Hyperflair (Flair) White Paper

DISCLAIMER

Hyperflair Whitepaper last updated Dec 31 2022.
This document is for educational and informational purposes only. It does not provide financial advice.

This is not a recommendation to offer, buy or sell financial advice, it is strictly informational. Any investment involves substantial risks relating, but not limited to, general business, economic, and market conditions, the potential complete loss of principal, national and international politics, financial regulations, and military or social unrest. Investors should conduct their own due diligence, and may seek assistance from professional financial, legal and tax experts, on topics discussed in this document and develop a n independent judgment of the relevant markets prior to making any investment decision.

The information in this White Paper is subject to change or update and should not be construed as a commitment, promise or guarantee by the

Company (Hyperflair) or any other individual or organisation mentioned in this white paper relating to the future availability of services related to the use of the tokens or to their future performance or value.

None of the Company, or its shareholders, or any of their respective officers, directors, employees, affiliates, agents, or representatives, makes any representation or warranty, expressed or implied, as to the accuracy or completeness of this white paper or any of its contents, and no legal liability is assumed or is to be implied against any of the aforementioned with respect thereto.

No information contained in this white paper or any other written or oral communication transmitted or made available to a recipient of this white

paper is, or shall be relied upon, as a promise or representation, whether as to the past or future, and no liability will attach except as may be provided

in a definitive agreement when, as, and if it is executed and subject to such limitations as may be provided in such agreement. In addition, any projections and estimates or other forward-looking statements contained in the white paper involve numerous and significant subjective

assumptions and are subject to risks, contingencies, and uncertainties

(Many, if not most of which, are outside the control of the Company and its affiliates) which could cause actual results to differ materially.

TOKEN

HYPERFLAIR is a multi function token, not a security.

A deflationary token for the community who wants to be rewarded for their long-term commitment, where they can earn growth in the Hyperflair price, as well as a passive income stream from stablecoin BUSD rewards while watching their portfolio grow.

In addition, Hyperflair NFT is aiming to be the largest trader on the Binance Smart Chain with its Open API offering. This allows us to match up against our ETH competitors with less in gas fees and more in rewards for NFT artists, stakers, traders and hodlers.

Included in the Hyperflair system is a lightning-fast on-board swap App, plus Staking and Yield Farming for a complete investor offering.

Hyperflair, launching in Q1 2023 will be a high paying reward tokens on the Binance Smart Chain, automatically rewarding its holders in the form of Binance Pegged BUSD. Since BUSD is a stable coin pegged to the US Dollar it will never shift in price, making it a great choice for passive income.
As a DeFi token that automatically rewards investors with a stable passive income for holding, Hyperflair helps to reduce the risks involved

during times of cryptocurrency market volatility.
Holders can keep earning during a crypto bear market as token price does not affect the BUSD rewards. Over time, holders can earn enough BUSD rewards to cover their initial purchase, turning their investment into a cost free asset.

A two — pronged fee system creates a sustainable ecosystem to allow the BUSD rewards collected from every buy and sell order, plus more BUSD from manual rebasing to continue flowing for the life of the token.

In addition, a portion of fees will supply the Yield Farm so that the Yield Farm distribution will never end.

Hyperflair is proud to have created a secure protocol and ecosystem to sustain both passive income and price momentum.

NFT SITE

Hyperflair is leading the way with a comprehensive NFT site on the Binance Smart Chain to attract artists, game developers and metaverse builders.

The Web3 NFT marketplace for Books, Art, Gaming and the Metaverse will also provide additional staking, airdrop and earning opportunities.

Our own NFT collection for Hyperflair is being created. A popular NFT artist is in the process of creating a highly collectable set of NFT’s for early adopters of our ecosystem. We expect the value of this collection (being the first) to increase in value considerably.

HYPERVERSE

The Hyperflair Metaverse in the roadmap is to create a Hyper-verse where users can interact with NFT’s.
The Hyper-verse is in early stage of concept development and is expected to be completed in 2024.

TOKENOMICS

Hyperflair is the token that forms the smart contract deployed on Binance Smart Chain.

Total Hyperflair supply 1Billion Tokens

The two-pronged fee structure

Buy Fee Redistribution: 12%.

4% BUSD to holders. (Auto Delivered and spread evenly across all Token Holders).

3% toward Manual Buy -Back & Burn.

3% toward Marketing.

1% toward Hyperflair Blockchain Development.

1% toward Yield Farm supply.

Sell Fee Redistribution: 16%.

4% BUSD to holders. (Auto Delivered and spread evenly across all Token Holders).

5% toward Manual Buy -Back & Burn.

3% toward Marketing.

1% toward Hyperflair Blockchain Development.

3% toward Yield Farm supply.

*Note: Fees also incur when transferring from private wallet to private wallet

ANTI-DUMPING

It is important to be aware of the anti -dump mechanics that are in place to protect those who invest in Hyperflair.

A buy limit of 50 Million Hyperflair tokens per order is in place to reduce the amount of large holders causing price manipulation.

A sell limit of 50 Million Hyperflair tokens per order is in place to prevent major dumping of tokens. This sell limit can be changed in future when a stable price floor is met.

SLIPPAGE

DEX’s determine the slippage percentage in its own back-end systems. It often creates a higher slippage percentage buffer to minimize the risk of failed transactions.

In the case of buying and selling the Hyperflair token, the slippage percentages can seem high, but they are not the transaction fees that users will incur.

Slippage, DEX fees, and Gas fees are each separate functions, all of which are out of our control, however the Hyperflair on system Swap is lighting fast so as to avoid slippage when transacting.

In addition Binance has one of the lowest gas fees available in crypto.

Here is an explanation of each function:

· Slippage% — the buffer used to assist your order for successful processing . This is NOT a fee.

· Swap Trade Fee — The fee for a swap to use the DEX.

· Gas Fees — Required to make transactions on the network.

Note: BSC gas fees are far cheaper in comparison to ETH network gas fees. Average gas on BSC is between 5 to 7 gWei which is ‘very low compared to Ethereum’.

Set slippage to buy Hyperflair to 15%. Slippage is just a buffer to ensure your buy does not fail.

Set slippage to sell Hyperflair to15%. Slippage is just a buffer to ensure
your sell does not fail.

BUY BACK & BURN

Manual Buy Back & Burn is a key component to maintain price stability for the future of Hyperflair.

Conducting a Buy Back & Burn helps to maintain price action and supply. A manual burn of tokens from the reserve can significantly stabilise the token price in a volatile market.

In the tokenomics, there is a 5% distribution from buy and sell fees for the buy-back & burn. This amount of Hyperflair will be stored and burned regularly. In addition, the BUSD earned from the wallet storing the fees will be used to buy back tokens.

The Hyperflair wallet used to buy-back Hyperflair tokens will not be exempt from fees, meaning that 5% of the buy-back will be returned as BUSD rewards to holders.
As the buy-back helps to increase the token price it will also provide a bonus in BUSD rewards to holders.

This process will permanently reduce the token supply. By reducing the supply, the number of dividends per token ratio will decrease, allowing holders to earn more BUSD per token. Reducing supply can also increase the value of the token as there will be less (Flair) available in the open market.

BUSD REWARD PROTOCOL

The BUSD reward protocol is built on a dividend system. The more Hyperflair tokens you hold, the more you will earn.
A fee system exists that takes a portion from buy and sell orders, converts the portion of the fee to BUSD, and then automatically sends the BUSD to the dividend pool to reward (Flair) holders.

For a dividend in a cryptocurrency token, each token is a representation of a share in the circulating supply. The more tokens you hold, the more dividend shares you hold of the token, which in turns equates to earning more BUSD from each buy and sell. This is a win-win for everyone involved in Hyperflair.

At the current circulating supply of 1 billion tokens, each token is worth 1/1 billion in dividends. As the circulating supply reduces with the manual rebasing, the dividend ratio decreases = more rewards per token.

For example:

If circulating supply were to reduce to 50 Million tokens, then the dividend ratio would decrease to 1/50 Million. This means you would earn more per share of the token you hold, therefore increasing your reward earnings.

The BUSD rewards are designed to continue flowing straight from trading. It is not reliant on the price of Hyperflair itself although a rising Hyperflair price is an additional saleable commodity for Token holders.
As long as buying and selling is occurring, the BUSD rewards will continue for the life of the token.

For example:

If the price of HYPERFLAIR is 0.05c and a buy order of $1,000 were made, then 4% of that order would become BUSD rewards.

If the price of HYPERFLAIR became 0.5c, a buy order of $1,000 would still retrieve 4% for BUSD rewards.

If someone sells HYPERFLAIR at 0.5c for $1,000, 14% would still be retrieved for BUSD rewards.

In other words the reward system benefits all token holders in BUSD payouts.

From every buy order there is 4% and from every sell order there is 4% that is converted into BUSD. If a buy & sell occur at the same time an 8% BUSD reward is paid out at once.

Payments are added to the next queue if their previous queued BUSD has not yet been paid to a holder . Each order will execute automatic pending payouts of up to 16 transfers. When a queue is cleared, the next queue is added to the holder wallet automatically.

An example of a reward payment cycle is as follows:

First Buy order of $1,000–4% BUSD = $40  Dividend Smart Contract

Added to payment queue for holders.

2nd Buy order of $1,000–4% BUSD = $40  Dividend Smart Contract

Added to next payment queue Cycle 16 pending reward payments.

3rd Buy order of $1,000–4% BUSD = $40  Dividend Smart Contract

Added to next payment queue Cycle 16 pending reward payments.

Sell order of $1 ,000 4% BUSD = $40  Dividend Smart Contract

Added to next payment queue Cycle 16 pending reward payments.

The amount of BUSD Rewards that can be earned is limitless.
With trading volume playing a role in the mount of BUSD rewards earned, as long as trading volume is present the BUSD reward will continue earning and paying out. The higher the trade volume, the higher the amount of BUSD will be rewarded each day.

For example:

1 Day of Buy Trade Volume $1,000,000 / 4% = $40,000 BUSD Rewards. 1 Day of Sell Trade Volume $1,000,000 / 4% = $40,000 BUSD Rewards.

= $80,000 BUSD Rewards paid out in 1 Day.

Or if there are more buys than sells for example:

1 Day Buy Trade Volume $5,000,000 / 4% = $200,000 BUSD Rewards. 1 Day Sell Trade Volume $1,000,000 / 4% = $40,000 BUSD Rewards.

= $240,000 BUSD Rewards paid out in 1 Day.

The price stability of the BUSD token allows holders to protect their earnings from market volatility. Even if the price of Hyperflair were to decrease during a bear market, the price of BUSD will remain the same.

Utilizing a stable coin as a reward token to holders is the ideal method to provide

peace of mind for holders of Hyperflair tokens.

The BUSD Dividend Pool is locked and can be found on BSCSCAN, these funds can never be accessed by the Hyperflair team.

MARKETING & DEVELOPMENT

Marketing is important to maintain a presence in the crypto space and attract new users. Hyperflair obtains a 3% fee from buy and sell orders that goes toward marketing and a 1% fee towards the development fund.

Developing new products is vital for Hyperflair to keep up with the ever-growing technology in the crypto space. Development funds are utilised for paying developers to build new applications for Hyperflair such as the Hyper-Metaverse, the Hyperflair Blockchain and attracting projects onto the eco-system.

YIELD FARMING

The Hyperflair Yield Farm will allow users to stake LP pairs to earn tokens and earn passive yield income. Simply stake your Flair tokens and place them into a yield farm to earn additional passive income.

STAKING POOLS

The Hyperflair Staking Pool will allow users to stake Flair to earn tokens and BUSD income.
Rewards of up to 4% of every transaction in BUSD is earned just for staking plus the price growth in the token value.
The more Stakers in the pool, the more the token price increases, the more BUSD the Hyperflair community makes.

NFT SITE

The Hyperflair Open API will allow NFT makers to mint their NFT’s onto Hyperflair for free as well as store them in wallets. There will be zero costs to users until an on system transaction takes place thus reducing the barrier to entry for using Hyperflair.

The Hyper NFT site features a no code Mint function, Trade, Stake and Earn functions as well as multiple payment options for buyers plus a collection manager and an aggregator for artists.

dApp with NFC

A dApp to allow payments of crypto currency through the new Apple Pay open architecture is in the roadmap. This will allow not just Flair token holders but a range of cryptocurrency holders to use our payments platform over the massive and global EFTPOS Network. More details about the exciting Flair NFC payments for iPhone will be added soon.

GOVERNANCE PROTOCOL

A Governance protocol to allow community members to vote on the platform will be introduced, the development team however, will have a fair percentage of the voting pool as they have the insight on what is working well on Hyperflair to attract customers and increase the token price.

SMART CONTRACT

The smart contract will not be renounced and remain open to develop and build new applications for the Hyperflair eco system.
Having an open and ownable smart contract does come with greater responsibility, where a high-level trust is placed upon the core development team to make the right decisions.

Consultation with the wider Hyperflair community is always conducted prior to any major decision-making process that may have significant outcomes for token holders.

SMART CONTRACT AUDIT

The smart contract security audit when successfully completed will be published on the website.
Time zone: WST.

LINKS

Email: team@hyperflair.io
Website: https://hyperflair.io
Twitter: https://twitter.com/Hyperflair_
Telegram: https://t.me/hyperflair
Discord: https://discordapp.com/users/955604588508110959
Medium: https://medium.com/@hyperflair