🫂Intro to PoH

Proof-of-Hug is a unique distribution mechanism to reward the users who contribute to spreading the vision of HUG and making HUG possible.

Receiving your PoH HUGs

Every week you can claim your HUGs on https://receive.hug.meme. You can also check how much HUG you will receive in real-time!

Please note: Make sure you have your Third-Party Deposits set to Allow to be able to receive the HUG Club Badge that is needed for claiming your HUGs. If you missed the Club Badge, it will automatically deposited next week when your setting is set to Allow.

If you don't know what Third-Party Deposits are, no problem, it is a more advanced setting in the Radix wallet and it is set to Allow by default.

PoH Activities

This year, 15 Billion HUG is available for all Proof-of-Hug activities. This is currently divided into the following three activities.

Activity	Percentage	Daily rewards
Validator staking	40%	16.4M
$HUG staking	10%	4M
DefiPlaza liquidity	25%	10.25M
Ociswap Liquidity	25%	10.25M
HUGbot rewards	Paused	0

If new activities are released, the daily rewards will again be re-distributed across all activities. We will notify everyone in time to make adjustments.

PoH APYs

It's nice knowing in advance how lucrative each of the Proof-of-Hug activities are, to help you make the decision in which to participate. We added the real-time APYs on https://receive.hug.meme.

APY APY stands for Annualized Percentage Yield and displays how much you are earning on an annual basis.

Validator Staking

To calculate the Validator APY we convert the total amount staked in XRD to HUG and compare that to the current PoH emissions.

Liquidity Providing

The Liquidity APYs on DefiPlaza and Ociswap are calculated by combining the amount of HUG, plus the amount of DFP2 or XRD converted to HUG, and compare that to the current PoH emissions.

$HUG Staking

We compare the total amount of HUG staked with the current PoH emissions.

HUGBot rewards

The HUGBot has no APY, since you do not have to provide HUG to receive HUG