/biz/ - Business & Finance

>>58272404
Pretty much, it's 1:1
I tested it myself earlier with a small amount, instead of Trillions you'd get billions, but the value of the tokens is the same. Gas fees were stupid low, like 10 cents
That's why this was done, the goal of BASE HOKK is not ''Ugh, let's forget about the holders, and make a new contract on Base''
It's a proxy contract through Axelar, real tech.
The best part is yet to come, the community is now starting to come together to add more funds to the LP, once that happens big buys can start to come into Base, then there's an arbitrage bot that will sell the price difference between BASE/ETH to always keep the price balanced on each side

It unironically also opens the door for HOKK to go to Avax, FTM, BNB, Polygon, Moonbeam + develop further utility for the token, all while benefitng both ETH and Base holders, which is the main goal.
Idk about you, but I find this cool as fuck.