$15 000 USD

JUNE 2022

GLOBAL

HARE FINANCE

DESCRIPTION OF EVENTS

"Automated DCA Investment Protocol with Incentivized Rewards. Dollar-cost averaging is the way to maintain a stable investment and it is the backbone of the Hare Protocol. Utilizing the lightning fast Avalanche Network, you can earn stablecoin yields as your $Hare balance grows in the Hare Vault. Join us and become part of Hare Finance, the first of its kind - a dca protocol. Claim your stablecoin USDC rewards every hour!"

 

"Automated DCA Protocol (ADP) is a unique mechanism that provides higher stabilization for yield farming, staking, and NFTs. ADP enables users to leverage the dollar-cost average buys over a certain period of time."

 

"What makes the ADP a unique Protocol? It is the only protocol to employ automated buys with dollar-cost average of a platform token, and automatically staking it for the user. This method provides for unlimited and continuous passive stable income."

 

"Tomorrow is the big day, and we couldn’t be more proud of the team, our partners family, and our mods who helped us through this process. There has been a tremendous amount of hard work put into this protocol — especially by our developer Code Jacks. He has gone above and beyond to craft the unique DeFi experience that is Hare Finance."

 

On June 25, 2022 Hare Finance lost $15K due to private key compromise.

 

"Aegis Audits" "We are proud to announce we have begun onboarding @HareFinance for a full audit of their smart contracts. See you on the other side!"

 

"Guys, unfortunately the treasury wallet was hacked. We are doing refunds in the Discord server."

 

"We have a Hare-relief channel set up there and you can post your txn's. We will get to them asap."

Hare Finance was launching an automatic dollar cost averaging portfolio, which allowed investors to provide funds that would beautomatically invested with high returns promised. The project used a wide variety of promotions across social media. Within a few days of launching, funds disappeared from the wallet. Refunds were reportedly processed through Discord before media related to the project disappeared.

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

Get Social

  • email
  • reddit
  • telegram
  • Twitter

© 2021 Quadriga Initiative. Your use of this site/service accepts the Terms of Use and Privacy Policy. This site is not associated with Ernst & Young, Miller Thompson, or the Official Committee of Affected Users. Hosted in Canada by HosterBox.