How does Blast Hoge benefit Hoge Finance?

Blast Hoge is spearheaded by established community leaders and members from Hoge Finance, with a strategic vision to extend the Hoge ecosystem into Layer 2 solutions. This expansion is designed to enhance the utility and rewards for those who have invested in HOGE on the Ethereum Layer 1 network, leveraging the lower fees, inherent incentives, and a wealth of innovative protocols available on the Blast Network.

This initiative includes a series of strategic airdrops targeted at the existing community and early supporters of the project and ecosystem, ensuring they benefit directly from the network's growth and innovation. Who's Behind Blast? The Blast Network was created by "Pac-Man" Tieshun Roquierre, founder of BLUR- the #1 NFT marketplace worldwide over the past two years. Pac-Man and Blur are infamous for their previous airdrops and user incentive structures, with the BLUR airdrop being the biggest of 2023. Blast is heavily supported by Paradigm, and a slew of other notable funds. In the past, Paradigm has also backed notable projects such as Coinbase, Uniswap, Opensea, Code4rena, Compound, and of course- BLUR. Pac-Man has consistently emphasized the mission of the Blast network: to establish itself as the Layer 2 solution with the most compelling incentives for users.

This commitment is evident as Blast has amassed over $2.6 billion in total value locked (TVL) just one month following its mainnet launch. Being an early adopter within the network's ecosystem positions us to leverage this substantial exposure and incentive structure, translating them into tangible gains, growth, and enhanced utility for HOGE.

Understanding the Opportunity

The landscape is clear: there are a limited number of projects on Blast, yet the network commands a significant amount of TVL. Consider Pacmoon, the leading memecoin on Blast, which boasts 21,000+ holders and a market capitalization of $22 million. At launch, it was the focal point of the Blast ecosystem with just $55,000 in liquidity (and less than 5% of total tokens).

The upcoming airdrop to existing HOGE holders will not only expand our holder base but also solidify our status as the most established community within the network. Furthermore, we are set to welcome additional communities through subsequent airdrops and initiatives.

HOGE Airdrop

Through allocating 10% of the HOGE airdrop to the HogeDAO treasury, Blast Hoge invests in the community’s future. This strategic funding is earmarked to foster further gains and growth.

Blast Hoge empowers the HOGE community to fully leverage their Ethereum investments on Layer 2—benefiting from lower network fees, attractive network incentives, and advanced financial mechanisms like rebasing yields, ETH reflections, and staking options that are readily available on the network. Additionally, new trading pairs and platform integrations are being developed to enhance liquidity and trading opportunities, such as the HOGE/BLASTHOGE and HOGE/USDB pairs for yields.

This strategic approach ensures that HOGE not only expands its utility and presence but also reinforces its position as a leader in the cryptocurrency space. ECOSYSTEM EXPANSION

As Blast Hoge diligently expands its ecosystem through strategic partnerships, we are poised to enhance integration opportunities for our $HOGE on ETH parent token. This initiative is designed to attract additional users and value to the Blast network, presenting an exceptional opportunity for the HOGE community amidst the evolving landscape.

Our robust presence and the limited number of projects on the Blast platform position us to establish a leading voice in discussions about Layer 2 solutions. This strategic positioning enables us to significantly enhance the value we offer to our community.

Blast Hoge is already delivering new utility and rewards for engagement across platforms such as DistrictOne, as well as through gaming and interactive experiences on Decentral Games. With a 30% token allocation (pre-burn) dedicated to the HOGE community and DAO, we are excited to announce that all holders will soon receive an airdrop. This initiative ensures that they are among the earliest beneficiaries, at no cost, with tokens that are immediately usable.

This approach not only rewards our loyal community members but also strengthens their engagement with the innovative services we continue to introduce. Blast Hoge operates as a community-driven initiative and does not officially represent HOGE Finance. We are currently awaiting a formal endorsement from HOGE Finance to solidify our position within the ecosystem.