HotFriesCoin: The World's Newest Stable Coin

INTRODUCTION TO STABLECOINS

As an alternative to bitcoin or other highly volatile cryptocurrencies, stablecoins may help decentralized cross-border lending by offering a secure online environment for peer-to-peer transactions. In contrast to other cryptocurrencies, stablecoins are designed to have a fixed value. Other assets, like the US dollar or gold, are linked to these contracts.

A cryptocurrency without the high volatility of a stablecoin would be more widely accepted as a legitimate means of making purchases, and this would help the cryptocurrency market grow. A payment mechanism whose value could depreciate the next day won't be accepted by many businesses. Stablecoins can be compared to cash withdrawals from a cash machine.

What Is The Hotfriescoin?

Stable Coin is the goal of Hotfriescoin, a new cryptocurrency that aims to provide just that. Moreover, it is the first stable coin that possesses all four of those properties. When Hotfriescoin utilizes a reverse merchant solution, it will significantly reduce its fees. Stable Progressive Coins (SPCs) are a new type of cryptocurrency created by the team at Hotfriescoin. Here, I'll go over the fundamentals of Hotfriescoin. Let's get this party started, shall we?

Many cryptocurrencies have struggled with "STABILITY," but this idea may help the crypto world attract more investors. The project relies on ensuring that there is enough money invested in it, which can only be achieved by ensuring that the supply is constant based on demand to keep the cryptocurrency stable at all times and also to generate funds f

If you invest in Hotfriescoin, you'll reap the benefits.

HotFriesCoin holders will benefit from this, and the project will be structured to develop through the collective contributions of all currency holders in the future.

Stability and security: The significant volatility of cryptocurrency is well-known. By maintaining the price of Hotfriescoin steady at $1 USD, the coin will bring stability and security. In order to keep the value of our stable coin stable, it will be backed by assets in our reserve fund.

Reflection: HFC holders will receive 8% passive income, as well as 2% in treasury distributions from the government.

HFC that may be purchased and sold is included in this category. It is completely decentralized, therefore there is no single person or group behind it.

The HFC token's primary function is to facilitate the distribution of the revenue generated by the Hotfriescoin tokens. To put it another way, the more people use and build on the Hotfriescoin platform, the more revenue will be made from their products and services, which will then be shared back with all holders of HFC tokens.

Non-custodial treatment and unrestricted financial aid are the hallmarks of being backed. As with any other decentralized exchange, HFC Coin is the sole property of the user.

As a result, the system is both fair and transparent. Coins are only generated when they are acquired, and they are only burned when they are sold.

Uses for the Hotfriescoin ($HFC) Token

The Hotfriescoin DEFI protocol's native currency, Hotfriescoin, is based on Binance Smart Chain and uses Hotfriescoin. DEFI token holders can utilize Hotfriescoin to participate in our platform and earn interest on their tokens. BUSD stablecoin holders can earn interest on their holdings using this project's decentralized network. PoW and PoS mechanisms will be used to distribute the infinite amount of HFC tokens.

In the Hotfriescoin protocol, there will be no fees for users, but the amount of HFC that a user can earn each day will be decreased by the gas fee for network transactions. For now, the primary purpose of Hotfriescoin is to act as a store of value, decentralized exchange with BUSD, the Limited Partnership Token (LPToken), and as a staking incentive.

There will be a starting pricing of 1 HFC = 1 BUSD for hotfriescoins.

10% of the transaction value is deducted as transaction fees for every purchase or sale.

Following is a breakdown of costs:

8 percent will be distributed equally across all holders.

Give 2% of your coin to the hotfriescoin fund.

The yearly APR for each bearer is up to 584 percent with the 10% transaction charge, which is higher than any other DeFi protocol's ROI to date.

A Guide to Using Trustwallet and PancakeSwap to Buy and Hold $HFC Tokens

To buy and hold $HFC tokens, here are the five steps you need to follow:

Obviously, you'll need to build a wallet in Trust Wallet.

Once you have downloaded the Trust Wallet, follow the instructions to create a wallet. The 12-word seed phrase should be kept a closely guarded secret at all times.

To get started, visit https://trustwallet.com/ and sign up for an account.

Buy BUSD in the BEP20 secondarily

From the app's top drop-down menu, select "Smart Chain" (BNB). Your purchase should proceed as anticipated. In order to complete your transaction, it may take a few minutes to go through. Just sit tight and wait.

The BEP20 network is the best place to buy BUSD

the following address is the BUSD contract: 0xe9e7cea3dedca5984780bafc599bd69add087d56

Swap BUSD for HFC Token in Step 3

At the bottom of the page, click the "Swap" button. The top position should be taken by BUSD, and the lowest position should be held by Hotfriescoin (HFC). Just press the swap button and you're done!

Add hfc as an asset to your wallet in step 4.

Convert 0x849741b79bc1618b46cf9ec600e94e771dede601 into the HotFriesCoin contract address in your wallet ( Trustwallet or Metamask)

The final step is to hold HFC tokens and reap the benefits of holding them.

Conclusion

You're looking at the future, and it's already here. The moment has arrived. There is no centralized institution or player involved in the Hotfriescoin team's novel and unique manner of trading value on a worldwide scale, not even a bank. Because of the unique combination of blockchain technology and finance, Stable Progressive Coin has finally been developed and will be made available on all major exchanges regardless of profitability because this brand new asset class is here to stay. Stable Progressive Coin is another completely innovative and unique asset class that can only be created in the DeFi industry.

To find out more information about HotFriesCoin, please visit the page below :

Website: https://www.hotfriescoin.com
Telegram: https://t.me/hotfriescoin
Twitter: https://twitter.com/hotfriescoin
Facebook: https://www.facebook.com/hotfriescoin
Instagram: https://www.instagram.com/hotfriescoin
Discord: https://discord.com/invite/SatrGDwZ3g
Github: https://github.com/wilkont/Hotfriescoin

Author

Bitcointalk username :ItekKuneng
Bitcointalk profile url : https://bitcointalk.org/index.php?action=profile;u=1423632
BEP-20 wallet address: 0x5B361eBf3626A340b538eeb1Ff4491f53d0F2D68