Haust Network officially launches and enters first development phase

KIEV, Ukraine, April 26, 2024 (GLOBE NEWSWIRE) — Haust Network, a highly anticipated project in the Web3 industry, has officially launched and entered its first phase of development. We focus on community integration and expansion. Today, Haust Network boasts an extensive global community of participants from regions such as North America, Europe, Japan, Korea, and the Middle East. This rapid growth has established Haust Network as a global leader in the blockchain sector, providing an innovative governance model for Web3 blockchain investment solutions.

Haust Network is a unique first-layer liquidity network compatible with the Ethereum Virtual Machine (EVM) that uses a state-of-the-art Delegated Proof of Stake (DPoS) consensus mechanism. The emergence of this project marks a transformational change for the future of blockchain technology, demonstrating its infinite potential and outstanding prospects.

As the world’s first blockchain to integrate native returns, Haust Network seamlessly connects with mainstream blockchains such as Solana, Binance Smart Chain, Polygon, Avalanche, and Ethereum, providing users with a diverse trading experience. Haust Network transactions require no gas, representing a significant advancement in blockchain transactions.

The Haust Network allows users to benefit from an automated compounding mechanism that improves the balance of the network. This impressive system stems from staking liquidity across various Proof-of-Stake (PoS) networks, with significant profits flowing back into the accounts of Haust Network users, enabling rapid wealth accumulation.

Haust Network has received significant interest from top foundations and venture capital firms even during its development phase. This special attention highlights the enormous potential and unique appeal of the Haust Network and suggests significant future funding to support project development and ecosystem building.

The core of Haust Network lies in the Sucker Node, an intelligent contract system for asset management deployed on various blockchain networks. These smart contracts maximize user returns by allocating user funds to high-yield projects in each donor network.

When a user deposits funds into a Haustoria contract within one of the donor networks, the funds are distributed to the various profitable projects on that network according to predefined risk and return parameters. Upon depositing funds, users receive equivalent tokens within the Haust Network at a 1:1 ratio. Yield When a project generates revenue, the Haustoria contract distributes the revenue to all token holders according to their respective stakes.

Haust Network adopts an advanced governance model based on tokenless and secondary voting, giving users unprecedented power in decision-making and the opportunity to guide ecosystem development. HAUST token holders can lock their tokens to earn ve-tokens, which will allow them to participate in voting on important protocol developments. This innovative governance model provides the community with significant flexibility and autonomy.

Users will be able to vote on essential issues such as integrating the Haust Network with new donor networks, adjusting risk and return parameters, and allocating ecological funds. The secondary voting mechanism balances and protects the interests of each community member, effectively preventing the concentration of power in the hands of a few.

Haust Network emphasizes community participation in decision-making processes and shaping the direction of ecosystem development. A governance model based on ve-tokens and secondary voting provides broad participation opportunities for community members. This innovative governance approach breathes new life into ecosystem development by ensuring that community members are fully represented.

Haust Network’s vision is to set the benchmark in the global blockchain space by providing an unparalleled user experience and extraordinary wealth growth opportunities. The project aims to provide users with unique wealth growth and engagement opportunities by combining cutting-edge technology and innovative strategies.

As an innovative Web3 megaproject, Haust Network will continue to lead the development of blockchain technology and Web3 fields. Its unique design and innovative mechanisms provide users around the world with unparalleled wealth growth opportunities and an exceptional user experience. Going forward, Haust Network is poised to maximize its enormous potential while exerting a broad and deep impact on the global blockchain industry.

For more information and updates on Haust Network, please visit:

Official social media: https://twitter.com/HaustNetwork
Official community: t.me/haustnetwork
Email: info@haust.network
Official website: www.haust.network

source: house network

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