This week we announced the launch of Hord 2.0 and one of its most essential aspects, Viking DAO. With Viking DAO, anyone can invest in early-stage crypto projects like a VC before public rounds in investment pools. Up to 10 crypto projects are listed in a Viking DAO pool which safeguards profitability and vastly reduces risks.
The token project pricing within the Viking DAO pools is much lower than public sale prices. The difference between private and public pricing can be huge. When these tokens reach the markets and are traded publicly, their value tends to grow even further.
Today, we at Hord would like to introduce a new burn mechanism integrated into Viking DAO pools. A 1.5% fee will be taken from each pool deposit and go towards buying back and burning HORD tokens.
By adding an extra fee mechanism which includes buyback and burns, Hord increases the scarcity of Hord Tokens. As Viking DAO grows in popularity, it will reflect in the value of Hord tokens.
Viking DAO truly adds value to Hord 2.0 and will push the token and community to new heights.