HODLcoin on Ergo – Welcome to the biggest Degenfi moment in history. This will be the most mental strength test for many degen crypto HODL’ers. Who’s gonna won this game, mentally. Who’s gonna break and be the first one out.

  • HODL Coin is a financial game released on Ergo, designed to reward players for holding ERGs for longer periods of time.
  • The price of the game's asset, HODL ERG, is proven to always increase mathematically.
  • The game has simple rules: players can HODL their ERGs by depositing them into a common reserve or un-HODL by burning their HODL ERGs to withdraw ERGs from the reserve.
  • When HODLing, there are no fees, but un-HODLing incurs a penalty fee (e.g., 3% or 10%) that remains in the common reserve.
  • Players who continue to HODL benefit from the fees paid by un-HODLing players, creating an incentive to hold for longer.
  • An example scenario is provided, demonstrating how players' actions impact the game state and the price of HODL ERGs.
  • The game operates as a zero-sum game, with no money created or destroyed. What one player gains, others may lose.
  • The claim that the price of HODL ERG never falls is supported by a theorem and a proof by induction.
  • The price of HODL ERG is relative to the price of ERG, so if the price of ERG falls relative to USD, the price of HODL ERG may also fall.
  • While the theorem holds, it is not financial advice, and players may still lose money if they don't hold as long as other players.
  • HODL Coin is not a Ponzi scheme; it is the dual of a Ponzi scheme with clear rules and informed players. There is a conjecture that a self-stabilizing effect exists in HODL Coin due to increasing fees incentivizing more HODLing.
  • The game has been implemented on ERG and is available for exploration at hodlcoin.co.in, along with a Telegram group for interested participants.

Hodlcoin.co.in

1 thought on “HODLcoin on Ergo – Welcome to the biggest Degenfi moment in history. This will be the most mental strength test for many degen crypto HODL’ers. Who’s gonna won this game, mentally. Who’s gonna break and be the first one out.”

  1. Yeah that doesn’t sound like a scam at all. No unlicensed securities here, just a “game”

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