HORDE 50 DAYS LATER: PROOF OF CONCEPT & CONTRACTS
Ata time when the SP500, the NASDAQ, Ethereum, Bitcoin, and even a stablecoin like UST are down, HORDE has remained within its defined price range of $99-$112. These last few weeks, especially the last few days, have been a true test of the protocol as the market has gone bearish and people are looking to pull profits wherever they could. While several new crypto projects have already gone under after 50 days, HORDE is just starting to hit its stride rather than run out of steam. In the 50 days since launch, the price of HORDE has stayed exactly within its bounds, over 6000 plots have been created, and even has some big news on the horizon…
PRICE BOUND PROTOCOL = NO NODE MOUNTAIN & NO PRICE CRASH
So many projects in the DeFi space have similar patterns in their chart with a big spike up after launch and then a swift ride down towards 0 as early adopters pull out gains and drain liquidity. Crypto YouTuber Your Friend Andy calls this a “Node Mountain.” This is exactly the sort of price action issue that HORDE looked to solve with its built from scratch protocol.
While investors will not get rich overnight, if the protocol does what it is supposed to, they won’t be left holding the bag in the morning either.
HORDE is built around stability and sustainability, giving investors a true stream of reliable, passive income. The chart instead looks more like a plain instead of a mountain. No big peaks, no big valleys…just consistency. Additionally, HORDE being paired with BUSD, which is a stablecoin pegged 1:1 to the USD, has proved to be an excellent strategy in this current bear market.
In the last few days, we have seen a major stablecoin depeg, and the prices of both Blue Chip stocks and cryptos take a nosedive. Amidst all this market turmoil HORDE has stood its ground and not succumbed to falling prices like its peers.
This price stability is just one of the many things that make HORDE unique in the DeFi space and make it an attractive investment option for people seeking stable returns. HORDE’s price stability paired with the decaying plots (rewards for plots go to 0 after 300 days) give it the ability to endure for the long run. Add in the treasury holding close to $900,000, the Liquidity Manager sitting at $1.2MM, and the Liquidity Pair with a balance of $250,000… the future is looking bright.
CERTIK AUDIT COMPLETE!
One of the biggest risks in crypto projects is security. The team at HORDE is doing all they can to make sure that the contracts cannot be exploited and are not susceptible to the “flash loan” type attacks other projects have been hit with recently. The HORDE team maintains the contracts updating and improving them regularly for security reasons and long-term sustainability. HORDE currently uses a gnosis multi-sig for all contract interactions, to ensure the security of the protocol.
Because of this focus on security, within days of launch HORDE partnered with CERTIK to complete a comprehensive, thorough audit of the HORDE protocol that includes auditing all the smart contracts and in-depth KYC information on the founders. It took a while but finally, the audit is complete and in the hands of the HORDE team for review!
What’s next for HORDE?
It has been incredible to see what the team at HORDE has been able to accomplish since its launch just a few weeks ago.
Here is a roundup of what’s been achieved so far:
- Over 6000 plots have been created
- Liquidity Manager balance has doubled to 1.2MM
- First price range increase implemented (moved from $95–$105 to $99-$112)
- 5 treasury polls were conducted resulting in the investment of $900,000
- Partnership with FLUX
- 15k Twitter followers and almost 10K on Discord
- CERTIK audit complete
And there is still so much more to come! In just the next few days, on Friday, May 13th, HORDE will launch their much anticipated NFTs! There are 3 NFT scenes to choose from, each offering a different level of boost to the daily rewards payout for the plot that it is attached to. The scenes offer between a 5%-15% boost depending on the NFT. Come Friday the 13th, 500 of each NFT will be up for grabs during another fair launch event. 100% of the proceeds from the NFT sale will go into the HORDE rewards pool! That’s right 100%. The NFTs are not just a money grab by the founders of HORDE, rather the money will go back into the protocol!
And these NFTs are much more than a JPEG to be screenshotted and used by the masses for their Twitter profile! In addition to the daily rewards boost the NFTs will:
- Have future utility when HORDE launches their P2E game
- Owners receive early access to sales of future exclusive NFT releases (the closest thing to a whitelist you will see in this project)
- The first 1000 scenes purchased are eligible for a lottery to win a special prize
- TOP SECRET FUTURE UTILITY
Wasteland Cabin — 5% boost- Cost: 3 HORDE
Search & Rescue — 10% boost- Cost: 5.5 HORDE
Church Square — 15% boost- Cost: 7.5 HORDE
And even after the launch of the NFTs there is still so much more on the roadmap coming up.
Q2- 2022
- Souls Paper 2.0
- Website revamp
- Big partnerships
Q3- 2022
- Game Launch
- Additional NFTs and more!
The first 50 days at HORDE are nothing short of a triumph for the team, but instead of taking a victory lap they are pushing forward and working to make HORDE as successful and sustainable as possible. 50 days also marks the ROI date for anyone that bought a pHORDE token at presale for $500 enabling them to make 1 plot.
Oh…I also forgot to mention HORDE’s community on Discord is AMAZING. People that are not even invested in the project come and spend time in the Discord just to take a break from the despair they find in other crypto project Discords. You will find MODs and founders online at all times of the day that make sure every question gets answered and the memes are fresh.
Join the HORDE Discord Server!
For more info check out the Website, Discord, and follow HORDE on Twitter!
The information here is intended to be general in nature and is not personal financial product advice. It does not take into account your personal objectives or financial situations.
