AMM Design in 2026: How Automated Market Makers Work

HOGE launched in 2021 as a community-governed, deflationary ERC-20 with a 1% redistribution and a fair launch. The landing page promised a treasury, an NFT arm and a charity allocation. We have kept the original copy intact rather than rewrite history.

Total supply 1,000,000,000,000 HOGE. 1% of every transfer redistributed to holders, no team allocation, liquidity locked. These figures described the original contract and are preserved here for reference only — they are not an active offer.

By 2026 it was clear the most valuable thing the community produced was its research and reporting, not the token. We retired token promotion, moved the remaining treasury to a transparent multisig, and relaunched hoge.gg as an independent newsroom with an editorial code of conduct.

Every legacy page — roadmap, how-to-buy, the NFT gallery — remains archived and reachable. Nothing was deleted. The original homepage is preserved at /legacy-index.html. We have kept all the originals so the community and search history stay intact.