Heco GOF contract address
Heco GOF contract address:0x2aafe3c9118db36a20dd4a942b6ff3e78981dce1
Audit situation
The Heco version of Golff Vault code has been audited by Know Chuangyu, and the contract is safe and risk-free. The specific audit report is as follows:
https://heco.golff.com/files/golff_heco_vault_audit.pdf
More audits are currently being connected and will be announced in the future
What is G-HecoToken
G-HecoToken is equivalent to the Heco version of Golff Vault and is the same as G-V2Token to the ether version of Golff Vault V2, and is the equity token of Golff Vault.
Each currency in the Golff Vault (machine gun pool) Heco version corresponds to an exclusive G-HecoToken. For example, the equity G-HecoToken generated by the ETH machine gun pool is G-HecoETH, which represents the user’s equity share of the ETH assets in the machine gun pool. Since the Golff machine gun pool adopts a principal non-destructive strategy, the revenue of the target mining pool will be automatically exchanged into the currency Token by the contract. Because the continuous revenue is put into the pool, and the number of G-HecoToken remains unchanged, users can rely on G-HecoToken to The more tokens exchanged, the exchange rate of G-HecoETH price relative to ETH will continue to increase. However, as the funds in the pool increase, the price growth rate will be accompanied by a slowdown.
Why can’t I get 1 G-HecoUSDT if I deposit 1 USDT in the machine gun pool?
Since the Golff machine gun pool adopts a principal non-destructive strategy, the revenue of the target mining pool will be automatically exchanged for the currency Token by the contract. Because the continuous revenue is put into the pool, and the number of G-HecoToken remains unchanged, users can rely on G-HecoToken. The greater the number of Tokens exchanged. Therefore, the exchange rate between Token and G-HecoToken is not a 1:1 relationship. G-HecoToken is a mortgage share warrant, and each G-HecoToken has a unit net value.
The calculation formula of unit net value: unit net value = current fund pool accumulative Token quantity / accumulative issued G-HecoToken quantity
The net value of the unit will be updated every time the income is obtained. The net unit value of G-HecoUSDT is 1.1, then you deposit 10000USDT to get:
10000 USDT/ 1.1 = 9090.9 G-HecoUSDT
Automatic reinvestment and compound interest mechanism
Automatic reinvestment can be simply understood as the machine gun pool will automatically extract the proceeds from the target pool and reinvest it, so as to achieve a mechanism for reinvesting returns to generate more returns. Since the conventional target income is fixed income, that is, the investment principal is fixed, and the income output is also fixed when the rate of return remains unchanged. The automatic reinvestment can automatically withdraw the income within a certain period of time and re-invest in the principal, so as to achieve the purpose of increasing income.
For example, if the target fixed annualized rate of return is 50%, if the reinvestment is carried out on a daily basis, the annualized rate of return is:
(1+50%/365)^365 -1 = 64.8%
We will find that after the reinvestment, the annualized rate of return will increase significantly.
Why there is no increase in income in the short term after deposit
The machine gun pool income needs to cooperate with Harvest for income settlement. At present, the machine gun pool has just been launched, and the settlement trigger cycle is longer. It is not real-time settlement income. There may be no income in a short time deposit and withdrawal. So please wait patiently for the income settlement after depositing the funds, you can see the income changes.