Presented by Resonate Finance, HRFI is a longevous token that has multi-functions while the most import one called Resonate.
Effortless Yield Generation. Hold and Watch Your Income Rise.
Our name is deduced from the fact that fees charged from transactions are SYNCHRONOUSLY shared among token holders via our Rebase Mechanism. This resonates a positive impact on the wallet balance of every token holding platform members.
Resonate Finance operates by charging a fee with Variable Rate on all transaction activities. Fee sharing is instant as it is executed by a smart contract that triggers a rebase which causes a resonance in the wallet address of all token holders. As such holders do not need to wait or stake for fees to be remitted.
Fee range is from 0%~5% depends on the volume transferred, the less volume with less fees, the higher volume with higher fees.
Our Unique Value Proposition
Resonate Finance is run by smart techies. Our smart contract block fee earning from certain wallet addresses like those from exchanges and Uniswap pool. As a result of this, all the fees generated from transactions on our platform are shared among our token holders.
This technology can also add excluded addresses freely and give different authority to certain addresses. This gives us a big operation space in the future to support the DAO governance.
The fee that goes into your wallet is calculated based on the amount of token you hold. With this, a much higher ROI is generated than would be possible using other methods of fee sharing.
Dual Return Streams
As with most DeFi projects, platform users only earn when they stake or leave their token in a smart contract. However, with us, token holders can also earn by using their token for yield farming, third party lending and similar DeFi smart contracts. This adds to their yield stream with transaction fee sharing.
To enable this, our smart contract opens new methods that allow staking contracts to effortlessly work out the fees realized by each token holder whether funds are pooled together or not for any period of time.
This is a novel innovation that facilitates direct staking of our token and double yield generation. A competitive advantage that gives us an upper hand in the industry.
Constant Deflation Mechanism
A certain number of tokens will be sent to Ethereum blackhole address in the very beginning, it will create a big attraction effect which gives token price positive impact.
The blackhole address can receive reward from each transaction fee like the wallet of our token holders. However, it is meant to constantly reduce the amount of token in circulation thereby causing scarcity and driving up the token price to the benefit of holders.
Nobody can touch the tokens in blackhole, so the deflation will last forever.
True DAO governance
Blockchain came to take power from centralized authorities.
With Resonance Finance, no team or central body rewards fees with our token. No interface is required to claim fees from transactional activities and you also don’t need to take any action to have fees remitted to your wallet other than hold Resonance Finance Token.
We offer a free market that is devoid of vaults or safe deposits that can be drained, hacked or misappropriated.
As a true DAO governed DeFi project, token holders have voting right and power based on the amount of token they hold. With this, they can participate in the governance and management of the growth of the platform.