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Hocus Pocus Finance
Hocus Pocus Finance is one of the most innovative and magical projects in the world of decentralized finance. It's a revolutionary platform that leverages the power of blockchain Spells to create a new, transparent, and decentralized financial system on the PulseChain network.
At the heart of this project is the Hocus Pocus Aether, a powerful smart contract responsible for managing the entire platform. The Aether is supported by three contracts: the Hocus Pocus Token, the Hocus Pocus Cauldron NFT, and the Hocus Pocus Spell (booster) NFT. The Hocus Pocus Token serves as the native currency of the platform, and it acts as the backbone of the entire system.
As a holder of liquid Hocus Pocus tokens, you can start the brewing process anytime by throwing a certain amount of HOC tokens into the magical Cauldron, turning these tokens into a tradable NFT. The brewing process starts with an empty Cauldron, where new tokens are magically brewed every day, and due to the mighty power of blockchain, more tokens are always created than initially used when the brewing process is completed. The brewing process can be boosted using a Booster NFT, which can increase the brewing rate up to 100%. The Hocus Pocus Cauldron NFT, which includes the right to the principle and the brewed tokens, can be traded during the brewing process on the open market with the principals and brewed tokens wrapped in the NFT.