HotFriesCoin: The Stable Coin that Brings Prime Investors and Public Together

April 05, 2022

Let’s review all the information about the HotFriesCoin project.

First, before we discuss the HotFriesCoin project information, we must know what is the concept of “progressive stable coin”?

The concept of Stable Progressive Currencies is to develop a currency that grows in value over time rather than depreciating. The concept aims to create a currency based solely on stable coins and paying fees each time a coin is purchased or sold; the fees paid are then repaid to all holders, causing the coin’s value to continue to rise regardless of whether it is bought or sold.

How is that possible?

HotFriesCoin employs an Elastic Infinite Supply protocol and a fee-based method to accomplish this. This means that, unlike every other cryptocurrency on the market, HotFriesCoin does not have an initial supply; instead, the initial supply is zero.

How does Hotfriescoin work?

No coins are minted (created) out of thin air at Hotfriescoin. When coins are purchased with a stablecoin (BUSD), they are minted (created), and when they are sold for stablecoin exchange, they are burned (destroyed). A 10% bonus is applied and dispersed to all HOTFRIESCOIN holders each time a mint or sell transaction occurs.

Is it possible to buy Hotfriescoin with non-stable coin?

To ensure price stability, Hotfriescoin can only be purchased using stablecoin (BUSD).

What are the advantages of Hotfriescoin?

Hotfriescoin is making De-Fi simple and accessible to anyone, anywhere. There will be no more staking, farming, or earning from liquidity pools.