Is Holo team in talks with exchanges about listing HoloFuel

Question

Is Holo team in talks with exchanges about listing HoloFuel

after swap period will start? Is there a risk that if i'm not a host and i will swap HOT to HoloFuel and my HoloFuel will "stuck" in ecostsem without possibility to be exchanged to other crypto or Fiat?

#blockchain #cryptocurrency #english #holo

0

17.12.2023

9 ответов

21 просмотр

Alex

You can always change them back into hot until Holofuel is on exchanges.

0

11 месяцев назад

Nathan | Holo | Community Manager (No PM)

Hi @Mateuszyy Holo is not intentionally pursuing HoloFuel on exchanges immediately upon launch. We'll share more details as they become available, after our initial 1:1 price guarantee period. We do not ADVISE anyone to exchange their HOT to HF. The HOT/HF reserve account will be available at launch. This is where the 6-months guaranteed 1:1 rate between HOT and HoloFuel will be honoured. HoloFuel is needed by anyone paying for hosting or future in-app payments. Both HoloFuel and HOT will continue to exist after the initial 6 months. It is optional to convert HOT to HoloFuel during the first 6 months.

0

11 месяцев назад

Vincent

Nathan | Holo | Community Manager (No PM)
Hi @Mateuszyy Holo is not intentionally pursuing...

Could you clarify why you do NOT ADVISE people to swap their HOT to HF? From what I understood the only important measurement for asset backed currency then is HF and HOT is just the placeholder. So the value will be fully on HF side I thought? What other use is there for HOT if it is just a placeholder?

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11 месяцев назад

Andrew

Vincent
Could you clarify why you do NOT ADVISE people to ...

I imagine its more a case of they will not advise either way on such 'financial' matters

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11 месяцев назад

Nathan | Holo | Community Manager (No PM)

Vincent
Could you clarify why you do NOT ADVISE people to ...

I referred that we do not advise as we are in no position to do so while making sure everyone is aware that HF will be redeemable to HOT for hosts who earned their HF by hosting and exhange it with the HOT reserve. The HOT reserve will be a crucial part of the HF mutual credit system, While Reserve Accounts may temporarily expand the supply, they only do so in response to increased demand. As hosts redeem their hosting credits, the supply decreases again. The expansion of the supply raises liquidity for hosts giving them an opportunity to cash out increasing perceived value. One of the important factors of HOT is that HOT will be the first reserve for HF, and will be more accessible for anyone to acquire as an entry level to HF.

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11 месяцев назад

Unscripted

Nathan | Holo | Community Manager (No PM)
Hi @Mateuszyy Holo is not intentionally pursuing...

So what exactly will be the use case for HOT after the 6 months?

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11 месяцев назад

Alex

Nathan | Holo | Community Manager (No PM)
I referred that we do not advise as we are in no p...

@unscripted just go a few posts up it’s explained there. Also token talks only on @holotroopers

0

11 месяцев назад

Unscripted

Alex
@unscripted just go a few posts up it’s explained ...

I just checked I'm trying to understand what other use case beyond 'to acquire HF', does it mean that after the 6 months period HF cannot be directly gotten? Also, please I don't quite understand what you mean by token talks on @holotroopers is that group not meant for price talks? I'm not talking about price here Please enlighten me so I don't break the group's rules

0

11 месяцев назад

Hajai · Accepted Answer

Hajai

Good question....im also not a host

0

11 месяцев назад

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