Announcement: Opening of HBG Mining in the HOSWAP Genesis Pool

HALO Network
HALO Network
Published in
1 min readMay 9, 2022

To provide high-quality financial services to HALO Network users who can enjoy dividends provided by the development of the network ecosystem, HBG, the governance token of HALO Bridge, will be mintable in the HOSWAP genesis pool.

HBG is the vehicle passing value between ecosystems. In the future, the tokenomics of HALO network will be based on HBG, HO, and HOS for facilitating the wide flow of assets between different chains.

The HBG Distribution

  1. HO/USDT Liquidity Mining
    Amount: 300,000
    Time: 90 days
  2. HO/HOS Liquidity Mining
    Amount: 600,000
    Time: 90 days
  3. Ecosystem Incentives
    Amount: 100,000
    Time: 90 days

The HBG mining will be launched at 15:00 (UTC+8) on May 11th

Please pay attention to the updates of the HOSWAP pool deployment so that you can prepare in advance to mine HBG in the pool on HOSWAP.

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HALO Network
HALO Network

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