HomeCoinsHeavens Gate (HATE)HEAVEN’S GATE: AN OVERVIEW OF OUR MISSION (ROADMAP) .. | by heavensgate.finance...

HEAVEN’S GATE: AN OVERVIEW OF OUR MISSION (ROADMAP) .. | by heavensgate.finance | Oct, 2020

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HEAVEN’S GATE PROTOCOL utilizes a new concept called Proof of Gate (POG). POG will collect a 2.5% fee from each transaction, denominated in $HATE. These transaction fees will accumulate in an oracle contract until 5 HATE is collected and then will be permanently locked into the liquidity pool for HATE/ETH. Using random number generation, an algorithm will determine when to execute the swap after the threshold is met. This is to prevent front-running. After the liquidity is swapped and provided, a new cycle begins. This liquidity cannot be removed and is not controlled by any person or entity.



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