The World's First Stable Progressive Coin - Hotfriescoin

The Introduction

Stablecoins may enable decentralized cross-border lending by offering a secure online environment for peer-to-peer transactions without the need of volatile cryptocurrencies such as bitcoin or the payment of fees to convert money into local currencies. Unlike other cryptocurrencies, stablecoins are designed to have a fixed value. They are linked to other assets such as the US dollar or gold.

Stablecoins would have all of the benefits of a cryptocurrency without the extreme volatility, allowing cryptocurrencies to be acknowledged as a viable way of purchasing goods. After all, most businesses don't want to accept a payment option that would lose value the next day. Stablecoins are analogous to ATM withdrawals.

What exactly is Hotfriescoin?

Hotfriescoin is a new cryptocurrency with the goal of developing a stable coin. It is also the first stable coin that possesses all four of these features. Hotfriescoin will be able to significantly reduce fees by using a reverse merchant solution. Hotfriescoin's team of cryptocurrency professionals created a new type of cryptocurrency known as a Stable Progressive Coin. I'll go over the fundamentals of Hotfriescoin here. So, let's get started.

The project is based on ensuring there is sufficient investment in it, which can only be achieved by ensuring there is a constant supply based on demand to ensure it remains stable at all times and also generating funds for interest payment each month, which has been a problem for many cryptocurrencies in the world, but with this idea we are certain that it may help the crypto world to get more people involved in cryptocurrency.

Benefits of Investing in Hotfriescoin

This can benefit HotFriesCoin holders, and it will be built in the future to make this project actively flourish via the joint efforts of all currency holders.

• Stability and safety : The volatility of cryptocurrency is well-known. By maintaining the price fixed at $1 USD, Hotfriescoin stable coin will guarantee stability and security. Our stable coin will be backed by assets in our reserve fund, ensuring that its value remains consistent.

• Reflection : HFC holders will earn 8% passive income, and 2% of the treasury will be transferred to them as well.

• A sufficient supply : This is the type of HFC that can be purchased and sold. The currency has no owner and no development team; it is completely decentralized.

• Protocol for Cheesy Toppers : The HFC token's primary aim is to allow the sharing of earnings earned by the Hotfriescoin. This implies that as more individuals utilize and create on the Hotfriescoin platform, more income will be made from their products and services, which will then be distributed to all HFC token holders.

• Non-custodial and backed : Financial assistance without conditions and non-custodial treatment HFC Coin retains the user's property, just like it does on every other decentralized exchange.

• Fair and Transparent : There is no initial supply, coins are only generated when purchased, and coins are only burnt when sold, making it a fair and transparent system.

Tokenomics

Hotfriescoin is the native currency of the Hotfriescoin DEFI protocol, which is based on the Binance Smart Chain. Hotfriescoin was created to allow DEFI users to interact with our protocol and earn interest on their token holdings. This concept also includes a decentralized network where BUSD stablecoin holders may earn interest on their investments. The entire quantity of the HFC token is limitless, and it will be distributed using both the PoW and PoS mechanisms. The Hotfriescoin protocol will never charge users fees; instead, the amount of HFC earned by the user each day will be lowered by the network's gas price for transfers. Hotfriescoin will be utilized for a variety of purposes in the future, but its primary aim for now is to serve as a store of value, a decentralized exchange with BUSD, LP tokens, and staking incentives.

A hotfriescoin's initial pricing will be 1 HFC = 1 BUSD. The costs charged on each purchase or sell transaction are 10% of the entire transaction amount.

The following fees will be split:

• The remaining 8% is divided among all holders. 2% is going to the hotfriescoin treasury. The 10% transaction fee results in an annual APR of up to 584 percent for each bearer, outperforming any DeFi protocol's ROI thus far.

The Summary

The future has arrived, and you are witnessing it. The time has come. The Hotfriescoin team has developed a revolutionary and one-of-a-kind method of trading value on a worldwide scale that does not involve any centralized organization or actor, not even a bank. Stable Progressive Coin is another completely innovative and unique asset class that can only be created in the DeFi industry by taking a very small amount of technology and engineering, but most importantly by combining how Blockchain and finance can work together. Stable Progressive Coin has finally been developed and will be released on all major exchanges regardless of profitability because this brand new asset class is here to stay.

For more info :
Website _ https://www.hotfriescoin.com/
Instagram _ https://www.instagram.com/hotfriescoin/
Telegram _ https://t.me/hotfriescoin
Facebook _ https://www.facebook.com/hotfriescoin
Twitter _ https://twitter.com/hotfriescoin
Discord _ https://discord.com/invite/5jEYEnDmE4

Author Details:
Forum Username: Kavindu123
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3374029;sa=summary
Proof of Authentication: https://bitcointalk.org/index.php?topic=5392745.msg59828965#msg59828965
Wallet Address: 0xe2ca4C76352EB9719BDEC08b12B0f194ab9f0632