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Hackerlabs DAO ($HLD) is one of the world’s first compounding hyper-deflationary tokens powered by a community of builders. The primary goal of Hackerlabs DAO is to cultivate a strong community of builders and fund their projects from the DAO treasury. These projects will generate revenue, a portion of which will be used to market buy and burn $HLD, resulting in a continuous reduction of the token supply and an increase in value for all holders.
Hackerlabs DAO is focused on launching innovative projects that contribute to the growth of the crypto ecosystem. One such project is the Reflections Token Engine called PROOF, which allows anyone to confidently create a reflections token, as common scam tactics have been eliminated. Each time a reflection token is traded, 2% of the transaction will be used to market buy and burn $HLD. With the launch of multiple projects, the volume being traded is expected to be significant.
As a $HLD holder, you can vote on proposed projects and the allocation of funds from the DAO treasury. The token operates on the Ethereum blockchain as an ERC-20 token with a total supply of 1,000,000,000,000. Transaction fees on trades fund the long-term growth and vision of Hackerlabs DAO. The roadmap includes phases such as launch, building the Reflections Token Engine, and growth through listings, interviews, partnerships, and the funding of successful products.
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