⛓️H420

H420 is an OFT (Omni-chain) ERC20 Token that represents the HLX token with capabilities to move to different chains.

Minting

• Mint Phase: Always open

• Mint Cost: 1 H420 = 1 HLX

Supply

• H420 is mintable only from HLX. So, the supply of H420 is capped at the total HLX supply.

HLX Distribution from mints

Allocation	Percentage
Burn HLX	37%
Buy & Burn H420	28%
LP Adds (HLX/ELMNT and H420/E280)	28%
HLX DAO	2.8%
Genesis	4.2%

**HLX DAO receives 2.8% H420 tokens from every mint as well