From HAPI Farming to hAPP Staking
The HAI Product Ecosystem moves away from the speculative part by focusing on our public goods initiatives at the head of the transformation, which are hDAO and Trust Army, and the new utility of HAI.
HAPI was the first project launched by Hacken which brought us into a big crypto rally. Farming utility generated decent ROI for HAI holders. But unfortunately, we made a typical “Not your keys, not your crypto” mistake. Being unable to refill HAPI farming smart contracts has undetermined credibility of many HAI holders. Uncertainty and unfair treatment are things that cannot continue for another period. So, we have concluded with the HAPI team to split our relationship.
In light of this, we are closing HAPI LP Farming & Farming in the HackenAI app today, December 30.
Based on the agreement between Hacken and HAPI — all farming contracts are filled with HAPI, covering all unclaimed debts. Everyone will be able to receive 100% of farmed HAPI.
Farming ceasing is an important step to move right to the HAI ecosystem product-oriented path that will lead us to establish new partnerships based on similar values.
HAI Staking in New hAPP
In Q1 2023, we will launch hAPP — the new user application that surpasses HackenAI. In addition to a visual redesign, hAPP will include Trust Army Academy course, Trust Army NFT Ranks and Certificates, hDAO Voting Power and features that allow you to buy and stake HAI. Due to the HAPI LP Farming & Farming closure, Hacken Club members will be able to seize a new opportunity and join the HAI Staking with a 13%+ annual percentage yield (APY).
And that’s only the beginning. Hacken’s transformation is going at full speed. In addition to B2C product utilities, you will see B2B and Equity utilities introduced already in Q1 2023.
Keep a close eye on the Hacken.AI announcements by following Hacken.AI on Twitter.