Community Update. We heard your feedback about the token utilities.
29 Jun 2023, 16:10
Community Update
We heard your feedback about the token utilities. We want to add value to our token and reward our loyal holders in addition to our governance system. We’ve received many different ideas, and we’re very interested in integrating real-yield DeFi into the platform.
In "real-yield" DeFi, token holders receive revenue. 💰
The revenue is sustainable, generated by protocol fees, and then redistributed. This means we can distribute a portion of revenue from fees to HORD token holders. 🪙
By implementing governance & potentially integrating real-yield DeFi, Hord will build a future where users play a vital role in the platform! These steps will further decentralization and make Hord the 1st LSDfi protocol to share its success with its users.
The real yield DeFi proposal will be published as soon as Hord's Governance launches. We hope to discuss the proposal and receive vital feedback for this important step in Hord's evolution. 📃