Introduction

It was mid to late 2021, and the DEFI scene was showing many signs of danger. An increase in market tension coupled with a variety of factors such as the proliferation of unethical projects, unrealistic payout schemes, scams, rugs, and everything else in between had spread fear across the markets.

This drove many communities to doubt all the newly developed projects as they were tainted with the same perception, no matter the innovation. The downturn of the market continued and over the following months, things got tougher for any surviving projects.

The communities that remained had a desire for something new, and there was a call for a standard as to how passive income protocols in particular should be created. There was a tangible desire for a place where an engaged community could have open discussions, where suggestions would be welcome, and there could be real companionship within the project. Communities knew that protocols needed to be developed that actually had utility, and that appealed to many different crypto sectors and investors, not just those from the niche of passive income plays. A new type of ecosystem needed to be developed that focused on long-term goals and adapted accordingly to what is best for sustainability from the start.

With these ideas in mind, a core team of developers, designers, and entrepreneurs who were unsatisfied with this niche sector of DEFI started to brainstorm about what we, as investors, wished existed in the space. The following weeks grew intense as we scrutinized each other’s ideas, picking apart anything we didn’t like from the eyes of an investor. We focused on transparency, equality and long-term sustainability.

Horde development team ended up with a list of features and mechanisms we wanted to implement into one place. There was nothing out there like it, so their team got to work, and built an entire ecosystem from scratch and created social awareness of a new DEFI wave. Many months passed and their whole team worked around the clock to realize the vision they created. Meanwhile, the ‘DaaS’ sector was falling apart and confidence in the sector was waning. This gave them the fuel we needed to grind out work on a daily basis because they believed that the issues that were causing these proj-ects to fail, were the problems that the project they were developing set out to solve.

Goal

The goal of their protocol is to target areas in the ‘DaaS’ sector they felt were ignored by many. This was a focus on two main features:

1. LIQUIDITY MANAGER - This keeps the token in a price bound range, preventing problems such as new investors buying the top and having an ever growing amount of time to ROI as the price falls with increasing sell pressure.

2. DECAY ING PLOTS - This moves away from the unsustain-able lifetime rewards method that have been prevalent, even-tually leading to early investors draining the liquidity regularly and causing exponential sell pressure over time.

Horde’s Vision

To create a simple and fun to use ecosystem that bridges many different sectors of blockchain and cryptocurrency together. With innovation at the heart of everything they do, The Horde Team constantly is pushing to stay one step ahead of the competition in this ever changing space, whilst always ensuring they stick to their core values of equality and sustainability.

Creating revenue streams for the LM has always been a key goal, as they implement their plans, they will continue to innovate and adapt to the ever evolving crypto space.

TOKENOMICS

The HORDE token was built with utility in mind. Each time a Horde token is used it interacts with different parts of our protocol.

The token is not a victim to swing trading, their sell tax of 10% prevents any whales manipulating the price in order to drain the liquidity.

Horde tokens are primarily purchased to be spent on creating plots, which increases the ecosystems liquidity over time. The Horde’s adaptive toke-nomic structure from each plot creation will evolve as they create more revenue streams. This leads them to a unique passive income model and aids their development team to solidify their business strategies with the methods we planned since day one.

Horde is dedicated to upgrading and improving our ecosystem, no matter the market sentiment because we have goals which go beyond existing and future market cycles.

Fractional Plots

Souls Runes & Souls Stones

On the 13th June, They launched HORDE Fractional plots; Souls Runes and Souls Stones. Fractional plots are a simple way to enable smaller portfolios to build up rewards, the same as everyone else at 1% per day, and make it possible for investors to save up in order to afford an original HORDE plot.

The Horde development team decided to take advantage of their decaying plot mechanism, so instead of reducing daily rewards percentage we kept the 1% daily payout and reduced the decaying lifespan of runes/stones.

A problem their team observed in other projects was whales compounding much quicker with fractional entries and which causes a rapid liquidity drain. By setting a maximum of 10 Souls Runes and 2 Souls Stones per wallet, they mitigated this problem, as all fractional plots would only be equivalent to 20 tokens and such a small amount would not have a damaging effect.

THE HORDE TREASURY

The purpose of the treasury is a ‘liquidity buffer’, this works to support the liquidity manager if ever needed and to realise profits into the LM, the only injections so far have been from revenue gener-ated from LMS partners and trading bot profits.

They have built a very healthy treasury, currently estimated at over $1 Million.

The Horde makes investments as and when is necessary with the market sentiment in mind.

The Horde team has access to an expert trading bot that generates 20% per month that flows directly back into the Horde liquidity.

THE LIQUIDITY MANAGER

How it works and why they want to stay stable.

The Liquidity Manager is one of the stand out features within the HORDE ecosystem. Developed from scratch, it replicates a ‘stable coin’ like strategy that uses buys and sells, after being calculated in a complex algorithm and is able to dictate what range a token price can be restricted to.

Horde created a separate exchange interface called SOULS SWAP where the user trades on the HORDE/BUSD pairing. The back end of this is called the Liquidity Manager and is a separate liquidity pool to that of PancakeSwap. This is where the trades occur and the contract ensures the range is kept, whilst adding liquidity to the protocol.

The HORDE launched in a very volatile, downward spiraling market, however once it entered its price range from the day of launch, it never left. Keeping daily rewards at a similar dollar value, it prevents a problem known to many in the ‘DaaS’ sector especially of increasing days to ROI. This is where your daily rewards fiat value decreases over time, making it very difficult, some-times impossible to get ROI back, let alone any profit. With HORDE’s stability in token price using the liquidity manager we aim to solve this issue in the passive income category.

GAMEPLAY

In ‘HORDE - Wasteland Defence’, you will be defending your plot against waves of zombies and other mutated creatures, whilst at the same time, upgrading and building your arsenal full of towers, troops, traps and weapons.

The game is set in the ‘Wasteland’, spanning over 4 different faction’s territories with multiple levels in each faction. Each level will have a pre- determined path where the horde of zombies are heading to your plot. If you don’t keep them at bay, they will overrun your plot and your brains become their dinner.

You will also be able to choose a ‘Hero’ to help defend against the endless waves of the undead which will be incredibly important. There will be many heroes to choose from and they all have their own unique characteristics and functions, they can freely roam in the game and you have full control.

Tracking Horde