introducing $HEDGEFUND - the first onchain hedgefund that rewards holders via dividends received from treasury holdings.
a 10% tax on every transaction funds the treasury. holders of $HEDGEFUND vote on what coin the fund buys next. stock/coin dividends/yield received from the treasury holdings are distributed to holders.
10,000 $HEDGEFUND = 1 vote
As the treasury grows, the goal is to generate dividends, yield, and trading profits — with those rewards flowing back to the people holding $HEDGEFUND.
You can find the HEDGEFUND treasury wallet on @fomo - https://t.co/NcjQevLNgO
The treasury has been funded with _% of $HEDGEFUND to start (this allocation will NEVER be sold).
The mission is simple: Build the #1 trader on FOMO.
Buy the best coins.
Grow the treasury.
Compound the wins.
Reward the holders.
Dominate the leaderboards.
CA - 0x0ad5318cdc86dc4b391ca3d7b0daacc4ffd34905
Website - https://t.co/E6875QRdFJ
This is a hedge fund powered by you, me, holders.
There is a treasury, wallet is viewable on fomo directly, 10% tax on every buy and sell.
We decide which coins will get bought and sold. If trades wins, it's redistributed to holders.
Normally by holding a coin, you get paid like maybe 1% of your holdings with stocks. If this project succeeds, we can earn 5-10x of our holding without even selling.
As always, it depends on dev not rugging. But something like this never been done before, and if it succeeds, it will create a new meta.
If you remember omotrades, it wasn't actually AI but was larping as AI, trading, winning, but not distributing anything to holders.
This is omotrades, not AI, by holders, and redistributing to holders. The potential is really crazy crazy high.
I'm hoping this is not larp because the potential is 8 figs mcap in the end. It can still be larp, take risk by knowing that.
https://t.co/4f5qwQKbcC
@HEDGEFUNDonRH
0x0ad5318cdc86dc4b391ca3d7b0daacc4ffd34905
to clarify - dividends/yields are distributed to holders from the tokens bought and held in the $HEDGEFUND treasury.
for example - voters decide to buy $10,000 of $GG, and within 24 hours, the treasury pulls in $500 of $GLD. this $GLD is then distributed to holders of $HEDGEFUND, and the $GG is held permanently in the treasury wallet.
over $13,000 USD in fees have already been collected into the $HEDGEFUND treasury wallet.
you can vote on what token the fund should buy first on our website!