Fire Horse Dao

Under the wave of the accelerated iteration of the global financial system and the deep penetration of the digital economy, decentralized finance (DeFi) has completed its advancement from concept exploration to ecological reconstruction. After going through 1.0 basic protocol construction, 2.0 ecological scenario expansion, and 3.0 efficiency optimization and upgrade, The industry urgently needs a brand-new development model that breaks down trust barriers, eradicated data opacity, and eliminated power concentration. Thus, the DeFi 4.0 revolution emerged. As a leading global fintech research institution, Singapore's R3 Financial Lab has always taken promoting the innovation of the financial system as its core mission. It accurately identifies the core pain points in the current DeFi field, such as governance imbalance and uneven benefit distribution. In collaboration with a team of top economists, it has spent several years developing an innovative economic model based on mathematical reorganization. And taking the FHdao governance token as the core carrier for the model's implementation, it is committed to filling the industry gap and setting a new industry benchmark of 100% decentralization.

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Project Introduction

The FHdao governance token was independently developed by scientists from Singapore's R3 Financial Lab and built based on an original mathematical reorganization economic model. It is a landmark financial product in the DeFi 4.0 era. This model is underpinned by rigorous mathematical logic and achieves fair distribution and efficient circulation of value within the ecosystem through dynamic algorithms, fundamentally eliminating the centralized intervention issues found in traditional finance and early DeFi projects. As the first governance token in the industry with 100% decentralization as its core goal, FHdao fully hands over the project's decision-making power to the community. By leveraging the DAO's self-governance mechanism, every token holder can equally participate in the formulation of project rules, the planning of the ecological development direction, and the voting on major affairs, truly implementing the governance concept of "fairness, impartiality, openness and transparency". Help the project reach the peak of the autonomous ecosystem in the DeFi 4.0 wave and provide replicable and scalable decentralized practice solutions for the global financial revolution.

Economic model

1

Recommended binding

Holding tokens allows you to enjoy a stable daily dividend of 1.3%. The earnings will be credited daily, making it easy to achieve asset appreciation. If you successfully directly recommend 5 people, you can unlock the reward permission for the 5th generation's income. The 1st generation will receive 5% of the income, and the 2nd to 5th generations will each receive 3% of the income, making it more efficient to monetize your network.

2

Earnings reward

After binding the superior relationship, based on the amount of coins held by the individual, they can participate in the weighted sharing of 5% of the team incentive fund. The more coins held, the more generous the rewards will be divided. The platform sets a 3% transaction tax and destroys all of it, effectively reducing the total circulation and providing a solid guarantee for the stability of token value.

3

Fire Horse NFT

The NFT is limited to 2,100 pieces and adopts a stepwise issuance mechanism. For every 200 pieces sold, the price increases by 50U. Scarcity and appreciation potential coexist. Holding the Fire Horse NFT, you can also receive additional dividends from the platform's profit tax. One holding, multiple benefits.

Token economics

Total issuance: 210 million: 200 million dividend interaction contracts; 10 million bottom pools The maximum amount of coins held is 50,000. If you hold more than 50,000 coins, the reward you receive will be thrown into a black hole.
Profit tax rate: 30%
15% NFT weighted share
5% DAO
5% team incentive fund
5% marketing
Insurance tax (within 500,000 U of the bottom pool) : 10% of the sale tax will be destroyed
3% of transactions are destroyed.

Token symbol：FHdao

NFT name：FireHorseNFT

NFT symbol: FireHorseNFT

Total NFT issuance: 2,100

NFT issuance mechanism: Every 200 shares increase by 50U. Fire HorseNFT can receive profit tax dividends

Roadmap

Phase 1

Project initiation

Release the Fire Horse DaoCOIN White paper - Establish the initial team.
Complete the development of the automatic mining mechanism and the decentralized governance model.
Conduct an initial public offering of tokens to ensure a fair and transparent distribution process.

Phase 2

Market expansion and global cooperation

Expand global partnerships to include environmental protection organizations and technology companies.
Promote the environmental and charitable mission of Fire Horse DaoCOIN and build a global community.

Phase 3

Charitable donations and environmental protection actions

When the market value reaches 100 million US dollars, launch charitable donations to support environmental projects around the world. Cooperate with global environmental protection organizations to promote the application of green blockchain.

Phase 4

Public chain development

The development of the Fire Horse Dao public chain has begun, and Fire Horse Dao will become the native token of the public chain.
Activate part of the public chain transaction fees (GAS) for environmental protection and charitable activities.

Phase 5

Long-term development and ecological expansion

Expand the application scenarios of Fire Horse DaoCOIN to cover fields such as finance and environmental protection projects. The early development of projects that support more environmental protection and charity causes to promote sustainable development is on the BNB chain. To better integrate with Wap3.0, Ai+WEB3 exchanges need to be global. The core technical team will develop multi-chain interoperability to ensure the multi-faceted storage and trading of digital assets (for example, cross-chain transfer of WEB3 assets between the Ethereum chain and the BNB chain).
The future WEB3 market has considerable room for growth. Meanwhile, the types of assets will become more diverse, with more artworks, card games, WEB3 games, and other new applications likely to emerge. We aim to be pioneers and realize value in this field ahead of time.
WEB3 holds unlimited possibilities and potential. Record-breaking sales will help further promote the development of WEB3 technology. WEB3 has opened up a brand-new path for blockchain technology. By replicating physical assets in the digital world, WEB3 has the potential to become an important component of the blockchain ecosystem and even the broader macroeconomy. The use cases of WEB3 are very extensive, and many developers are working tirelessly Work to launch more exciting new projects. Develop valuable ecosystems in the project.

Team Introduction

Project Development Director: Mike Belsh

Mike Belsh has over 25 years' experience leading agency sales and consulting teams in the UK, Europe, Asia, the Middle East, the US and Canada.

Project Design Director: Elowen

Elowen leads investor relations and venture capital at Zilliqa and has over a decade of experience in investment management, startups, and technological innovation.

Project Sales Director: Seraphina

Responsible for leading the firm's investment strategy and strategic partnerships. He has over 10 years of experience in leading venture capital, private equity and hedge fund groups.

Project Operations Director: Ed Reginelli

Ed Reginelli is the Chief Financial Officer of BitGo Group, responsible for accounting, tax, and human resources. Steve has over 20 years of experience in the investment management industry.

Join us



Join the FHdao community, participate in governance, build the ecosystem, share benefits, and build a decentralized future that truly belongs to everyone.