🧵HORDE THREAD + #GIVEAWAY🧵
@HordeTweets - The King of passive income?
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$Horde have kept a stable price & incredible growth, even in a bear market! How??
Let's find out👇
@HordeTweets INTRO
@HordeTweets is a Defi as a Service project that launched in March this year, on the BSC chain.
They launched in the midst of "node season" & out of hundreds of projects, they're one of the few left.
Let's take a look at why they're not just surviving, but thriving.
@HordeTweets How Does It Work?
To enter the ecosystem you create a plot of land which costs 10 $HORDE. Current price is about $1000.
Your plot of land then pays you 1% per day with an ROI of approx 100 days.
To promote sustainability, each plot only pays a 300% ROI(more on this below)
@HordeTweets Smaller Plots!
$HORDE understand the market has been tougher recently. Because of this, they have provided the option for smaller plots to be created.
They work like this.
Souls Stone: 5x $HORDE to create. Total ROI = 250%
Souls Rune: 1x $HORDE to create. Total ROI = 200%
@HordeTweets SUSTAINABILITY
So how have they managed to stay so strong?
They innovated!
You may of seen a few projects talking about a "Stable price mechanism". Well, @HordeTweets pioneered this!
Just look at the chart! They've achieved stable coin like price action for 3 months. 👀😍
@HordeTweets How Is This Possible?
With their novel creation. Liquidity Manager(LM)
It's programmed to keep the price in a certain range by executing buy and sell orders at the right times controlling the direction of the price, strategically.
@HordeTweets Also, Investors know how this moves. So as the price drops & the LM buys, so do investors. This adds to positive price action!
Once up higher & the LM sells, so do land owners. Utilising the higher price to sell rewards, further adding to the sell pressure.
Rinse. Repeat!
@HordeTweets You're probably thinking if it's that predictable, trading it would be easy. To counteract this, there's a 10% tax on selling.
The LM has increased in size consistently, even in a bear market! They currently have over...
$1.49m in the LM
$579K in the treasury
& still growing!
@HordeTweets But this isn't enough on it's own...
The two biggest issues that took down most node projects were...
1. No/lack of revenue/utility
2. Ever increasing sell pressure
Let's cover how they're solving both these problems.
@HordeTweets 1. No/lack of revenue
@HordeTweets LM has been so successful that they're selling it on as a service for other projects to use.
This means that they receive a percentage of every transaction executed on their customers platforms, generating solid revenue.
This is called LMS.
@HordeTweets 2. Ever increasing sell pressure
The biggest problem that created unsustainable sell pressure was whales acquiring as many nodes as possible, achieving ROI & just dumping hard! This isn't possible with $HORDE.
As mentioned earlier, each plot expires after a 300% ROI.
@HordeTweets This creates a fair playing field!
With the proven stable price, each investor is confident in achieving their ROI. This means they're also confident compounding/re-investing, creating consistent buying.
The LM combined with the 300% ROI decay has solidified their growth!
@HordeTweets NFT's & P2E Game
On top of earning revenue by selling their LM as a service to other projects, they're producing a P2E game that is set to release in Q3.
Plot owners can also purchase NFT's that
1. Increase daily yield on plots
2. Allow access to exclusive section of P2E game
@HordeTweets SECURITY
- Certik audit certik.com/projects/horde
- KYC by Assure
- Liquidity locked
- Multisig with team members.
All seems in order here!
@HordeTweets The team are also running an epic giveaway themselves around their new smaller plot sizes. You can check it out here...
@HordeTweets At this stage it's hard to be negative about $HORDE.
- They've grown in a bear market
- Created legitimate revenue sources, earning now!
- Node decay at 300%
When assessing a project like this you have to be able to answer the "How do they sustain this long term" question.
@HordeTweets The LM stables the price & keeps investors happy
This creates positive investor sentiment and willingness to reinvest, creating a positive buying loop
Plots decay after 300% managing selling pressure
Profits from revenue streams feed into the project
= Well oiled machine!
@HordeTweets Nothing in this thread is Financial advice. It's simply my reveiw of a project that i think deserves some recognition and has created a very innovative system!
If you want to buy $HORDE you can use their DEX, souls swap.
All official links below.
Thanks for reading! 🙂
@HordeTweets Website - horde.games
Discord - discord.gg/horde
Twitter - @HordeTweets
Buy $HORDE - dapp.horde.games/soulsswap
CORRECTION!
The treasury in fact has over $1,000,000 in it!
Massive growth 🚀
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