HBR token
Hex Bond Rewards (HBR) — the reward and value-capture token of Hex Bond.
Supply
- Hard cap: 25,000,000,000 HBR (25B) — enforced on-chain.
- Perpetual emission — distributed by the farm contract over a 100-year schedule: 350M HBR in farm year 0, 250M in year 1, 150M in year 2, then a flat 235M/year through year 99.
- Team allocation: 1.25B (5% of the cap), minted at deploy to an immutable vesting contract that releases linearly over 5 years, split 50/50 between two fixed wallets. There is no owner and no setter — nobody can accelerate or redirect it, including the team.
Swap tax (6%)
Applied to HBR buys and sells, then routed back into the protocol:
- 4% → treasury — buybacks and compounding.
- 1% → auto-liquidity — half is swapped for PLS and added to the HBR/PLS pair. The LP tokens go to the treasury, so this becomes protocol-owned liquidity rather than a payout to LPs.
- 0.5% → burn — permanently removes supply.
- 0.5% → reflections — sent to the HBR staking vault, for stakers.
What is not taxed
The tax only fires when an HBR trading pair is on one side of the transfer. Sending HBR to another wallet, depositing into a vault, staking, and depositing LP into a farm are all free.
One case catches people out: adding liquidity to an HBR pair is taxed, while removing it is not. Adding sends your HBR straight into the pair, which is a taxed destination; removing sends it out through the router, which is exempt. Budget for the 6% on the HBR side when you provide liquidity, and note that entering the HBR/PLS farm from PLS pays it twice — once to buy HBR, once to add it.
Staking
Stake HBR to earn a share of the tax and treasury flow. An early-unstake penalty is burned, which tightens supply further. See Farming & emissions for how emissions reach LPs and stakers.
The contracts are live on PulseChain mainnet — verify every figure above on-chain via Contracts.
