Introduction
Hosky Token ($HOSKY) was created due to the lack of low-quality s**t coin meme tokens on the Cardano Ecosystem. We saw that such a great need existed and are here to fill that gaping hole as any good boy would. We bring absolutely nothing other than low-quality memes, no financial value, no promises of mastiff gains, no mind-beagle-ing technology, just doggo memes.

Technical De-tails
 This is the section where you would normally find marvelous technological promises, only to have them be broken later, diagrams of howl much faster our token is, timelines that will be forever adjusted and doodads to woof ya. Well, we're a meme coin so we ain’t gonna done did that. Technical is ot us as purebred is to mutt.

So What’s the Point?
Memes, that is the point. If you get nothing else out of this article please note this: We are not here to make you doggone-rich, our goal is to make #memellionaires.
How? By aiming higher than any s**t coin has aimed before, no moon, no mars, we’re going to Pluto! (the ex-planet planet, not the dog).
*But does run on the amazing blockchain known as Cardano (ADA)

Tokenomics
Below you will find some obligatory graphs (no white(brown) paw-per is complete without em) that show the token distribution. Let's be real, we got better tokenomics than some of the larger non-meme chains out there, not only that but we have way more meme potential.

In lieu of an original approach we decided to follow the pawprints of those that came before us, thus 50% of the initial tokens minted will be gifted to The Big Hosky Himself (if you don’t know who this is do you even Cardano?). While we do not know what will become of these tokens we have faith that Master will do good things with them, who knows, this might be the first time Master is ok with burning tokens. The other 50% will be allocated as shown by the following chart:

To-Be-Determined
60% of the supply has no designation at this moment; howl-ever, we plan to use all of our dexterous doggo brains to get this token into as many paws as paws-ible.

Meme Acquisition
10% of the circulating supply will be used to further grow the meme pool and to increase our meme howl-dings.

Stake Pool Operators
10% of the circulating supply will be allocated to SPOs for distribution, this does not mean you can expect a $HOSKY Pool, but it also does not mean that it is completely out of the question, this is for the community to decide.

Doggie Bowl™
10% of the circulating supply will be available through the Doggie Bowl™ which is our token faucet available on hosky.io

Founders
10% of the circulating supply has been sent as a treat to the wallets of the token founders, we have no intention of selling and plan to increase our howl-dings.

Unless you’ve been hiding under a rock or completely disconnected from social media, discussions about what Cardano lacks are common online topic of discussion. However, at HOSKY, we believe in more than just bark — we believe in action. That’s why we took the initiative to support the @MehenOfficial team after a failed funding attempt in Fund 9 of Project Catalyst to bring the first FIAT-backed stablecoin to Cardano.
While others may choose to vocalize Cardano’s shortcomings, we prefer to roll up our sleeves, get our paws dirty, and make a tangible difference. Our decision to financially assist in the development of a stablecoin for Cardano wasn’t merely about addressing a need; it was about actively contributing to the ecosystem’s growth and progress, something that HOSKY has always been about.
We understand that our support alone won’t solve all of Cardano’s challenges, particularly regarding stablecoins. Nevertheless, we view it as a step in the right direction. We firmly believe that every contribution, regardless of size, can have a meaningful impact.
So, what can other projects do to support Cardano’s growth? One straightforward approach is to consider minting USDM, Cardano’s homegrown stablecoin. By converting a portion of their FIAT reserves into USDM, projects can help increase liquidity on the network while demonstrating their commitment to the ecosystem’s success.
At #HOSKY , we’re not content with merely discussing change — we’re committed to making it happen. We invite others to join us in taking action and building a stronger, more resilient Cardano community together. Let’s roll up our sleeves, get our paws dirty, and get to work on making #Cardano number one!
HOSKY, the self-proclaimed “PREMIERE low-quality s#!t coin doggo meme token,” operates on Cardano blockchain, offering a fun way for users to explore crypto and contribute to the ecosystem. Despite its meme status, HOSKY has become a vital part of Cardano, showcasing the positive impact even worthless tokens can have. Engaging with HOSKY allows new users to discover Cardano’s benefits while enjoying the entertaining meme token.

MEHEN USDM is Cardano’s first FIAT backed stablecoin, ensuring value stability. It serves as a reliable medium of exchange and store of value within the ecosystem, backed by USD reserves for security. MEHEN USDM facilitates seamless transactions and hedges against crypto volatility. Visit mehen.io for more information.

Generally, Staking to a Rug Pool is the primary way that Hosky is released to the community.
Each Rug Pool receives an equal amount of Hosky each epoch from the total allocation of 0.5T per epoch. This amount is split between rewards for ADA staked (40%) and for the NFTs held (60%) in that staked wallet. The more popular a Rug Pool becomes for ADA or NFTs, the lower the Hosky per asset (ADA or NFT) is earned. NFTs, however, vary in the amount of Hosky they earn depending on various bonuses:
Loyalty Bonus: How many epochs the NFT has remained in the same staked wallet to a Rug Pool. This can double the Effective Weight of your Cash Grab NFTs within 5 epochs, meaning that one Cash Grab with loyalty is equivalent to two Cash Grabs without (see Section 4.3 for more details).
Matching Trait Bonus: Both CGs and Gnomeskies have certain traits (e.g. hats, backgrounds, etc.) which result in double Effective Weight.
Gnomeskies Bonus: A Gnomesky counts as 15 Cash Grabs when in a Rug Pool staked wallet. “Holiday” special edition Gnomeskies earn the same amount of Hosky as 5 Cash Grabs.
S#!tties Bonus: S#!tties will multiply an entire wallet’s Effective Weight for Cash Grabs by 1.69 (this does NOT affect ada or Gnomeskies) but earns no Hosky itself.
A report (known as the “PDF” or “spreadsheet”) is created each epoch based on a snapshot of the state of the Cardano network, and posted in the #announcements channel. Searching by “stake address” which is available when staked to a Rug Pool will let you know how much Hosky will be returned when “pulling” from the $rugpool address.
Being a member of the official Discord channel and reviewing that report is the only way to see rewards before pulling (for now).
Hosky rewards less than 25M in total will accumulate until they exceed 25M.

#Hosky #Ada #cardano #Memecoins

Hosky may be acquired in one of six ways.
Staking to a Rug Pool: By either a) Staking ADA, and/or b) holding C(ash grab) NFTs, Gnomeskies, and/or S#!tties in a wallet that is staked to a Single Pool Operator (SPOs) on the Cardano network which has been selected by the project team as a “Rug Pool”, AND sending 2 ADA every epoch to $rugpool (common address used for all SPOs).There are currently 18 (soon 20 at time of writing) approved Rug Pools. Roughly 1.7 ADA will be returned with your Hosky allocation for that epoch.This does not affect your standard epoch Cardano rewards.
Purchase for ADA or USD: Purchased from a Cardano Decentralised Exchange (DEX), or from an exchange offering a Hosky-USD pair.
Discord Tips and Rain: Through participation in the Discord chat, certain members will tip specific members Hosky, or will rain Hosky to all members who have participated over a defined period of time. Information on the Tip Bot can be found by direct messaging !info to @Cardano Tip Bot#7235. User guide can be found here.
Purchase from Doggie Bowl: By sending 2 ADA exactly to the Doggie Bowl ($doggiebowl), which will return 1.5 ADA and a random amount of Hosky. See hosky.io.
Purchase from Promotional Sites: Some sites support the Hosky project by allowing a certain number of Hosky (along with other tokens) to be claimed each epoch. Costs and eligibility rules differ from site to site. Rewards and Competition Prizes: Occasionally the team will run competitions and/or reward particular community members for their services to the project’s principles.
#Hosky #Ada #cardano #Memecoins

HOSKY to Partner with the United Nations Refugee Agency to Raise Funds for Refugees via the WRFGS Cardano Stake Pool.
HOSKY, the Cardano-based cryptocurrency and meme token, is excited to announce its partnership with the WRFGS Stake Pool, a stake pool supporting the United Nations Refugee Agency, also known as UNHCR. Through this partnership, HOSKY aims to help raise funds for refugees around the world.
Those staking to the 100% margin Pool WRFGS, will be able to claim HOSKY tokens from hosky.io. HOSKY and the Cardano Foundation are proud to support the community members who are sacrificing their $ADA rewards to help refugees and providing them with the “nothing” that is $HOSKY token for their contribution to the cause.
HOSKY joins the ranks of other organizations within the Cardano ecosystem like NMKR and TURF NFT in supporting the United Nations Refugee Agency, which helps people who have been forced to flee their homes due to conflict, persecution, or other forms of violence. According to the UN Refugee Agency, there are more than 82 million people forcibly displaced worldwide, and they need all the support they can get.
The partnership with WRFGS Stake Pool and UNHCR is part of HOSKY’s commitment to using its platform for a good cause. “We believe in the power of crypto to make a positive impact on the world,” said the HOSKY team. “And we’re thrilled to be partnering with WRFGS and UNHCR to help make a difference in the lives of refugees.”
Additionally, it is important to note that HOSKY is committed to supporting the WRFGS Stake Pool and UNHCR beyond just offering their worthless $HOSKY tokens to those staking to the pool. Typically, HOSKY delegates 25,000 $ADA to pools participating in their rug pool program, but in this partnership, they will be delegating a wallet of 50,000 $ADA to the WRFGS Stake Pool to further support the mission of providing aid and assistance to refugees around the world. HOSKY’s increased commitment to the partnership demonstrates their dedication to making a positive impact and helping those in need through their platform.
In conclusion, HOSKY is proud to be working with WRFGS Stake Pool and UNHCR to support refugees around the world. They encourage the Cardano community to join them in their efforts by staking to the WRFGS Stake Pool and claiming their worthless $HOSKY Tokens.
For more information on #Hosky and their partnership with WRFGS Stake Pool and UNHCR, please follow their official social media channels.
Contact:
HOSKY Token Team
Email: admin@hosky.io
Website: https://hosky.io/
Twitter: @hoskytoken

The Cardano Foundation is a non-profit organization that was established in 2017 with the aim of promoting and supporting the Cardano blockchain ecosystem. The Foundation is based in Switzerland and is responsible for overseeing the development and growth of Cardano, as well as ensuring that the ecosystem remains decentralized, sustainable, and transparent. The Foundation works closely with Cardano’s other entities, including IOHK (Input Output Hong Kong) and Emurgo, to advance the Cardano platform’s technology and adoption. Some of the Foundation’s key responsibilities include promoting Cardano’s adoption, supporting Cardano’s community, facilitating partnerships and collaborations with other organizations, and ensuring that the platform remains decentralized and secure. The Cardano Foundation plays a crucial role in the ongoing development and success of the Cardano blockchain.HOSKY is a cryptocurrency and meme token built on the Cardano blockchain. It was created with the intention of providing a fun and entertaining way for people to engage with the world of cryptocurrency while also making a positive impact on the Cardano ecosystem. HOSKY aims to be a community-driven project, with its developers and community members working together to support causes that align with their values. While HOSKY began as a meme token, it has evolved into a project with a strong social conscience and a commitment to using its platform for good.The UNHCR (United Nations High Commissioner for Refugees) is the UN agency responsible for protecting and assisting refugees, asylum seekers, stateless persons, and other people who have been forced to flee their homes due to conflict, persecution, or other forms of violence. The agency provides life-saving assistance such as shelter, food, and medical care, as well as legal protection and support to help refugees rebuild their lives. The UNHCR also works to find long-term solutions for refugees, such as resettlement in a third country or voluntary return to their home country when conditions allow. The UNHCR operates in more than 135 countries worldwide, providing vital aid and assistance to millions of people in need.