HashKey Group will launch platform currency HSK in Q3 2024
HashKey Group announced that the HashKey platform coin HSK plans to be listed in Q3 2024. HSK will be used in all HashKey ecosystem core application scenarios and continue to expand external community building. Before listing, HSK will launch community airdrops to reward ecological participants.
HSK is a token based on the ERC-20 standard, with a total supply of 1 billion, of which 65% will be used for ecological construction, 30% will be allocated to the team, and 5% will be used as a reserve fund.
HSK will have a destruction mechanism to avoid the holder's rights and interests being diluted due to the increase in the liquidity of the rewarded HSK. HashKey will withdraw up to 20% of the profits of specific businesses to repurchase HSK, and will destroy the repurchase part.