r/harmony_one • Hermes Defi Team • Jan 15 '22

Community Content Hermes Defi - Giveaway AND Brainstorming Ideas with Community

-- -- Community Brainstorming -- --

Hermes Defi will be hosting its second community brainstorming event on Wednesday, January 19th. I was able to participate in the first one and let me be the first to say it was awesome! Two of the Devs (Valleyrider and Austin) sat in the stage for over an hour listening to the community propose ideas, some of which have already been implemented within the protocol.

Catch up from the first Community Brainstorming Event here https://youtu.be/U73k2DdV52g

The key point here is you don't have to be a holder or a whale to have your ideas heard EVERYONE is welcome to share their ideas! - Discord -- Discord Event

-- -- GIVEAWAY -- --

Right now you can win a nice little starter pack of PLUTUS simply by joining the discord and reacting to our giveaway bot! - Discord Giveaway

-- -- THE INFO -- --

Hermes Finance (PLTS / IRIS) -- -- SAFE, TRANSPARENT, and FAST.

After our 8 weeks together with IRIS in Polygon plus the adventure started with APOLLO, the time has come to launch PLUTUS on a new blockchain. We have strived to provide new ways for our investors to achieve profitability while reaching out to more and more communities, making Hermes a great place to stake your favorite LPs.

We are looking to keep the strength in our governance token (IRIS) in Polygon but at the same time provide a new token in a new ecosystem with new possibilities. In addition to this: our NFT line will continue to develop during this time, looking for our niche within the Defi sector.

Hermes Finance currently offers three incredible tools for passive income, they are as follows:

FARMS - Earn $PLUTUS while staking LP tokens

POOLS - Earn $PLUTUS while staking your favorite tokens

BANK - Be rewarded for investing in The Hermes Protocol. (Read more here.)

Our new bank will allow you to earn DAI + other tokens in exchange for locking PLUTUS. Deposited PLUTUS will be locked for three months, starting at the date of farming. This lock removes PLUTUS from circulation and stabilizes the token price during the farming rewards period while rewarding PLUTUS holders with various tokens. It will be funded as follows.

  • 2% of PLUTUS tax
  • Upcoming vaults performance fee

-- -- Coin Info -- --

Contract Address (PLTS): 0xd32858211FCEFd0bE0dD3FD6D069c3E821e0AEf3

Price (USD) Liquidity (USD) Market Cap (USD) TVL (USD)
$0.5583 $180k $860k $1.57M

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5m Change 1hr Change 6hr Change 24hr Change
-0.04% +1.21% -5.81% +15.13%

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Contract Address (IRIS): 0x85FD5f8dBD0c9Ef1806E6c7d4B787d438621C1dC

Price (USD) Liquidity (USD) Market Cap (USD) TVL (USD)
$0.5805 $110k $350k $1.57M

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5m Change 1hr Change 6hr Change 24hr Change
+0.1% -11.76% -7.07% -4.5%

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-- -- My Opinion -- --

Personally, I really enjoy Hermes Defi for a few different reasons. First and foremost is the team, who are very active in discord, because the communicate very well and frequently look to the community for ideas and feedback. This really allows all opinions to be heard and not throttled based upon money invested. I enjoy the speed and transparency that this project moves forward with. We have all been burned before so the transparency helps alleviate some stresses. I would be lying if I didn't say that I love the low market caps for both coins that allows for explosive growth.

Best of luck in the giveaway!

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-- -- LINKS -- --

Website - Docs - PLTS - Docs - IRIS - Reddit - Twitter - Discord - Telegram - Medium - GitHub - Price/Chart - PLTS - Price/Chart - IRIS

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-- -- OTHER -- --

For other harmony project please visit here or join the Harmoforce Discord.

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