🏧Platform

River (Boardroom)

• Epoch duration: 8 hours

• There is a 2% tax fee per stake. The unstake fee is 0% during expansion, and 2% on contraction period. These fees will be used to buy back HKN.

• Deposits / Withdrawal of MTT into/from River will lock MTT for 6 epochs and HKN rewards for 3 epochs.

• HKN rewards claim will lock staked MTT for 6 epochs and the next HKN rewards can only be claimed 3 epochs later

• Distribution of HKN during Expansion

80% go to Community 15% go to DAO 5% go to METF

• Epoch Expansion: Current expansion cap base on HKN supply, if there are bonds to be redeemed, 65% of minted HKN goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate.

Expansion rate base on HKN supply - first 21 epoch of 8 hours each will be at 1.5% (first 7 days) Any increment of supply by 25% after 8,000,000 $HKN, we will decrease emission by 5%. This is to ensure that $HKN will not be inflated and become unsustainable.

MTT has a max supply of 30,000 and is distributed linearly across 365 days. 15% of all MTT is sent to the DAO fund for staking of HKN rewards to grow the DAO fund that accumulates and lock up SVN.

Allocation of MTT

80% go to Community 15% go to DAO 5% go to METF

Next Seigniorage indicates a countdown timer to the next epoch. (Each epoch duration lasts for 8 hours) APR refers to the simple returns in USD value relative to the amount of MTT staked (USD value). Note: APR fluctuates from time to time and is dependent on certain factors such as:

• Price of HKN

• Price of MTT

• Amount of MTT staked in River (Locked Value)

River on Contraction Periods

River will not mint any HKN (NO REWARDS ON River) while TWAP < 1.01

River on Debt Phase

Debt Phase take place on the expansion epochs that start after a contraction period where there are still HBONDS to be redeemed.

65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the HBOND Redemption. This amount is still reserved whether or not HBOND holders are redeeming bonds or not.

Once HKN in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.

Jungle (Shares)

Stake your LP to earn MTT tokens

Shares Pools (Shares Reward) available for 12 months:

• HKN-SVN LP: MTT

• MTT-SVN LP: MTT

Cave

HBOND (bond tokens) are available for purchase when HKN falls below the 1 SVN peg. If HKN's TWAP is between 1.00 and 1.01, neither HBOND nor HKN will be issued.

e.g. if HKN's TWAP < 1, exchange HKN for HBOND will be in a 1:1 ratio.

HBOND (bond tokens) are available for redemption when HKN goes above the 1 SVN peg.

To encourage redemption of HBOND for HKN when HKN TWAP > 1.1 and incentivize users to redeem at a higher price, HBOND redemption will be more profitable with a higher HKN TWAP value, of which HBOND to HKN ratio will be 1:R, where R can be calculated in the formula as shown below:

R=1+[(HKN(​twapprice)−1)∗coeff)]

Where coeff = 0.7 To further illustrate why the longer you hold $HBOND the more profitable it is, let's take an initial $1000 investment into consideration. In this example, say this $1000 is used to buy $HKN when $HKN TWAP is 0.95 and then swapped for $HBOND. If these $HBOND are redeemed when: -$HKN TWAP is 1.5, your investment would now be worth $1421. -$HKN TWAP is 2, your investment would now be worth $1789. -$HKN TWAP is 3, your investment would now be worth $2526. -$HKN TWAP is 5, your investment would now be worth $4000.