RICH HENS LITEPAPER
The ACT TO EARN concept is an opportunity to earn $HEN tokens by performing simple actions.
At a certain time during the day the game application notifies the user with push-notifications about the actions that needs to be performed. The push-notifications frequency depends on several factors and the exact time of the game request is unknown. The task completion is rewarded and the value of the reward directly depends on the user's luck and his chicken's performance attributes.
The activity and attentiveness along with the user game level play a major role in earning tokens: the more active the user, the more tokens he is able to earn.
Everyone is now able to earn $HEN tokens by having his own NFT animal - NFT egg-laying hen. All you have to do is to perform simple actions by interacting with the mobile app installed on your smartphone. Your mobile device will inform you about the necessary actions that you need to complete in order to receive a reward. It is also required to monitor the parameters of your NFTs and update them from time to time in order to achieve the highest profit possible.
All Rich Hens assets in the application belong to the users. Our team only takes a small commission during the sale of NFTs or eggs, and for NFT-minting. Tokenomics is designed the way that the main income is received by Rich Hens users and only a small part by our team.
- Rich Hens project has two tokens in Binance Smart Chain network (BEP-20) Rich Hens Gov ($HEG) and Rich Hens Utility ($HEN).
- $HEG is a governance token with a total supply of 3,000,000,000 HEG it's used for project management, as well as marketing, development, trading, staking and ecosystem support. Token emission according to the minting schedule.
- $HEN is a rebase utility token with elastic total market supply. Total $HEN market supply can be balanced to the required value according to the demand to maintain a stable price in the market, but cannot exceed 5 billion HEN.
- Reducing total $HEN market supply by burning tokens during: feeding chickens, upgrading chicken attributes and minting-NFT. Minting of new $HEN as well as burning is carried out by voting of the Rich Hens management.
- $HEN price stability is maintained by buying back and burning $HEN using the allocated share of $HEG (17% - Rich Hens ecosystem support)
- Incentives for liquidity providers: profitable $HEN/$BNB farming system for users, all rewards for the farming are paid to users in $HEN. All commissions received for exchanging $BNB for $HEN are divided among the farmers supplying the liquidity of the pool.
- In addition to the $HEN token, the use of the $HEG token is also for breeding chickens (NFT-minting), as well as for upgrading chicken attribute level from 9th to 10th, from 19th to 20th and from 29th to 30th, as well as to restore rooster's productivity.
- All assets of the Rich Hens game belong to users. We only charge creator royalties during the sale of NFTs, as well as a small fee when breeding chickens.
- Pre-Seed - 0.7%
- Seed Sale - 0.1%
- Seed Sale A - 0.8%
- IEO/IDO - 1.4%
- Team - 8%
- Advisors & Partnerships - 5%
- Airdrop - 0.5%
- Marketing - 10%
- Foundation Reserve - 5%
- Liquidity - 8%
- Treasury - 13.2%
- Staking Pool - 15%
- Eco-System - 15%
- Charity - 5%
- In-game incentives - 12.3%
100% - 3,000,000,000 HEG