Hand of God
  • Welcome to Hand of God
    • Getting Started
    • Hand of God Overview
    • Disclaimer
  • Protocol
    • Hand of God Phases
    • Genesis
    • Elysium (Farms)
    • Elysium Autocompounder
    • Elysium Zapper
    • Sanctum (Boardroom)
    • Purgatory (Bonds)
    • Tokens
    • How to Play? (Strategies)
  • AI agent
    • Introduction
    • Elysium Prompt
    • Sanctum Prompt
    • Contract Modifications
    • The Future
  • About us
    • Our Team
    • Roadmap and Risks
    • Tokenomics
    • Smart Contracts
    • Reporting and Security
    • Hand of God Links and Socials
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On this page
  • Purgatory Bonds: Dynamic Adjustments
  • What is $BHOG (Bonds)?
  • Why Should You Buy $BHOG?
  • Incentives for Holding $BHOG
  • Final Thoughts 🏹
  1. Protocol

Purgatory (Bonds)

The Bond Mechanism of Hand of God

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Last updated 21 days ago

Purgatory is where bond mechanics come into play, providing a stabilization tool for the Hand of God protocol. Through BHOG (Bonds), users can help regulate the $HOG peg, reduce supply during contractions, and earn potential rewards during expansions.

Purgatory Bonds: Dynamic Adjustments

Each epoch, the Hand of God AI may adjust:

✅ Bond Redemption Timing – The premium threshold at which bonds can be redeemed. ✅ Redemption Premium – The bonus rate for redeeming BHOG for $HOG when above peg. ✅ Bond Buying Discount – The incentive rate for purchasing BHOG during contractions. ✅ Expansion Rate in The Sanctum – The amount of new $HOG minted per epoch.

These AI-driven adjustments ensure flexibility and stability, adapting dynamically to market conditions.

What is $BHOG (Bonds)?

Bonds ($BHOG) are special tokens designed to help stabilize $HOG’s price around its peg by reducing the circulating supply during contraction phases. When $HOG’s TWAP (Time-Weighted Average Price) falls below peg, users can purchase BHOG at a discount, reducing $HOG supply and supporting price recovery.

When Can You Buy $BHOG?

🔹 BHOG is only available during contraction phases, when $HOG TWAP falls below 1 [TBD]. 🔹 Supply Limit Per Epoch: A maximum of 3% of $HOG’s circulating supply is available for purchase per epoch. 🔹 First Come, First Served: Anyone can buy BHOG if supply is available, as long as they have enough $HOG to exchange for it.

💡 Important: The BHOG TWAP is based on the previous epoch’s closing TWAP of $HOG, meaning it is not real-time.

Why Should You Buy $BHOG?

1️⃣ Help Maintain the Peg

By purchasing BHOG, you contribute to $HOG’s price stability, ensuring the protocol remains healthy and sustainable.

2️⃣ No Expiration – A Long-Term Investment

Unlike other DeFi bonds, BHOG has no expiration date, allowing you to strategically time your redemption for maximum benefit.

Incentives for Holding $BHOG

To reward and protect BHOG holders while preventing market manipulation, the protocol offers two redemption options:

1️⃣ Standard Redemption (No Bonus)

  • Redeem BHOG for $HOG when $HOG TWAP is between 1.0 – 1.1 OS.

  • No bonus applies—this prevents instant sell-offs after peg recovery.

2️⃣ Premium Redemption (With Bonus)

  • Redeem BHOG for $HOG when $HOG TWAP exceeds 1.1 OS.

  • Earn a redemption bonus, rewarding long-term holders.

The longer you hold, the greater the benefit—both for you and the protocol. By strategically managing BHOG purchases and redemptions, you can maximize your yield while supporting the Hand of God ecosystem.

Final Thoughts 🏹

Purgatory Bonds ($BHOG) serve as a critical stabilizing mechanism in Hand of God, ensuring the protocol remains resilient against price fluctuations. Whether you're looking to help maintain the peg, earn incentives, or strategically invest in the ecosystem, BHOG provides a unique opportunity to do so.

Stake wisely, time your redemptions, and strengthen Hand of God’s foundation. ⚖️🔥