HookHook Capital

Fee funded reserve token. Distributions bought, never minted.

Powered by @hookersrh v4 hooks.

0x1ae9075209f8B664c2387514a63068395d4d7E55

[HookHook Capital @HookHookCap]

HookHook Capital Management.

https://t.co/0pjznMOioq

[HookHook Capital @HookHookCap]

The future is hooks, you can't convince me otherwise.

And HookHook will be a part of it.

[HookHook Capital @HookHookCap]

@haydenzadams Crazy numbers, gg

[HookHook Capital @HookHookCap]

Hookholders,

We have just updated the reports page on the site, you can now view the total generated since launch, last 24hr fees and 30 day run rate.

Total generated since launch: $27,299
Last 24 hours in fees: $15,214
30 day run rate: $456,407

(🪝,🪝)
https://t.co/P8Z2eQpTY7

[HookHook Capital @HookHookCap]

Hookholders,

The next settlement is in 2 minutes.

https://t.co/ZAsaMVm3f0

[HookHook Capital @HookHookCap]

Reminder to those who were staked from day 1:

Refer to the bottom of this article to move your HOOK to the new staking contract.

There is no time limit on this, we will keep the old staking contract on the FE until all HOOK is in the new contract.

(🪝,🪝)

[HookHook Capital @HookHookCap]

https://t.co/a43C8nR8pA

[HookHook Capital @HookHookCap]

Join the hookholder lounge.

[HookHook Capital @HookHookCap]

Hookholders,

The next settlement is in 1 hour.

https://t.co/ZAsaMVm3f0

[HookHook Capital @HookHookCap]

@dogoshii 🪝🪝

[HookHook Capital @HookHookCap]

In just the first day we have already generated 1,940 USDG for our reserve, over 60% of supply staked and $15,642 (6.24 ETH) backlogged to purchase HOOK.

Alongside that, a new machine to speed up the buybacks.

Onward.

(🪝,🪝)

[HookHook Capital @HookHookCap]

https://t.co/a43C8nR8pA

[HookHook Capital @HookHookCap]

Soon we will be shipping an upgrade to the machine.

Right now we have $11,257 in ETH backlogged ready to buy HOOK.

Once we upgrade the machine we will have unlimited buybacks per epoch meaning moving forward no ETH will be backlogged.

More on this soon.

(🪝,🪝)

[HookHook Capital @HookHookCap]

The beauty of this is the recurring buy pressure on the chart funded by fees, which gives people a reason to hold their staked tokens.

We have a machine that literally TWAPs into HOOK and builds a reserve at the same time.

Big update on this in the next 24 hours.

[HookHook Capital @HookHookCap]

Nothing mints.

A staked balance grows because the machine bought $HOOK on the open market with fee revenue and handed it over.

(🪝,🪝)

[HookHook Capital @HookHookCap]

Hookholders,

Twelve hours in.

- 3.337 ETH waiting to buy HOOK on market.
- 957 USDG in the treasury.
- 2 settlements and 3.8M HOOK bought on market for stakers.
- 58.15% of supply staked.

Next settlement is at 11:55 UTC, anyone can trigger it for an ETH reward.

[HookHook Capital @HookHookCap]

(🪝,🪝)

[HookHook Capital @HookHookCap]

Hookholders,

The next settlement runs in 2 hours.

The distribution leg buys HOOK on the open market and credits all stakers.

Thank you for your attention to this matter.

[HookHook Capital @HookHookCap]

Nothing mints.

A staked balance grows because the machine bought $HOOK on the open market with fee revenue and handed it over.

(🪝,🪝)

[HookHook Capital @HookHookCap]

@saintniko on it🪝

[HookHook Capital @HookHookCap]

@vladtenev @CryptoGodJohn 🪝🪝

[HookHook Capital @HookHookCap]

@RobinhoodCrypto 🪝🪝

Onward and upwards.

[HookHook Capital @HookHookCap]

Hookholders,

A quick note on the figures currently on the terminal.

57% of supply is staked. The queue holds 1.1591 ETH, waiting to buy HOOK for stakers and the treasury currently holds 477.15 USDG.

The distribution rate you'll see when staking is unrealistic and not accurate because it's only going off the epochs settled so far. As more epochs happen it will balance itself out and give out a more accurate number.

(🪝,🪝)