Grant Request by The Hextech Project

Submission Date

January 12, 2022

Project Links

Website: https://hextech.finance
Linktree: The Hextech Project | Linktree

Project Description

The Hextech Project is the first project to combine a Certificate of Deposit protocol and utility NFTs on the Polygon network.
The Certificate of Deposit will allow users to earn HEXTECH tokens ($HXT) through staking $HXT for a predetermined period of time, chosen by the user itself. It essentially is a bond between the user and The Hextech Project.
The Hextech Project will allow its users to create $HXT through bonds: the longer you bond, the more you earn. This process is called Proof of Bond.
The goal of The Hextech Project is to create a whole DeFi & NFT ecosystem on Polygon, that gives value to the main currency : $HXT. We plan on creating value via protocols to keep the value of $HXT high.

Amount Requested

80,000 USD

Milestones

Milestones
Token Presale - January 25th
NFTs Launch - March 24th
Certificate of Deposit protocol Launch - March 31st

Presale Budget breakdown
Paladin Presale & Token contracts audit - 20k
KYC by AssureDefi - 3k
General presale marketing fund - 10k
General presale influencer fund - 7k
General presale partnership fund - 5k

NFTs & Certificate of Deposit budget
Paladin audit - 35k