We are pleased to confirm that the $HERA presale will open on 12 May 2025 at 10:00 UTC on the Optimism network. This is the sole opportunity to acquire $HERA at mint—there will be no subsequent farming programs, retro-active airdrops, or advisor sales.

Why you want $HERA in your wallet

$HERA is more than a governance badge. It lets you stake, earn a share of protocol fees in real time, and influence every risk parameter on Herafi. Full utility is public here: https://docs.herafi.xyz/docs/token-utility. After mainnet launch, no farming, no private placements, and no further emissions are planned. If you miss the presale, your only option will be to buy on the open market.

After launch, the only way to acquire new tokens will be through DEX (e.g. Uniswap) or secondary market.

Bullet-proof investor protection

Sale economics at a glance

Tiered pricing

Vesting & day-one float

• 10% unlocked at TGE: 220,000 tokens

• 90% locked: 1,980,000 tokens

• Progressive vesting schedule:

  • 15% released at the end of Month 1: 330,000 tokens

  • 25% released at the end of Month 2: 550,000 tokens

  • 50% released linearly over Months 3-6: 1,100,000 tokens (approximately 275,000 tokens per month)

• Purpose: Initial capital for development and operations

This represents the vesting schedule if all 2.2 million tokens from the presale are sold. However, the distribution will be proportionally adjusted if the hard cap isn't reached. For example, if only 200,000 tokens are sold during the presale, just 20,000 tokens will be distributed on the first day (10%). We will strictly adhere to the defined percentage allocations regardless of the total amount sold.

Use of funds (soft-cap scenario)

A healthy token economy needs liquidity and a runway. We commit 25% of whatever we raise straight into a 50/50 pool; this absorbs the first wave of trading without starving the project of capital.

• 35 % goes to the treasury.

• Marketing receives 25 % — campaigns, partner integrations, and ecosystem incentives that push real volume through Herafi (and thus real fees to stakers).The team’s slice is vesting over 10 months, and the legal budget guarantees we stay compliant in every jurisdiction we serve. The funds raised for the team will be used to expand our staff and keep the team focused and dedicated to the project over the coming months. We have many features to add in the upcoming months, which demands time and a larger team to deliver quality results.

Timeline

We want every milestone to give the community a clear ‘go / no-go’ signal.

• 9–11 May is about commitment with zero risk: register your wallet and lock in a 20% discount—nothing more.

• 12 May starts the presale and the instant-refund window; you keep full control of your ETH until you are 100 % comfortable.The sale closes on 14 May (or once the hard-cap is hit). Immediately after, funds and tokens move to a 3-of-5 multisig, and the contracts enter competitive audits on CodeHawks or Cantina (TBD).

  Only when every critical finding is resolved do we trigger liquidity deployment on Optimism—your cue that $HERA is live, tradeable, and already earning protocol fees for stakers.

Even after the presale ends and funds have been transferred to the multisig wallet, users can still request refunds. However, since the funds will have been moved, they will need to contact the team through a ticket in our Discord server.

If the soft-cap is not reached, funds will remain in the contract until the community decides whether they wish to proceed with the contribution, even though the soft-cap wasn't achieved.

We want everyone to feel comfortable contributing and to help us build a strong, united community. If you wish to request a refund, you are welcome to do so.

How to participate

1. Add Optimism to your wallet and fund it with ETH.

2. Register your address between 9 and 11 May to secure the 20% Tier 1 discount.

3. On 12 May 10:00 UTC, visit presale.herafi.xyz, choose the amount of ETH to commit, and confirm the transaction.

4. If you change your mind at any moment before the sale ends, click “Refund”—your ETH returns instantly.

5. Claim your initial 10% at TGE and let the rest vest automatically.

What’s next?

Referral program

There will be a referral program where each time someone makes a purchase using your referral link, you earn a portion in ETH of the purchase made by the user. More details in the coming days.

Join our community to participate in discussions and stay informed about all the latest news and future updates regarding Herafi Protocol, its upcoming presale, and launch.

Useful Links:

• Whitepaper

• Documentation

• Testnet

• Joins us: Discord

• Follow us: Twitter (X)

Therefore, we are initiating a campaign to reward participants who interact the most with our contracts on the Optimism Sepolia Testnet — leaderborad here. All testnet participants (as long as their wallet is eligible) will be rewarded, but the top 1,000 (rank here) will receive an additional prize on top of the base reward.

Active participants who regularly assist other members on Discord and frequently engage with Herafi Protocol on social media platforms will also be rewarded in another category.

How to Participate

First and foremost, to maintain control over participants and prevent duplicate accounts, participants must access the Herafi Protocol Airdrop and connect their Twitter account, link their wallet address, as well as connect their Discord, and then click the button to register their participation. From there, users will be able to access the dApp and interact with the contract.

⚠️ Duplicated accounts will be excluded from the campaign.

1. Access here: Herafi Protocol Airdrop

2. To participate in the Testnet, simply access the dApp (click here), request tokens from the faucet, swap tokens, provide liquidity etc.

In short, there are two active campaigns. The base airdrop campaign, where you need to fill in your details on the website above and stay active in the community (1), and the Testnet campaign (2), where the top 1,000 users in the ranking will earn extra rewards in addition to the base airdrop.

To climb the Testnet leaderboard, actions such as providing liquidity, swapping tokens, and removing liquidity will earn you points.

New suggestions on how to improve the project are always welcome and can be submitted through the #suggestions channel in our Discord community.

This campaign is active until May 10, 2025.

Summary

1. Register on the Herafi Protocol Airdrop.

2. Request tokens from the faucet.

3. Provide liquidity, swap tokens on the dApp.

4. Follow us on Twitter and join us on Discord.

5. Engage on social media.

Bonus

Like + respost:

https://x.com/HerafiProtocol/status/1917273941833572535

Herafi Protocol takes a significant step forward in its development and officially enters the public testing phase on Optimism Sepolia. This is an alpha phase; therefore, we anticipate potential interface bugs, which will be progressively resolved. We request that the community report any identified bugs through the official Telegram groups and, soon, via the Discord community.

About Herafi Protocol

Herafi Protocol enables users to gain exposure to multiple tokens through a single derivative token. Each derivative token has distinct compositions. On this first day of the testnet, only one derivative token is available. However, in the coming days, new derivative tokens will be added.

Herafi Protocol allows users to buy and sell these derivative tokens using tokens such as wETH, UNI, USDC, among others.

The testnet is officially live at https://testnet.herafi.xyz/.

Recommended Procedure

We initially recommend that users access the faucet (testnet.herafi.xyz/faucet), request test tokens, and subsequently add liquidity or perform swap operations, according to their preference.

For tokens with 18 decimals, only 1 token can be requested every 30 minutes.

Rewards Program

All actions executed on Herafi Protocol during the testnet period are recorded and will be counted toward rewarding the most active participants during this phase. In the coming days, we will provide a ranking of the most engaged wallet addresses. We plan to reward approximately 2,000 unique participants in this phase. Additional details about this program will be disclosed soon, but the campaign is officially underway.

To be eligible for active participation in the campaign, with possibilities of receiving an airdrop, the user's wallet address must have conducted a minimum of 5 transactions on the Ethereum or Optimism blockchains before April 10, 2025. This requirement aims to ensure that participating wallet addresses are genuinely active and used by real users, thus preventing the participation of wallets created specifically for the rewards program.

Stay Connected

Join our growing community and stay updated on the latest developments:

Telegram: Join us

Twitter: @HerafiProtocol

Website: https://herafi.xyz/

Testnet: https://testnet.herafi.xyz/

We're thrilled to embark on this journey with our community and look forward to rewarding those who help shape the future of Herafi Protocol! The testnet starts on April 24, 2025 on Optimism Sepolia.

Campaign Overview

As part of our commitment to community-driven growth, this referral program represents the first of several planned initiatives during our testnet phase. The campaign is structured to reward users who help us expand our community while implementing measures to ensure fairness and prevent gaming of the system.

How to Participate

1. Visit https://earn.herafi.xyz/

2. Connect your wallet to generate your unique referral link

3. Share your referral link with friends

4. When a friend clicks your link, they'll be directed to our Telegram bot

5. Once they click START and join our official group, you'll automatically earn 10 points!

Reward Structure

The top 100 users with the highest point totals by the end of the campaign will be eligible to receive $HERA tokens. The current leaderboard is available for real-time tracking on our website.

Important Details

To maintain campaign integrity and ensure a fair distribution, we've implemented the following measures:

• Wallet Verification: Only users with a transaction history on Ethereum or Optimism can generate referral links. This requirement helps prevent bot participation and ensures authentic community growth.

• Duplicate Prevention: Our system prevents a single Telegram user from using multiple referral links, ensuring a level playing field for all participants.

What's Next

This referral program marks just the beginning of our community initiatives. Additional campaigns will be launched throughout our testnet phase, providing multiple opportunities for early supporters to earn $HERA tokens.

The airdropped tokens will follow a vesting schedule designed to encourage long-term participation and reduce immediate selling pressure. Complete details regarding token allocation and vesting will be announced closer to the distribution date.

Stay Connected

Join our growing community and stay updated on the latest developments:

Telegram: Join us

Twitter: @HerafiProtocol

Website: https://herafi.xyz/

We're thrilled to embark on this journey with our community and look forward to rewarding those who help shape the future of Herafi Protocol! The testnet starts on April 24, 2025 on Optimism Sepolia.

Herafi Protocol introduces a sophisticated derivative token system to the DeFi ecosystem. Our protocol offers derivative tokens that represent carefully weighted baskets of digital assets, with each basket deploying a significant portion of assets to generate yield through lending protocols.

These derivative tokens provide a unique combination of diversified asset exposure and passive yield generation in a single instrument, opening new possibilities for portfolio management in decentralized finance.

Core Mechanism: Multi-Asset Derivative Tokens

At the heart of Herafi Protocol lies our innovative approach to derivative tokens. Each derivative token represents a claim on a specific basket of underlying assets maintained in precise proportions.

The key mechanisms powering our derivative tokens include:

Weighted Asset Baskets

Each derivative token is backed by multiple assets in predetermined ratios. For example, a DeFi-focused derivative might contain 40% WETH, 20% WBTC, 20% AAVE, and 20% USDC. These weights are maintained through our protocol's advanced mathematical formulas that ensure proper collateralization regardless of market fluctuations.

Automated Yield Generation

Many of the assets backing the derivative tokens are deployed to generate yield. Initially, Herafi leverages Aave's lending markets for a portion of the collateral tokens, automatically generating continuous yield that enhances the value of the derivative tokens over time.

While not all collateral tokens will generate yield in our initial release, future updates will implement internal solutions like flash loan strategies to generate yield from a broader range of collateral tokens, reducing dependency on external protocols.

Simplified Acquisition Process

Users can acquire derivative tokens using just a single asset. For instance, by providing only WETH, the protocol automatically handles the conversion to establish the proper distribution across all assets in the basket.

Derivative Token Creation and Governance

It's important to understand how derivative tokens come into existence in the Herafi Protocol ecosystem:

1. Developer-Created Pools: Initially, the Herafi Protocol team creates and manages the derivative token pools, determining which collateral assets are included and their respective weights.

2. Community-Driven Selection: We actively listen to our community regarding which derivative tokens and collateral compositions would be most valuable, using this feedback to guide the creation of new derivative offerings.

3. Future Governance Control: As the protocol matures, decisions about creating new derivative tokens and their compositions will transition to governance control, allowing $HERA token holders to vote on these important protocol parameters.

Technical Implementation

Herafi Protocol employs a sophisticated system of smart contracts to maintain derivative baskets:

1. Nominal Units Calculation: Our protocol calculates the precise amount of each asset required for derivative tokens using a proprietary formula that accounts for asset weight, current market price, and decimal precision.

2. Shares-Based Accounting: We implement a shares-based accounting system to track each user's proportional claim on underlying assets and accrued yield, ensuring fair distribution based on participation.

3. Strategy Contracts: Specialized contracts manage the deployment of collateral assets to lending protocols, optimizing for yield while maintaining sufficient liquidity for redemptions.

Use Case: Portfolio Diversification with Yield

Consider a practical example of Herafi Protocol in action:

A trader wants broad exposure to the DeFi ecosystem without managing multiple positions. They deposit 1,000 USDC into our DeFi Index derivative pool, which has the following composition:

• 35% WETH (Ethereum)

• 25% WBTC (Bitcoin)

• 20% AAVE (Aave Protocol)

• 15% LINK (Chainlink)

• 5% USDC (Stability component)

The protocol:

1. Issues 1,000 hDefi tokens to the user (derivative tokens name for this composition)

2. Converts appropriate portions of the USDC into each token to maintain the specified allocations

3. Deploys the WETH, AAVE, and USDC portions to Aave's lending markets for yield generation

4. Continuously tracks the value of the basket as token prices fluctuate

If WETH appreciates 15% and AAVE appreciates 20% over a month, the hDefi tokens would reflect this appreciation while the deployed assets continue generating yield. When ready to exit, the user redeems their hDefi tokens and receives the current value of their diversified portfolio, including any accumulated yield—all through a single token rather than managing five separate positions across multiple platforms.

Strategic Trading with Derivative Baskets

Herafi Protocol's derivative tokens transform how traders can implement sophisticated market strategies. Instead of managing isolated positions, traders can:

Execute Thematic Investment Strategies

Our ecosystem of derivative tokens enables traders to align their portfolios with specific market themes or macroeconomic views. Whether bullish on interoperability protocols or expecting infrastructure tokens to outperform, you can express your conviction through a single derivative position.

Optimize Capital Efficiency

By consolidating multiple exposures into a single token, traders reduce the capital fragmentation that typically plagues multi-position strategies. This consolidation minimizes idle balances and maximizes the percentage of your portfolio that actively generates returns.

Implement Macro-Responsive Trading

As market conditions evolve, quickly adjust your exposure by transitioning between different derivative baskets. Economic uncertainty rising? Shift from a high-beta basket to a more defensive composition without executing multiple transactions.

Capture Dual Value Streams

Successful trading isn't just about buying low and selling high—it's about maximizing returns during holding periods. Herafi Protocol's derivatives generate yield while you wait for price targets, creating income streams alongside potential appreciation.

The Herafi Protocol dashboard delivers comprehensive performance metrics for your derivative positions, enabling data-driven decision-making through:

• Portfolio heat maps visualizing relative performance

• Historical correlation data between different derivative baskets

The HERA Token Ecosystem

The $HERA token integrates several mechanisms designed to align the interests of all stakeholders:

Protocol Direction - Staked $HERA grants voting power on crucial protocol decisions, including:

• Technical infrastructure upgrades

• Basket composition parameters

• Risk management

• Treasury fund allocation

Value Capture System - The protocol's economic design ensures value flows back to token holders:

• Platform activity generates transaction fees

• A portion of the protocol fees are distributed to $HERA stakers.

• Distribution occurs automatically based on staking duration and amount

Supply Equilibrium Mechanism - To create sustainable tokenomics

• A portion of protocol revenue is allocated to market operations

• These funds purchase $HERA tokens

• Acquired tokens are permanently removed from circulation

• This decreasing supply creates natural scarcity over time

Unlike simple governance tokens, $HERA creates a virtuous cycle where increased protocol adoption directly benefits long-term holders through both revenue sharing and supply reduction.

The only way to obtain $HERA tokens will be through participation in Airdrop campaigns (which will take place prior to the mainnet launch) and the pre-sale. After the launch, the only way to acquire $HERA tokens will be by purchasing them on the market. We will not distribute $HERA tokens via staking. However, it is important to note that the distribution of $HERA tokens through the airdrop will occur only after the mainnet launch and will follow a vesting period.

This approach reflects our commitment to maintaining the health of the governance token's price and honoring those who joined early and contributed to the growth of the protocol.

Community Participation Program

We're establishing a community participation program to reward active contributors to the Herafi Protocol ecosystem. The program will distribute tokens to:

• Testnet Participants: Users who test the protocol and provide valuable feedback

• Community Contributors: Members who actively participate in discussions about future derivative tokens

• Community Ambassadors: Members who organically grow the Herafi Protocol ecosystem by educating newcomers, creating content that explains the protocol, and bringing diverse participants into our community

Participation tokens will be allocated from the Marketing & Partnerships budget, with specific distribution details announced prior to the testnet launch.

Join Our Upcoming Testnet

We're excited to announce that the Herafi Protocol testnet will be available in April 2025. This will be a crucial phase in our development journey, and we're eagerly looking forward to having community members test the platform, explore our derivative tokens, and share their valuable feedback.

Your participation and insights during the testnet phase will be instrumental in refining the protocol before mainnet launch. Additionally, active testnet participants will be eligible for our community token distribution program as we recognize and reward those who help improve Herafi Protocol through their engagement and suggestions.

Future Development

Our initial implementation focuses on integration with Aave for yield generation from eligible collateral tokens, but our development roadmap includes:

• Internal Yield Solutions: Creating proprietary mechanisms to generate yield from a broader range of collateral tokens, including flash loan strategies

• Expanding Yield Sources: Integrating with additional lending protocols beyond Aave

• Diverse Derivative Offerings: Creating specialized derivative baskets for various market segments based on community input

• Decentralized Governance: Transitioning derivative token creation and management to full community governance

Connect With Herafi Protocol

• Website: https://www.herafi.xyz/

• Twitter: https://x.com/HerafiProtocol

HerafiProtocol represents a new paradigm in DeFi derivatives—combining diversified asset exposure with yield generation to create a more efficient and powerful financial instrument for the decentralized economy.

The complete documentation and the whitepaper will be available in the first week of April.