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FAQ
Most frequently asked questions.
- What is Hord Protocol?
- Hord is a protocol for tokenized baskets. The protocol has been adapted to create multiple products that enrich the Web3 space. Hord’s different products include Viking DAO, Private Pools, Champions Pools, and Hord’s ETH Staking Pool.
- What is a Hord Pool-basket contract?
- A Hord Pool basket contract is a unique smart contract that tracks price reference data of the underlying assets. As each pool will contain different assets, different pools will have slightly different contracts.
- Who can create Hord pools?
- There are various requirements for opening Hord pools. Anyone can open or participate in a Champions Pool. Private Pools are designed for hedge funds, DAOs, and token fund managers and can be opened upon request. New Viking DAO pools can be opened if the community proposes and approves a new pool.
- What types of pools does Hord provide?
- Hord will offer a few different types of pools: Champions Pools, Viking DAO Pools, Private Pools, and an Ethereum Staking pool. All pools apart from the Ethereum staking pool will be tokenized baskets, meaning they’re comprised of different tokens.Viking DAO focuses on baskets of early-stage projects, and Champions Pools will publicly feature traders' tokenized portfolios. Private Pools are private tokenized portfolios for financial firms.
- Where can I trade Hord Pool tokens?
- All Hord Pool tokens and more will be tradable on Hord DEX, which is launching soon.
- How secure are Hord contracts?
- Hord’s smart contracts have gone through multiple independent security audits confirming their security.
- Which Blockchain does Hord operate on?
- Hord launched on Ethereum as its native chain but has also been ported to BNB with assistance from ChainPort.
- What’s the HORD token, and what is it used for?
- Hord token is the central token for the Hord ecosystem, and it runs on multiple blockchains, including Ethereum and BNB. The Hord token serves numerous use cases, such as staking and fee reduction, governance, and more!
Last modified 11d ago