Welcome to Holder Finance, A highly scarce, community centric value retention token that resides on the Ethereum DeFi network.
HFi is a project within the Ethereum network. It aims to become the best store of value token benefiting from the Ethereum network advanced technology, and to be the first Holders centric project of the Ethereum DeFi ecosystem. It rewards early adopters and Holders of HFi who stake this community-driven token. Indeed, the longer you stake HFi, the more you are rewarded by earning more HFi. The very limited total supply combined with the huge potential of the Ethereum ecosystem converge to develop the decentralized finance (DeFi) exposure.
HFi builds its own DEX forked from UniSwap with 4 exclusive new features:
• HolderSwap OTC Desk – HFS v1 (please read the OTC explainer document on our website)
• Limit orders – HFS v2
• Dynamic trading fee adjustment – HFS v3 (Rewards HFi holders, Traders & Liquidity providers)
• Liquidity providing cap – HFS v4 (Incentivize HFi holders with reserved seats for LP)
The governance token HFS for HolderSwap token rewards all HFi holders as well as traders and liquidity providers.
What is HolderSwap v1 - OTC Desk?
• Dedicated services for early users:
Includes a simple UI, a quickstep guides document, as well as a service support in the Holder.Finance Telegram channel. From the initial registration all the way through to trade execution, with trade reporting the HFi team looks to give you the best experience in our decentralized Dapp.
• A decentralized Dapp for a worldwide coverage:
The OTC Dapp provides Global Coverage for any country, any timezone. Support will be provided 24/7. The Dapp is built in a smart contract on the Ethereum Network. Therefore, the traders have full transparency in real time on their transactions.
• Full TRC20 & ERC20 assets support:
In addition to OTC wBTC and wETH trading, the Holder.Finance OTC Dapp can support all TRC20 and ERC20 tokens including the stablecoins such as USDC or USDT.
The trading fee of the OTC Desk will be free until 12/31/2020 and will be free forever for HFi tokens Holders.
What is HolderSwap v2 - Limit orders?
A limit order is an order that you place on the order book with a specific limit price. The limit price is determined by you. So when you place a limit order, the trade will only be executed if the market price reaches your limit price (or better). Therefore, you may use limit orders to buy at a lower price or to sell at a higher price than the current market price. This feature (at the date of writing) is unique. Indeed, only HolderSwap provides this feature as a DEX (Decentralized Exchange).
Unlike swaps, where trades are executed instantly at the current market price, limit orders are placed on the order book and are not executed immediately but only when the set sell price is reached.
This feature permits traders on HolderSwap to set their own trading strategy without the need of constantly following the price action on the Swap feature.
Any DEXs’ users/bots can use our protocol of limit orders on Uniswap, Sushiswap or any other swap. This is called an asynchronous approach to a swap. HolderSwap’s bots or users (called workers) can continuously check the smart contract using the webpage and see if there is any profitable trade to be executed.
This is called arbitrage trading. Arbitrageurs can use our limit order protocol to set limit orders on any other DEX. The difference with the arbitrage trading on CEXs (Centralized exchanges) is that the arbitrageur doesn’t need to transfer their funds into different wallets as they manage their Metamask account and can place orders into any DEX they prefer. They will save the transfer fee associated and will increase their profits.
What is HolderSwap v3 - Dynamic Trading fee?
Usually, the trading fee calculation system of exchanges is linked with each trader’s own volume on the exchange platform which means that benefits the best to big volume traders. We think that this system is unfair as it is only beneficial to “whales”, therefore, we are developing the “Dynamic trading fee adjustment” feature in HolderSwap. The trading fee is calculated according to the volatility of each asset which is significantly more equitable.
This service provides a dynamic trading fee for each trade according to the price movement occurred in several time frame snapshots (24h, 3 days, 7 days). The dynamic trading fee algorithm sets the trading fee from a low value of 0.05% to a maximum value of 1% fee.
What is HolderSwap v4 - Liquidity Pools Cap?
By providing liquidity to a pool (by contributing the pool’s required tokens), you are earning a dynamic fee from all the trades (aka swaps/limit orders). The fee % is calculated by our unique algorithm. This is based on your proportional ownership of the pool.
This daily LP fee/reward is calculated as follows:
For 1USD invested as liquidity providers = (24h volume pairs)*(dynamic fee 0.05%-1%)/(total liquidity pairs)
It is critical to know that the higher the difference (Delta) between the total of liquidity in the pool and the daily volume, the smaller the daily reward is. HolderSwap develops a feature in its algorithm to set a cap to the total of liquidities being provided into each pool. This cap isn’t superior to twice the amount of the 24H volume.
You can see in the table below few examples which underlines the importance of this feature:
HolderSwap governance token HFS and Tokenomics
HFS is the governance token of HolderSwap. By trading on HolderSwap, traders are rewarded by receiving a fraction of HFS token in their wallet. They are able then, either to sell their tokens for profit, stake them into the dedicated mining pool to earn more tokens or hold them into their wallet to bet on an appreciation of the price in the future.
For every trade/swap, limit order or OTC trade/deal, a trading fee is applied. All traders mint a fraction of HFS token, 35% of the minted HFS is distributed to traders, 50% to the staking pool, 5% to HFi Holders, 5% is used for HFi market price buy-backs, and the last 5% are sold at market price to pay the continuous marketing of HFi. One entire HFS token is minted at a $10,000 worth trading volume.
Security Audit & Partnership
In order to ensure a perfect transparency and trust for HFS users, HolderSwap will only list ERC20 tokens with either a full smart contract audited by CTDSEC (our security audit partner), or an open source contract. Hence, HFS is ensuring a perfect safety for users to avoid any scam or fake projects/tokens.
HolderSwap v1 - OTC Desk Smart Contract has been audited and certified by CTDsec.