👽Why Haunted Finance?

$HAUNTED aims to become the primary utility token of the Xinfin ecosystem and hopes to become a highly liquid, mirrored asset.

What differentiates $HAUNTED from other algorithmic tokens?

Unlike previous algorithmic tokens, $HAUNTED is not pegged to a stable coin-it is instead pegged to $XDC.

Why is this?

Haunted Finance believes in the potential of XinFin Network, and has chosen to align its mission to both provide value to and derive value from $XDC's future growth. In addition to existing and future use cases such as XDC Project, $HAUNTED aims to become the main medium of exchange on XinFin Network: this will be achieved by providing a mirrored, liquid asset to $XDC.

One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the Haunted team will maintain a focus on innovation around enhanced functionality and use cases.