Hord.App will feature both Passive ETFs and Champion-led hPools. These assets will be internally traded on the Hord orderbook DEX where fees are collected in HORD tokens, creating constant token demand and circulation. A large part of these fees are burnt forever, decreasing the amount of HORD tokens in circulation.
Volume to the DEX is driven by the oversubsctiption on hPools and ETFs and the sheer demand for such assets. Even 1 ETF with a similar trading volume to the DPI would burn 36% of all HORD tokens currently in circulation today.