Welcome to HALO Protocol

Halo Protocol
2 min readDec 20, 2020

WHAT IS HALO PROTOCOL?

Halo Protocol uses innovative smart contract function to reward holders AND also constantly add more buy pressure by automated buy-backs.

This is accomplished by taking a 5% “tax” from each transaction. 2.5% goes instantly to holders and 2.5% goes to a “buy-back” mechanism. This will create an ecosystem of constant rewards to holders.

HOW DO THESE FUNCTIONS WORK?

(1) Gasless, Stake-free “farming”

Essentially just by holding your balance will automatically increase as long as there are transactions happening! This is done without using any gas and without having to deposit your tokens or eth anywhere!

(2) Constant automated “buy pressure”

The second function is a “buy back mechanism”. This will take the tax and store it via smart contract for intervaled 30 minute buy back. This is constantly helping the price floor move up and adding more value to tokens.

TOKENOMICS ($HALO)

Total Supply: 10,000 HALO

Presale Details:

Total Presale Allocation: 6,000 HALO

Presale Price: 50 HALO/ETH
Listing Price: 37.77 HALO/ETH

Hardcap: 120 ETH
Softcap: 60 ETH

Development Fund: 30 ETH
Marketing Fund: 600 HALO

Initial LP Pool Details:

3,400 HALO for Initial Pool
90 ETH initial Liquidity

Twitter: https://twitter.com/ProtocolHalo

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