When DeFi is becoming more and more homogenized and static, Hoo Smart Chain decided to act as a game-breaker, announced the decision to All In Metaverse, and started a reward program for global decentralized developers in March 2022 - "Everything" growth plan
At present, Terra chain has become the second largest DeFi network after ETH with 26 billion TVL. The most important factor is that Terra officially gives its algorithmic stable currency UST a high annualized subsidy, so that UST and LUNA are linked to form a positive spiral effect of aggregated funds.
It can be seen from this that for an emerging public chain, the best way to overtake in a corner is to provide high rewards for projects deployed in the ecology, so as to gather funds, attract popularity, and achieve leapfrog development.
But unlike the Anchor project on the Terra chain, Hoo Smart Chain's "All Things Growth Plan" is an incentive for all projects. The "Everything Growth Plan" sets a single project's cumulative maximum monthly 205 from the TVL (total lock-up value) reward scheme, the NFT and GameFi project transaction volume reward scheme, the cross-chain portal reward scheme, and the HOO Token pledge bonus reward. A massive reward mechanism of 10,000 US dollars.
In addition to the high rewards for large-scale projects, Hoo Smart Chain has not forgotten to support start-up small and medium-sized DeFi projects, with a minimum of 1 million TVL to obtain official support rewards.
With a project-friendly reward mechanism, low gas fees, efficient transaction speed, and easy deployment compatible with Ethereum evm, Hoo Smart Chain has become the first choice for many emerging projects, and has also attracted other public chains. of high-quality projects settled in Hoo Smart Chain.
Among them , InfStones, a Web3 infrastructure provider that has received US$33 million in Series B financing, has recently signed up for the Hoo Smart Chain’s All Things Growth Plan. With the public and private API services and node management services provided by InfStones on the platform, customers can deploy their own nodes on Hoo Smart Chain or other blockchains within minutes with one click.
In addition, there is the Web3 project Forward Protocol, which has received $1.25 million in investment from several institutions including Bitcoin.com, CVVC, AU21, X21 and GDA Capital. And at the beginning of this year to complete the seed round and private financing of 2.37 million US dollars, Fantom Foundation, DFG, JSquare, Newave Capital, HyperChain Capital, Prometeus Labs, ZBS Capital, LD Capital and other P2E game Tank Wars Zone will also be in Hoo in the near future. Deployed on Smart Chain.
So far, the "All Things Growth Project" has attracted more than 40 people including WEB3.0: forward, Infrastructure: InfStones, Aggregator: Autofarm, Dex : PuddingSwap, SocialFi: 5 degrees, GameFi: Tank Wars zone Sign up for the home project.
Hoo Smart Chain is an easily scalable and high-performance basic public chain. Committed to providing developers with an efficient and low-cost on-chain environment to run decentralized smart contract applications (DApps) and store digital assets. Since Hoo Smart Chain announced the All In metaverse, based on the four stages of visualization, three-dimensionalization, interaction and metaverse, the metaverse concept of Hoo Smart Chain has been gradually realized.
As the first step of the "visualized public chain" in the four-step plan of the Metaverse, "The Growth Plan of All Things", Hoo Smart Chain launched Hoo Smart Chain for popular tracks such as decentralized application basic protocol, multi-chain cross-chain hub protocol, GAMEFI, NFT, etc. A comprehensive and multi-channel incentive form has been developed to support global high-quality decentralized ecological projects. And it is committed to promoting the development of different sections of decentralized applications, exploring infinite possibilities including visualized public chain ecology, metaverse public chain, etc. It is expected to provide better and more sustainable support for ecological developers and jointly build the future of blockchain.
Hoo Smart Chain official website : https://www.hoosmartchain.com
Registration link for the Growth of All Things Project : http://hk.mikecrm.com/NtPoo5v
Hoo Smart Chain Telegram：https://t.me/HooSmartChainDeveloperGroup