiversX Network & the SuperRareBears brand
● Uses RARE as additional gas fee for farm and pool operations
● Excess pool mechanism will buy RARE, HYPE & SRB
● Burn mechanism for both RARE and HYPE
● Low starting price on the JungleDEX
● High APR from Farms & Pools
● Consistent drops for Bear & RARE holders
● Sizable drop to Partners & Community
● No Team Wallet
2. 😵💫 Where’s the HYPE?
💦 15% Jungle DEX liquidity
🚜 60% Yield Farming
💧 3%🐻 Collection Holder Drop
🌊 2.5% RARE LP/Holders
⚡️ 3% MultiversX Drop
🛫 3% Inter-chain Drop
⚡️ 4% Brand Growth
⚙️ 4% Development
🧱 3.5 % Foundation
💳 2% DAO Wallet
3.✈️FAUCET
1 Billion $HYPE allocated
The faucet will pay out a small amount of HYPE. It will be located in the HypeZone on QuantumX.
To enter the HypeZone you need at least 5 $RARE in your wallet.
🚰 https://www.quantumx.network/hypezone
A small additional RARE ⛽️ fee (0.5 RARE) will be taken.
One claim every 24 hours, it will serve as part of the MultiversX drop & in the future will be calibrated to accommodate inter-chain whitelisting.
4.💹Brand Growth
4 Billion $HYPE allocated
Marketing funds for HYPE, providing both brand awareness and growth.
This will include media promotions and cross-chain awareness.
5.⚒️Development
4 Billion $HYPE allocated
Used to strengthen integration and further development of HYPE. This can include additional pools, extra features, listings & development work
6.🔋Foundation Reserve
3.5 Billion $HYPE
Back up fund to be used in an emergency and for any unforeseen circumstances that may occur.
This can include security, or changes to Tokenomics.
7.💳 DAO wallet
2 Billion $HYPE
This amount will be sent to the SRB DAO wallet, will be used under governance at a later time.
8.👨🌾POOLS & FARMS
60 Billion (60%) HYPE is allocated.
There are several Pools & Farms on QuantumX Network in an area known as The HypeZone. As previously mentioned, to enter the HypeZone you need at least 5 RARE in your wallet balance.
https://www.quantumx.network/hypezone
⛽️ A small fee of 0.5 RARE is used for all operations within the HYPEZone, this RARE will be burned.
The fee is subject to change in the future, with price fluctuations
- 🐻 Bear Stakers on XOXNO receive a 10% Reward boost on all Pools and Farms compared to users without a 🐻
All pools and farms have a 28-day unbonding period from last stake, if stakers wish to leave early the fees are as follows:
Days 1–14 from last stake 5% early withdrawal fee
Days 15–28 from last stake 2.5%
Fee uses
🔥Buy & burn RARE
🔥Buy HYPE & Burn
🌾 Buy HYPE for year 2 farms/pools
🐻 Buy Bears
🏊♂ USDC buys EGLD for HYPE/USDC farm rewards
Rewards can be claimed daily (each epoch)
8.1 🎲HYPE Farms
35 billion allocation
🔄RARE/USDC -8 billion allocation
Create RARE and USDC liquidity on JungleDEX and stake the LP within the HypeZone on QuantumX
🔋HYPE/USDC -22 billion allocation
Create HYPE and USDC liquidity on JungleDEX and stake the LP within the HypeZone on QuantumX
🪫HYPE/USDC-5 Billion allocation
Bear 🐻 Owners only
Create HYPE and USDC liquidity on JungleDEX and stake the LP within the HypeZone on QuantumX. Stakers must have a SuperRareBears NFT
🌾USDC/HYPE LP Farm (required to have 500 RARE in wallet to enter)
Pool pays EGLD rewards
Self sustaining pool where EGLD is bought from the USDC from early withdrawal fee
8.2 🚜HYPE Pools
8.2.1 Stake $RARE earn $HYPE
8 billion allocation.
3 QuantumX Pools, 🐻 owners only.
Requirements
Pool 1: 1–5 🐻
Pool 2: 6–9 🐻
Pool 3: 10+ 🐻
Those with 10 or more 🐻 have access to all pools
Max staking is 1 million RARE per pool.
This will reduce the emissions of HYPE for each pool, if they are not filled, via the excess pool emissions mechanism.
🔥 20% of the excess burned
💰 20% buys RARE
🌾 60% used for future farms/pools (after 1 year)
Example: only 500,000 RARE in a pool, HYPE emissions will be halved, and the excess subject to the excess hype mechanism.
8.2.2 💎Stake HYPE earn RARE
220,000 RARE allocation.
2 QuantumX Pools.
Requirement (must have)
Pool 1: 100 +RARE
Pool 2: 1000+ RARE
Max staking 10 billion HYPE per pool.
This will reduce the emissions of RARE for each pool, if pools are not filled, via the excess pool emissions mechanism.
🔥50% excess RARE burned
💰50% buys HYPE
🔥🔥50% of this HYPE burns 🌾 50% used for future pools
Excess Pool emission mechanism
8.2.3💠Bearly Bonding allocation & staking SRB to earn HYPE
3 Billion allocation
Rewards for SRB NFT staking on XOXNO & BearlyBonding on QuantumXNetwork
8.2.4 🎯 Extra pools/farms
12 billion allocation.
Used for additional pools/farms & for year 2 rewards
8.2.5 🚀 Rewards Boost
2 billion allocation.
It can be used during token drops for certain pools, this will encourage providing of liquidity/staking, instead of selling.
9. 🤖Anti Bot/price sustainability mechanism
As with any launch volatility is expected, sometimes “bots” can also be involved, which can process buy and sell orders faster than any human can process. We aim to keep the community as safe as possible. The Anti bot/price sustainability mechanism will have the ability to counter any large sell off. It will also buy if the price falls below launch price.
A total of 200,000 RARE has been set aside for this from development funds. If needed it can be used to buy HYPE which will then either be burned, used for liquidity, or year 2 emissions. Any unused $RARE will be returned to development wallet at the end of the first year.
10.👩🏻🌾Farm/pool emissions schedule year one
Emissions 1 month = 30 days
10.1 🚅Farms
• 💵 RARE/USDC — 8 billion
• 💲HYPE/USDC — 22 billion
•💰HYPE/USDC 🐻 owners only — 5 Billion allocation
10.2 😵💫 HYPE Pools
🎢 Stake RARE earn HYPE — 8 billion (3 QuantumX pools)
Pool 1: 1–5 🐻
First 3 months: 2.1 billion
Month 4–12: 100 million a month
Pool 2: 6–9 🐻
First 3 months 2.1 billion
Month 4–12: 100 million a month
Pool 3: 10+ 🐻
First 3 months: 1.1 Billion
Month 4–12: 100 million a month
🧿Stake HYPE earn RARE — 220,000 RARE total (2 pools)
Pool 1: Must have 100+ RARE. 105k RARE allocation.
Pool 2: Must have 1000+ RARE. 115k RARE allocation.
• 🧸 SRB 🐻 HYPE NFT pool on XONXO
Month= 30 days
2500 max 🐻 in pool
412,500,000 first month *
*An additional 37,500,000 was added to this making it 33 days for the first month instead of 30
1st year issuance
967,500,000
If the number of SRB NFTs staked in the pool is less than 2500, then the pool will be subject to the SRB/HYPE excess pool mechanism shown below, during favorable market conditions.
30% buys Bears
20% buys RARE & Burn
50% year 2
Summary of Pools and Farms on QuantumX
In the HypeZone
🌾4 farms
🏊♂5 pools
🚰Faucet
⛽ 0.5 RARE gas fee for all operations
🧸 10% rewards boost for SRB stakers
🚪5 RARE needed in wallet to enter
🐻 Exclusive SRB Pools/Farm
💰 Exclusive RARE holder's farms/pools
👋 Early withdrawal fee 5-2.5% helping to sustain the ecosystem
♻️ Excess RARE/HYPE mechanism
BearlyBonding
🐻 Stake RARE/USDC LP to earn HYPE & 13 other tokens
On XOXNO
🐻 Stake your SRB to earn HYPE daily
♻️ Excess HYPE furthers the ecosystem
🤖 Anti bot mechanism to ensure price doesn’t drop below listing
⏳Future Pools/Farms
Please keep in mind that HYPE is a high yield farming token, by no means does anything written here constitute financial advice, everyone should do their own due diligence & never put in more than they can afford to lose.
Feedback & constructive criticism is always welcome within the SRB community, so feel free to share your views.
That concludes V1 of HYPE Tokenomics, remember things can be subject to change, but rest assured that it will only be in the best interest of the community