Hepa Finance - The traditional centralized financial system

Aboud Hepa Finance

The traditional centralized financial system currently makes the system very vulnerable to being monopolized because there are not many ways for consumers to access financial services where the Centralized financial system requires everyone to go through a centralized authority intermediary such as banks or brokers which of course costs a lot of time and money In a centralized system, when someone will make a transaction in a conventional checking account and each such transaction will be recorded in a private ledger where the history of banking transactions will be managed by large financial institutions or governments which are vulnerable to manipulation and Monopoly.

Introducing Hepa Finance

Blockchain technology via DeFi eliminates this role with a public ledger that is decentralized and distributed on a public network where every financial transaction will be recorded in sophisticated computer code and anyone can access their funds without the need to go through a centralized intermediary and DeFi is one of the innovations in the market. Blockchain that changes the Financial system to be more Decentralized which is a centralized financial system that eliminates the role of centralized intermediaries and allows everyone to conduct transactions through Peer-To-Peer (P2P) exchanges and through DeFI Innovation or Decentralized Finance maximizes the potential of Blockchain transformed into various kinds of financial transactions that are initially simple to be used for more complex finances such as the Traditional Financial System. HepaFinance is a unique DeFi Ecosystem that offers the future of community-driven DeFi systems.

TLDR;
IDO will be on ApeTools

HEPA token (HEPA) — a revenue generating governance token governing the HEPA Finance ecosystem on Binance Smart Chain.

Yield farming on Binance Smart Chain —
Stake;
HEPA/BUSD
HEPA/BNB
HEPA/BANANA
HEPA/TAPE and earn extremely lucrative rewards for being an early supporter. The yield farming system incorporates a unique 95% locked / 5% unlocked token supply design to create a sustainable and long-term farming environment.

HepaFinance only supports MetaMask & TrustWallet

Conclusion

Blockchain is one of the revolutions in the internet world that introduces various new innovations and one of them is DeFi or Decentralized Finance where this is one of the innovations in the Global market through Blockchain technology which has great potential with a large market size and has increased 2x compared to several years The previous one whose users continued to grow, Even so the DeFi Market lack of innovation made this market stalled and therefore Hepa Finance offers all its users a new DeFi system with advanced Smart Contracts and a tax system that maintains the value of the ecosystem through a unique protocol that provides maximum transparency. Hepa Finance also offers secure tokens with the implementation of Withdraw Fees that prevent Flash Loans and a Lock system on tokens that maintains liquidity. This is a very innovative project and I highly recommend you guys to be a part of this great project!

Hard cap

The HEPA token has a hard cap of 500,000,000 tokens and features an extensive lockup model where 95% of earned tokens will be released at a later stage in the future and 5% will be available directly.

The HEPA token will be configured to lock 95% of all newly minted supply during the yield farming stage until 00:00:00 UTC March 25th, 2022.

When 00:00:00 UTC March 25th 2022 has been reached the locked supply will slowly start to unlock on a block-per-block basis until 00:00:00 UTC March 25th, 2023.

By the end of 2022 roughly 290.87 million HEPA tokens are expected to have been minted. At the end of 2023 the supply is expected to reach 460.70 million HEPA and the final 500 million cap is expected to be reached at the beginning of March 2024. From start to finish it’ll take roughly 3 years in total to reach the cap.

Treasury
95% locked / 5% unlocked setup

Note that ALL of the fees are also locked using the exact same emission schedule as previously discussed — the treasuries will be locked until
00:00:00 UTC March 25th, 2022 and it will then take a full year
(until 00:00:00 UTC March 25th, 2023) to fully unlock them.

Pre-minting

Due to the treasuries following the exact same locked emission schedule as regular users we’ve decided to pre-mint a total of 10,000,000 HEPA, or 2% of the expected final hard cap.

The 10,000,000 HEPA tokens will be distributed as follows:

7,000,000 HEPA: IDO Sale on ApeTools

2,000,000 HEPA: Allocated to the liquidity provider (LP) fund. The first action will be to seed initial liquidity for the HEPA/BNB pool.

1,000,000 HEPA: Allocated to the strategic wallet.

Besides these 10,000,000 HEPA there are no intentions to further mint tokens outside the scope of our yield farming contracts/token emission schedule.

Yield Farming
Here’s a short breakdown of the first month’s bonus multipliers:

Week 1: 256x multiplier = 256 HEPA/block = 7,680 HEPA/minute

Week 2: 128x multiplier = 128 HEPA/block = 3,840 HEPA/minute

Week 3: 64x multiplier = 64 HEPA/block = 1,920 HEPA/minute

Week 4: 32x multiplier = 32 HEPA/block = 960 HEPA/minute

The reason we can go crazy with these multipliers is because of the 95% locked / 5% unlocked token supply locking system.

Pools
Hepa Finance will launch with two pools that will reward yield farmers with HEPA:

HEPA/TAPE — 1x pool weight (~9.85 HEPA/block during the initial launch week).

HEPA/BNB — 25x pool weight (~246.1 HEPA/block during the initial launch week).

Withdrawals
Withdrawals
Withdrawal fees in Hepa.Finance range from 25% to 0.01%:

25% slashing fee if the user withdraws from Hepa.Finance in the same block. (This is to prevent abuse from flash loans)

8% fee if the user withdraws from Hepa.Finance under 1 hour.

4% fee if the user withdraws from Hepa.Finance under 1 day.

2% fee if the user withdraws from Hepa.Finance under 3 days.

1% fee if the user withdraws from Hepa.Finance under 5 days

0.5% if the user withdraws from Hepa.Finance after 5 days but before 2 weeks.

0.25% if the user withdraws from Hepa.Finance after 2 weeks but before 4 weeks.

0.01% if the user withdraws from Hepa.Finance after 4 weeks.

The fee system is designed to disincentivize short-term farming and selling pressure but still be fairly reasonable for those who only wish to yield farm during shorter time periods.

Withdrawal fees from Hepa.Finance are calculated based on the block of your previous withdrawal. If you have not withdrawn from the pool previously, they are based on the block of your first deposit.

Liquidity

The founding team will commit ~$10k worth of BNB to the HEPA/BNB pool to allow for users to easily swap to HEPA in order to enter the HEPA/BNB liquidity farm.

The HEPA/BNB pool on Hepa Finance will initially be seeded with a price of $0.005 per HEPA.

ApeSwap router will be used for all transactions.

Resources

Website: http://www.hepa.finance/
Telegram: https://t.me/hepafinance
Twitter: https://twitter.com/HepaFinance
Medium: https://hepafinance.medium.com

Author:

Forum Username: apamasyah46
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2168149
Telegram Username: @munarmng
Twitter Url Link : https://twitter.com/munarpasse
Medium Url Link : https://medium.com/@munarpasse
Participated Campaigns: blogging/article
Smart Chain (BSC) Wallet Address: 0xfbd7B331A6de07686d7a1860F3E71112EF41e4b1