Sacrifice
Sacrifice Details - subject to change
Hurricash Sacrifice Address
Sacrifice Phase Has Ended.
Hurricash Sacrifice Phase
A sacrifice is performed by a community that believes privacy is a protected human right and blockchains should respect privacy. When an individual address sacrifices they are expressing that they believe in freedom of speech and privacy on the blockchain. As a result they may be awarded points which may let them mint their own HUR tokens. The sacrifice phase will operate much similar to the PulseChain Sacrifice with some minor changes.
Everyone's sacrifice is publicly viewable during the period by checking the public balances of the sacrifice addresses list on each chain. Through the use of block explorers you will be able to know when you might want to sacrifice some more in order to move up in the rankings.
Hurricash Sacrifice Tokenomics
Similar to Pulse 10,000 tokens are added to the total supply for each sacrifice point redeemed, and depending on a users ranking this may fluctuate by a bonus multiplier of up to 2.5x. (Ex. you'll get a maximum 10,000 x 2.5 = 25,000 per sacrifice point if you are in the top 10). This in addition to the base airdrop will form the total supply for the HUR token. This is all theory and no time frame is set for the token. It is possible no token is launched.
How does the bonding curve / Sacrifice Rate work?
Until January 10th 2022 you get 10,000 Sacrifice Points per USD sacrificed. The USD value is calculated near the time of sacrifice. On January 10th 0:00 UTC the Sacrifice Rate increases by 5% to $1.05 per 10,000 Sacrifice Points. The Rate increases by 5% every 24h at midnight UTC. On February 25th the Rate will be $9.91 / 10,000 Points. The process is identical to the Pulsex & PulseChain sacrifice process except only stable tokens and the native gas of the chain is accepted.
Hurricash Valid Sacrifices
Accepted EVM Chains:
Ethereum
XDAI
Binance Smart Chain
Fantom
Harmony One
Avalanche
Arbitrum
Polygon
Optimism
Accepted Tokens:
Any stable coin
Any of the above chains native gas token
HEX
Vesting Schedule:
Vesting is commonly used to achieve stability in emerging markets. We believe this will benefit the Hurricash ecosystem as a whole in the long run. Our current theory for the vesting schedule for those who have sacrificed is as follows.
| Vesting Phase | Release Date | Percentage Of Tokens Released |
|---|---|---|
First Phase | Unknown | 10% |
Second Phase | After One Month | 20% |
Third Phase | After Six Months | 20% |
Fourth Phase | After First Year | 25% |
Fifth Phase | After Second Year | 25% |
You choose to mint your own tokens for free and must have no expectations. We have no current release date for a token launch.
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