Tokens
Tokens Overview
Last updated
Tokens Overview
Last updated
Hand of God employs a multi-token system to maintain $HOG’s peg, provide governance functionality, and stabilize the protocol during market fluctuations. The three core tokens in the ecosystem are $HOG, $GHOG, and $BHOG.
$HOG is the primary token of the Hand of God protocol, designed to function as a medium of exchange while maintaining a soft peg to $OS.
The $HOG contract address is: 0xB3804bF38bD170ef65b4De8536d19a8e3600C0A9 And the chart is found on Dexscreener.
✅ Algorithmic Peg Mechanism
$HOG is pegged to $OS through an algorithmic system, not collateralization.
✅ Price Volatility
Unlike traditional crypto-backed or fiat-backed stablecoins, $HOG’s price may fluctuate above or below 1 $OS based on market demand and supply mechanics.
💡 Important: $HOG actively adjusts toward its peg through protocol incentives, but it is not guaranteed to always be valued at exactly 1 $OS.
$GHOG represents both governance rights and protocol ownership within the Hand of God ecosystem.
$GHOG has a total supply of 70,000 tokens, to be emitted over 12 months.
The $GHOG contract address is: 0x0e899dA2aD0817ed850ce68f7f489688E4D42D9D The $GHOG-$OS pair supported for our farm is: 0xD1CB1622a50506F0fDdf329CB857a0935C7FbbF9
✅ Governance Participation – $GHOG holders will vote on protocol changes, such as emission rates, AI algorithm adjustments, and treasury management.
✅ Protocol Confidence – The value of $GHOG reflects market confidence in the protocol’s ability to maintain $HOG near its peg.
✅ Rewards Mechanism – $GHOG is earned through staking and liquidity farming, incentivizing long-term participation.
$BHOG serves as the protocol’s stabilization mechanism, incentivizing HOG supply adjustments during contraction periods.
The $BHOG Contract address is: 0x10c3F87e6af1acAbb6f9A6AEdc5e5d897F683C24
1️⃣ Issued During Contractions – When $HOG TWAP (Time-Weighted Average Price) falls below 1 $TBD, users can purchase $BHOG using $HOG.
2️⃣ Deflationary Effect – Buying $BHOG burns $HOG, reducing circulating supply and helping push the price back toward peg.
3️⃣ Redeemable at a Premium – When $HOG price recovers above peg, users can redeem $BHOG for $HOG, receiving extra incentives for holding bonds longer.
💡 Summary:
When $HOG < 1 $OS → Buy $BHOG (reduces supply, supports peg).
When $HOG > 1 $OS → Redeem $BHOG for $HOG + bonus (controlled inflation).
This system ensures that $HOG supply expands and contracts dynamically, helping the protocol maintain long-term price stability.
