Hakka Finance (HAKKA)
From CryptoWiki
Basics
- A DeFi ecosystem that “Warps Spacetime with Crypto Native Primitives”.
- From Yield Farmer (4-9-2020):
"Hakka’s flagship product - BlackHoleSwap - is a stablecoin DEX offering “nearly infinite liquidity” due to a unique AMM design backed by DeFi lending and borrowing integrations.
“By integrating lending protocols (like Compound) to leverage excess supply while borrowing on the inadequate side, (BlackHoleSwap) can process transactions far exceeding its existing liquidity.”"
History
Token
Launch
Token allocation
- A full breakdown of all past sales, prices, vesting, and more can be found here:
40% Liquidity Mining, 20% future sales, 10% team and advisers, 20% ecosystem fund, 10% dev bootstrap fund
Utility
- From Yield Farmer (4-9-2020):
"It’s operated by the HAKKA governance token, giving holders the right to shape future products along with a supposed claim on future revenue."
Token Details
Stablecoin
Tech
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
- Built on:
- Programming language used:
Transaction Details
How it works
Mining
Staking
Liquidity Mining
- Liquidity mining is set to run for 214 weeks.
Layer Two
Different Implementations
Interoperability
Other Details
Privacy Method being used
Compliance
Oracle Method being used
Their Other Projects
- According to their website: DeFi Handbook, BlackHoleSwap, 3F Mutual, tCDP, Crytpo Structured Fund and Fulcrum Emergency Ejection.
Governance
DAO
- All of these products will likely be incentivized with HAKKA and governed by tokenholders via a HakkaDAO in Phase 4 of the governance roadmap.
Self Funding Mechanism
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
- Blackholeswap has been audited (4-9-2020)
Bugs
Usage
Projects that use or built on it
Competition
Coin Distribution
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].