HORDE: A look back at 100 days of stability.

While most projects are on a downhill trajectory to $0.00 after 100 days, HORDE is just hitting its stride, not running out of gas.

So much has happened in the first 100 or so days since launch it can be hard to keep track of it all. Here is a recap of the first 50 days or so and we will try to catch you up on the rest here!

If you are new here and don’t know what HORDE is about here is the TLDR summary…

HORDE is a DeFi protocol that offers investors consistent returns on their investments. Whether someone invested on Launch Day (March 22nd) or day 100 they continue to get 1% of their investment in HORDE back daily. Other projects pump out similar returns but with tokens worthless and less as time goes on. That is the benefit of HORDE, consistent rewards at a consistent price thanks to HORDE’s Liquidity Manager. The beauty of HORDE is its simplicity: no complicated vesting, no buy tax, no sliding sales tax, no tiers, no levels. HORDE is a protocol that just plain works, a team that delivers, a community that is second to none and we are just getting started.

A Recap of Days 50–100ish

On day 50 after launch, HORDE investors had created just over 6000 plots, NFTs were about to launch, the Certik Audit was 99% complete and those who bought pHORDE tokens at presale for $500 had hit ROI. If you have been keeping up with the project, you will realize just how much has transpired since then!

Day 52 — May 13th NFT Launch

The NFT launch went off without a hitch on May 13th with all proceeds going to the HORDE rewards pool. To date over $300,000 of HORDE tokens were added to the rewards pool from NFT sales. The HORDE NFTs boost rewards on plots and are still available.

In addition to boosting daily rewards the NFTs:

• 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

Day 65 — May 26 HORDE Changes the Game and Introduces LMS

So many DeFi projects look to stay alive via complex tokenomics, or a constant stream of new investors to hold the bag for early adopters. HORDE looked to solve this issue with a multifaceted plan to make the protocol sustainable and equitable.

The three main ways HORDE planned on doing this are:

• Plots decay after 300 days so no lifetime rewards
• Price stability keeps investors from getting 100x on investment and draining liquidity
• P2E game to get money into the protocol from outside investment

These are all still priorities for the HORDE team and will continue to be a way to keep the protocol stable in the long term.

But an interesting thing happened as people took notice of how well HORDE’s Liquidity Manager maintained the HORDE token price. It became apparent that other projects needed and wanted a Liquidity Manager of their own to maintain the price of their underlying tokens.

This reality presented an unprecedented opportunity for the team at HORDE and a way to inject revenue into the project. Thus, HORDE LMS was born.

HORDE LMS is a way for other crypto protocols to have their own Liquidity Manager on their protocols without having to code one from scratch with the added benefit of using code that has been proven to work.

Within days of the announcement of HORDE LMS, the team was flooded with inquiries from crypto projects. To date there are 3 confirmed LMS partners:

• Golden Society
• Bloomify (launching mid-July )
• Liquid Capital (presale currently happening!)

While each partner is vetted to make sure they are a good fit for LMS, this does not qualify as an endorsement from the HORDE team. These projects pay a small setup fee for implementation of the LMS and ongoing fees from use.

Each partner’s agreement is unique and created to be mutually beneficial to all involved. To date, HORDE has made over $80,000 in LMS fees which go straight into HORDE’s Liquidity Manager.

Day 83 — June 13th Fractional Plots Launch

On June 13th HORDE launched fractional plots to give more entry points for investors. While Plots cost 10 HORDE tokens and last for 300 days, investors now can buy either Souls Stones or Souls Runes which provide a lower entry point. Souls Stones cost 5 HORDE tokens and last for 250 days before decaying, while Souls Runes cost only 1 HORDE token and last for 100 days. All options give 1% daily rewards based on initial investment until decay. Just like with Plots that have a limit of 100 per wallet, Souls Stones are limited to 2 per wallet and Runes to 10 per wallet. With the advent of fractional plots not only can more investors get access to the protocol it also allows investors to compound faster if they choose to do so.

Where HORDE is at Now and What is Upcoming

The protocol has grown steadily since its launch. At the 50-day mark, the protocol had roughly 6000 plots. At the time of writing the protocol has over 16000 plots created including fractional plots. The LM manager balance has tripled since launch growing from $600,000 to over $1.80MM. HORDE LMS has 3 partners currently with more in the pipeline.

HORDE Partners with Obsidian Enterprise

On July 22nd, the team at HORDE announced that they are partnering with Obsidian Enterprise to offer private, functional KYC (know your customer) services to go along with HORDE’s LMS offering. This service will be used to ensure that anyone with access to a project’s Liquidity Manager multi-sig account has been fully KYC’d using Obsidian’s industry-leading process which includes: Legal agreements, submittal of government documents, biometric face scan, and a recorded Zoom interview. This service adds another layer of security and legitimacy to any project that will be using HORDE’s LMS!

LP STAKING COMING!

In August HORDE will introduce LP staking for HORDE tokens. LP staking is a valuable way to incentivize HORDE holders to provide liquidity. When a token holder provides liquidity (HORDE/BUSD), they receive LP tokens. Since HORDE tokens stay stable at around $100, the risk of impermanent loss is minimal.

By adding liquidity investors earn from all trades on this pair proportional to their share of the pool. Rewards accrue in real-time and can be claimed by withdrawing the liquidity. Getting in early is going to be beneficial for gaining the highest APY possible, as the APY will drop slowly over time as more people join the pool!

The LP staking is flexible and the funds are not locked so you can withdraw your funds at any time.

More information on the LP staking will be available next week when the Souls Paper V2 launches!

On Wednesday, July 27th HORDE will have a live launch event for the Souls Paper 2.0 (whitepaper), which will include an update on the tokenomics of the project, more info on LP staking, and some info on the upcoming P2E game that is in development.

But that is just what has been released! The team at HORDE works continuously to grow the protocol and make it the best it can be. Within a few weeks, there will be a relaunch of the HORDE website as well as more partnerships and utilities for HORDE tokens.

And these are just some of the highlights. For the latest and greatest in real-time check out our Discord, and follow HORDE on Twitter! Keep an eye out for the new HORDE Website and check out our other articles on our Medium page.

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.