HOPR Launch Recap and Upcoming Announcement Schedule
Update: Liquidity mining is not a standard feature of most DEXs. To ensure the safety of everyone, we decided to test the code more thoroughly and also engage an external bug bounty platform to help keep your funds SAFU! We apologize for the delays due to this and hope you can bear with us. These announcements are definitely worth your time.
What a week! After the hugely successful Genesis DAO presale and public launch on Balancer, we’re now in Phase 3 of the HOPR token launch.
When the Balancer LBP concluded, there were 17,955,067 DAI and 18,016,003 HOPR in the pool. This is an amazing result, and 100% of this was transferred to a Uniswap pool, as can be seen in the transaction below.
https://etherscan.io/tx/0x16070a807bfd1b578358fa8046dabfdd7decef2f93035975b479f61c856f8ed4
As we’ve stressed all along, but it’s always worth repeating, the HOPR Association received no direct benefit from this sale, and none of the founders or team transacted in either of the first two phases.
We also had our global launch event on Wednesday 24th. Thanks to everyone who participated in the local community events and the various games and puzzles in the HOPRound the World contest.
Now that the HOPR token has launched and with the HOPR Jungfrau release imminent, we know there’s a lot of questions about all the different parts of the HOPR project, including bounties, staking, running a node, and the status of the Genesis DAO and upcoming HOPR Association DAO.
To avoid overwhelming people with too much information, we’re going to be releasing it in stages, via a series of dedicated blogs. Here’s the timeline for what we’ll be talking about and when:
Jungfrau Release and Basics (Tuesday 2nd March)
The HOPR Jungfrau release will go live on Tuesday 2nd March. We’ll be giving a brief rundown of what this means and how you can participate. We’ll be explaining which features are active and which will be appearing in our next release, codenamed Eiger.
We’ll also be explaining about wxHOPR, the wrapped xHOPR token which allows the HOPR protocol to operate on xDAI and avoid extreme ETH gas prices.
Read it here.
DISCLAIMER: Despite being live, the HOPR protocol still carries risks to users. As a result, we do not encourage any HOPR token holder to invest any amount of HOPR tokens into a HOPR node that they are not willing to lose. Although our token contracts have been fully audited by multiple auditors, the HOPR protocol itself has not yet been audited, is constantly undergoing development, and participating in the network at this time might incur heavy financial loss.
Bounty Tokens (Wednesday 3rd March)
Joining one of our incentivized testnets didn’t only allow Genesis DAO participation — there were also almost two million tokens assigned as rewards. This post will explain the timeline and procedure for claiming these tokens, and there will also be a nice surprise for our valued testnet participants!
Read it here.
Games Recap and Winners (Monday 8th March)
As part of the HOPR launch event, we hosted a series of games with over 100,000 HOPR tokens as prizes. This post will officially announce the winners and walk through the solution to the grand prize puzzle.
Read it here
Uniswap Liquidity Mining (Thursday 11th March)
UPDATE: This post has been delayed to the 11th of March because we’re setting up a bug bounty to check into the smart contract for the HOPR liquidity farm. This will be open to everyone.
The winning Genesis DAO proposal for the HOPR launch instructed that 5m HOPR tokens should be reserved as liquidity mining incentives for Uniswap. This has taken a little longer to set up than we anticipated, but it will soon be ready to launch (the pool itself is currently live, it just doesn’t have the extra mining incentives activated yet). This post will explain about Uniswap Liquidity Mining and how to participate.
DISCLAIMER: Acting as a Uniswap Liquidity provider carries significant risk of impermanent loss. Proceed at your own risk, and only commit funds you can afford to lose.
DAO Update (Friday 12th March)
The Genesis DAO was instrumental in launching the HOPR token, but participants have naturally been asking: What next? This post will explain the future of the Genesis DAO and layout the timeline for the future HOPR Association DAO.
Staking Update and Tech Roadmap (Monday 15th March)
One of the most burning questions from the community is how and when HOPR token holders can start running nodes and staking their tokens to earn more HOPR from relaying cover traffic. This post will run through the timeline for activating staking and other essential parts of the tech development roadmap.
Launch Analysis (Friday 19th March)
The HOPR launch was a unique experiment, even for the consistently innovative DeFi space. We’ll be providing some in-depth analysis of the three phases of the launch, as well as some of the attention we received from heavy-hitters in DeFi.
HOPR Incentives Overview (Friday 26th March)
Finally, this post will provide a high level overview of everything you can do with your HOPR tokens, along with an estimated roadmap for when these features will be available.
As always, our ambassadors are ready to answer any urgent questions, but if you have a question that’s covered by one of these upcoming posts then we’d ask you to please be patient.
We’ve had a huge influx of new community members since our amazing launch, with close to 50% growth across all our Telegram channels (in 11 languages), taking us to over 25,000 members! So everyone is understandably very busy.
Thanks for coming on this journey with us. We couldn’t have done it without you. Even though the launch is over, we’ll continue to have promotions and events for our community — new and old. We’re so excited for what lies ahead.
Rik Krieger,
HOPR Co-founder
Edited on the 10th of March 2021
