HOGE, formerly known as Hoge.Finance or Hogecoin, describes itself as a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply. HOGE was fair-launched on February 7, 2021 with no tokens allocated to the team. Initial HOGE supply was 1,000,000,000,000 with half (500 billion) permanently burned at launch.
A 2% tax is levied on every HOGE transaction that takes place. 1% of that tax is sent to the burn wallet and permanently removed from the supply. The other 1% is redistributed to all wallets holding HOGE outside of exchanges.
HOGE launched with the intention of simply being a deflationary “Doge but DeFi”. However, a team of HOGE founders with a larger vision stewarded the project toward a more philanthropic and utilitarian roadmap.