🔧Technical Details and Infrastructure

An in-depth technical analysis of Himalaya and its profit-sharing mechanism.

The Himalaya ecosystem is built on the Ethereum blockchain, utilizing the ERC-721 standard for the NFTs and the ERC-20 standard for the $HIMA token. The total supply of Himalaya collectibles is X and the total supply of $HIMA tokens is 66,666,666,666.

• Smart Contract Security Our launchpad and marketplace are built using smart contracts that are audited and secured by multiple independent third-party auditors to ensure reliability, security, and transparency. Our smart contracts are written in Solidity, a programming language specifically designed for the Ethereum blockchain.

• Profit Share Percentage Our system for upscaling the percentage of profits of Himalaya NFT holders is based on the total number of Himalaya NFTs and $HIMA tokens held by each holder. This percentage is dynamic and adjusts in real-time to ensure that the total profit share percentage always adds up to 100%.

• Weighted Voting System To achieve this, we use a weighted voting system that takes into account both the number of Himalaya NFTs and $HIMA tokens held by each holder. The formula for calculating the weight of each holder's vote is as follows: Weight = (Total number of Himalaya NFTs held by the holder / Total number of Himalaya NFTs in circulation) x 0.8 + (Total number of $HIMA tokens held by the holder / Total supply of $HIMA tokens) x 0.2 This formula ensures that both the number of NFTs and the amount of tokens held by each holder are taken into account when determining their percentage of profits. The weight of each holder's vote is used to calculate their percentage of the total profit share.

• Deflationary Mechanism Furthermore, a percentage of the mintable NFTs can be purchased with $HIMA tokens. The tokens used to purchase these NFTs will be burned, decreasing the total supply and increasing the value of the remaining tokens. This deflationary mechanism ensures that the $HIMA token has a finite supply and incentivizes token holders to hold onto their tokens rather than sell them.

• Security Measures To ensure the security and integrity of the platform, we use multiple layers of security, including HTTPS and SSL encryption, two-factor authentication, and regular security audits. Our team is comprised of experienced developers and security professionals who have a proven track record in the blockchain industry.

Overall, our technical infrastructure is designed to ensure the reliability, security, and scalability of the project and its associated token. Through our dynamic profit share percentage system and deflationary mechanism, we aim to incentivize long-term holding of the $HIMA token while rewarding our NFT holders with a fair and transparent profit share.