🤗HUG Token

HUG is the token powering the HUG movement. It is a meme token created to spread love and happiness and do good in the world.

HUG Resource Address

resource_rdx1t5kmyj54jt85malva7fxdrnpvgfgs623yt7ywdaval25vrdlmnwe97

HUGenomics

HUG has a total supply of 100 billion tokens and will be released over five years, each year having a halving on HUGvening.

GoalPercentageAmount

Liquidity and Launch

50%

50B

Proof-of-HUG

30%

30B

Team and Contributors

10%

10B

Fun and Promotions

5%

5B

Founder

5%

5B

Proof-of-HUG

Account: account_rdx12ylvsgmflcvsnwwk8wfqevfv9a35qjwf53vmajydu26j29evz6wn6g

30% of all HUG is allocated to the innovative Proof-of-HUG distribution mechanism, a world first. Liquidity incentives and ecosystem adoption will be things that fall into this category. More details on Proof-of-HUG mining are to come, so stay tuned.

Release schedule Half of the allocation of PoH is released each year, resulting in the following release schedule. In year six, all remaining PoH-allocated tokens will be released.

  • Year 1: 15B $HUG

  • Year 2: 7.5B $HUG

  • Year 3: 3.75B $HUG

  • Year 4: 1.875B $HUG

  • Year 5: 937.5M $HUG

  • Year 6: 937.5M $HUG

Team Members, Community Contributors, and Start Up Costs

Account: account_rdx12yw2hvku6g4jef9gngze734tagqf2vwjrn5qnw99fcvzys53358r0x

10% is allocated to start up costs, onboarding further team members, and rewarding community members who help with significant ad-hoc projects. Any substantial allocations to new team members will be subject to transparency and token-vesting requirements.

Fun and Promotions

Account: account_rdx12yh80l3ppudsupxrv6a7xey9ephdeq2jh0yjmhzmyvkvnw00d2rttp

5% is allocated to fun and promotions, such as meme contests, X promotions, random acts of HUGness, and more.

Founder

Account: account_rdx129hs2e3kzqeq9787kykggraqhxawqkdkea2rk5skp8p24lz65h24v4

5% is allocated to Zombie to align his incentives with the community and compensate him for the time and expenses incurred in pushing HUG forward.

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