What is Hot'n Cold Finance
What is the project about?
Hot'n Cold Finance is a contemporary dex approach formed by the combination of two different financial models. This new model is an on-chain system of smart contracts on the JUNO Network that leverages CosmWasm. These smart contracts implement an automated market maker (AMM) protocol based on the constant product formula.
What’s next for your project?
Roadmap
Flower Accelerator Program Part 1: Q4 2022
HOT Dex Launch: Q1 2023
COLD Dex Launch: Q1 2023
COLDswap (Permissionless OTC trade platform): Q1 2023
Flower Accelerator Program Part 2: Q2 2023
HOTpad (Permissionless launchpad platform): Q2 2023
What can your token be used for?
Hot'n Cold Finance's native token is $HNC: a transferable representation of attributed utility functions; namely, liquidity, staking, and governance, specified in the code. It is therefore designed to be a utility token essential to the protocol. 100 million $HNC tokens were minted at genesis. The total supply of $HNC is hard-capped and will not exceed 100 million tokens.
Hot'n Cold Finance is structured as a progressive DAO which starts as semi-technocratic governance and evolves to a fully decentralized DAO over time, where the community can create and vote on proposals to steer protocol development and community fund management. This governance framework leverages DAO DAO architecture. Votes will be proportional to the amount of HNC in a user's account. HNC can be converted to HOT or COLD. During the transformation, 1 HNC is divided into 100 parts and these parts become HOT or COLD at the request of the user.
Hot'n Cold Finance vs Stoic
It's almost impossible to predict which cryptocurrency will eventually emerge as the leader.
There is no guarantee that In 5 years, HNC would still even exist. Another faster and cheaper blockchain might capture the majority of developers, users, and capital. Or some critical failure of HNC might derail its progress.
Because the probability of guessing the winner is low, it's better to use a portfolio approach and buy all possible contenders, including HNC.
Stoic builds a portfolio by using hedge fund-grade quantitative research and AI to build a portfolio of crypto assets.
The algorithm analyzes price data, returns, volatility, correlations, and other factors to identify coins that are likely to go up. It then rebalances the portfolio daily to cut losses early and take profits regularly. Stoic is a great alternative to researching coins and trading manually.
Over 12,000 people already use Stoic to automate their crypto investing.
