Initial Liquidity

From Launch to Radlock

All initial liquidity was provided through Ociswap on 24th March 2024, in a non-concentrated liquidity pair.

DogeCube Basket Index

On 26th March 2024, a donation of 12.7 B HIT was made to the DogeCube Basket Index.

txid_rdx1l8s3zrascrzkka68uflhzf67h7kpssgfey89zumtvy9nmp6ufv4s5grzpx

We at Addix have been long-term fans of what DogeCube do, and took up the opportunity to collaborate

A Note on Launch liquidity

We wanted to make sure no one entity snapped up a mega-whale allocation upon launch, so we gradually added HIT:XRD to OciSwap, working out as a total of 75k XRD for 120 B HIT (12%).

With organic price rise, and OciSwap Liquidity Pools requiring 50:50 allocation, we effectively got priced out of being able to place the amount designated. This meant we ended up holding more HIT than we wanted.

Perhaps we should have lauched fully diluted, and taken the hit of a few whales loading up for pennies. The silver lining here was it forced us to be creative, and Don Marco pioneered Rug-Proof Staking, as a way for us to lock our own tokens up.

RadLocking Liquidity

On 28th August 2024, 37.5% Total Supply of HIT contained in DefiPlaza & Ociswap Liquidity Pools was Radlocked for 1,000 years.