Sykodelic Profile picture
Apr 24 25 tweets 8 min read
🧵HORDE THREAD🧵

Node investors have felt disheartened over the last few weeks, with many projects price dumping!

But not @HordeTweets! They've achieved insane price stability.

Could they be the first ones to crack sustainability?

Let's find out! 👇🏻

#nodes #passiveincome
INTRO 🎬

Horde is a DaaS project operating on BSC! To join their ecosystem investors buy 10 $HORDE tokens, which they use to create a plot of land.

This rewards them with at least 1% per day. After they receive 300% of their ROI the land is burned(more to come on this later)
They are also building a Zombie P2E game that will be the basis of the platform.

You're probably thinking, "not another P2E game... original!" But I can assure you, what HORDE are doing is very original and very innovative.

You'll be glad you kept reading.👇🏻
INNOVATION 🎨

Up until this point, every single Node or DaaS project has suffered from price stability issues. Many pumping early then slowly bleeding down to 90% from their ATH, with many staying there.

Not $HORDE! They have transcended this in two very innovative ways...
1. Each plot of land is over run with Zombies after a 300% ROI and is burned.

One of the main factors of huge price dumping with NaaS projects is early investors getting their ROI quick, then compounding to infinity and bleeding the project dry, as the nodes last forever!
With $HORDE capping their land(node) at a 300% ROI, they completely remove this issue.

Old investors will only ever be able earn the same ROI % as new investors. They can still compound, but this limits it very closely creating a level playing field, & removing sell pressure!
2. They have built a Liquidity Manager(LM) that behaves like a stable coin. This is where they have really innovated!

The $HORDE price range is set to trade between a $10 window. Currently, it moves between $105 - $115.

The LM is programmed to buy and sell at specific times.
How it works...

$HORDE allocated 900k tokens to their LM at launch.

When the price reaches the higher end of the price band, the LM sells $HORDE adding funds to the balance and lowering the price.

When the price reaches the lower end, the LM buys back and raises the price.
As investors know that the LM will do this, when the price reaches the lower end & the LM buys back, new investors can jump in utilising the lower price, helping the price rise.

Investors earning rewards can sell at the higher end, helping push the price down.

Insane chart!👇🏻
One last thing on this mechanism...

Projects dump because the price artificially outgrows the LP over a short period of time, then ultimately corrects, hurting people who bought the top.

$HORDE control this allow it to grow slowly, then conduct orchestrated price increases.
This keeps a high level of health over the protocol & the environment around it.

By buying in before a price hike, new entrants can guarantee themselves a quicker ROI.

By removing people buying the top, they keep FUD firmly away, which is insanely important.

Very impressive!
SUSTAINABILITY 🌎

Combining the stable price & each plot of land(node) & burning after a 300% ROI, they've set themselves up to have a true crack at being sustainable long term.

If investors are 3x on their investment each time, with a solid price, why not keep investing?
All of this is very impressive, but they will still need to generate revenue outside of land creation...

Their current plan is around their P2E game. How good this will be is anyones guess, and it's a very saturated space. I think they may need to add more here.
SECURITY 🔒

- KYC'd by Assure DeFi(Link at the end)
- Audited preliminary by OnlyUp Capital. Current Certik Audit in place
- Liquidity locked forever
- Multisig with KYC'd team members

No socially doxxed team members at this stage.
TOKENOMICS 🪙

Total Supply - 1,111,111 Tokens

Liquidity Management - 900,000
Rewards Pool - 200,000
LP - 11,000
Charity - 111

On Land creation

- 60% rewards pool
- 20% treasury
- 20% Horde Pool

Nice tokenomics. Only comment here is that the team allocation is big.
TAXES & FEE'S 💲

The only fee is a 10% sell tax. This is to stop swing trading.

As the price is stabilised within a $10 bracket, it's almost impossible to make a profit from swing trading the token. Further solidifying the price structure!
COMMUNICATION ☎️

From my experience, & lurking in their discord like the dirty little degen I am, the team pretty much responds instantly. And it's usually one of the founders.

Twitter is active & responsive.

White-paper is informative, but I'd like a bit more detail in there
ATTENTION TO DETAIL 🖌

Backend wise, the system they have developed, in my opinion, is second to none right now. The LM is genius and the chart is speaking for itself. Fantastic!

Front end, I like the theme. I think the design could be a bit slicker. The website is very basic.
SYNERGY 🤝

$HORDE have made several strategic partnerships so far with a variety of different crypto & #web3 projects.

What I love about $HORDE is that at the basis of their project they are built on synergy. The perfect blend of buying and selling, creating and burning.
CONCLUSION 🙏

$HORDE have definitely won the race when it comes to achieving price stability. Their LM is absolutely genius, and it's already been working in the market for over a month.

But will they keep people investing after their land burns?...
I think so!

If their price stability mechanism holds up long term, why wouldn't you invest?

Yeh, your land is burning after a 3x(which still insane!), but it's as close to certain as we have seen so far. If they continue this trend, I can see them becoming a huge player!
I'm eager to see more on the P2E game & I think they'll need more utility as times goes by.

But whats so great about the stable price is that it buys them a lot of time. Keeping this stable, growing slowly & creating very positive investor sentiment.

The UI could better.
Overall, incredible job @HordeTweets!

I give this 4.8/5 SYKOS!

Can't wait to see whats to come. For transparency, I am currently not invested in them. But after this, I will be taking a position, and I feel very comfy with that decision.
I hope you enjoyed the thread team! 🙌

If you did, likes & RT's are always appreciated! A lot of time goes into dissecting all the details in the hope I can make the most fundamental parts easy to understand for you!

NFA. Just some education y'all!

Until next time!
OFFICIAL LINKS!

Website - horde.games
Twitter - twitter.com/HordeTweets
Discord - discord.gg/horde

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Sykodelic

Sykodelic Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Sykodelic_

Apr 25
THIS IS NOT A FLEX! 🙏🏻

It’s getting very hard watching so many people get burned with all these rugs of late 😟

For us to grow #DeFi we need investors to be able to successfully distinguish between good and bad actors, otherwise the whole space suffers!

#nodes #passiveincome
I have never been rugged…. So far!

And although I understand there is a chance it could happen, im comfy in my positions because I put in a high level of DYOR before I jump into anything!

It’s not bulletproof, but it definitely works…
What makes me most angry is we have sooooo many “influencers” that shill these crap projects to their followers, just so they can profit!

Im not going to name any names here, but a few are meant to be nice guys. Im not so sure!
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(