This makes the platform transparent and secure, as there is no central authority controlling it. These nodes work together to form a distributed database that stores all the information about transactions carried out on the platform. The HOGE Decentralised Platform operates using a network of nodes. The initial project team abandoned the project, leaving smart contracts and socials to the community that entered to support the project in March 2021, establishing a new project team and corporate structure, which enabled community members to take initiatives and structure themselves. The skynet security score of the project is 90. HOGE was one of the first meme-tokens to complete an audit by CertiK, which proved the absence of any critical, major, or medium issues in the protocol. The project focuses on rewarding content creators, promoting incentive benevolence, educating newcomers to the crypto industry, and supporting animal shelters. The goal of the project is to leverage the capabilities of Ethereum’s DeFi structure by introducing its benefits to a broader public in a fun and easily approachable way. However, the team soon set larger ambitions for the project, rolling out a more philanthropic and utilitarian roadmap. It was first launched as a kind of parody of Dogecoin and was calling itself a deflationary DOGE but DeFi. The coin was fair-launched on February 7, 2021, by anonymous developers without any tokens allocated to the project team. Hoge, formerly known as Hoge.Finance and Hogecoin, describes itself as a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply.
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