Hats Finance

## About Hats Finance Founded in 2021, Hats Finance is a decentralized security (DeSec) protocol offering permissionless and scalable security and AI Safety services for protocols. Hats Finance’s DeSec model allows for security to be incentivized, creating synergistic alignment between users, security researchers and projects. Hats Finance believes that DeSec is the expressway for scalable security for everyone. ## Token Details - **Ticker:** HAT - **Blockchain:** Arbitrum - **Total Supply:** 100,000,000 HAT - **Initial Circulation:** 8.68% ## Summary - Pioneering DeSec since 2021 - Over $1M USD in bounty rewards paid to security researchers in the last 3 years - Raised $4.2M USD in previous rounds at a $36M valuation - Secured 40+ audit customers, including leading protocols such as Safe, Liquity, EtherFi, and Aleph Zero - Web3 native team with 40+ years of combined crypto experience ## What Sets Hats Finance Apart Hats Finance is bringing the first on-chain and tokenized security protocol, offering greater transparency, incentive-alignment, and scalability to web3 security. Upon TGE, Hats Finance will be the first "sufficiently decentralized" and tokenized security platform in the audit competition space. ![](https://ipfs2.hats.finance/ipfs/QmY5iVUyajoLpsmEbk4LPqNLqU7RsuhGBTtRHbYFvBAYeQ) ## Product Offerings - **Audit Competitions** - **Bug Bounties** Both security products utilize Hats Finance's permissionless vault mechanisms and incentivized reward mechanisms to drive efficient and active participation. ![](https://ipfs2.hats.finance/ipfs/Qma7F3KzyrLpvXUNTQH7j8Uk5XNJi152RFYo9mjwkwDsxZ) ## AI Safety Hats Finance is expanding its focus to include AI Safety, recognizing the growing importance of security in the AI field. ![](https://ipfs2.hats.finance/ipfs/QmVBNSV19ovQbXDbu54r4iV7ztEuBPR7TSYNzMfiyP5ud9) More details on this initiative will be shared in future updates. ## $HAT Token Utility 1. **Governance Participation:** - Hold $HAT to gain voting power in Hats Finance's governance - Opportunity to join "guilds" and become a compensated active contributor 2. **Bug Bounty Farming:** - Deposit $HAT tokens into the Hats Finance Bug Bounty Vault to earn APY 3. **For Security Researchers:** - Earn Hat Points and $HAT tokens for submitting valid bugs - Stake $HAT to submit reports without paying transaction fees 4. **For Protocols and Customers:** - Stake a minimum amount of $HAT to deploy a vault on the platform - Increased visibility and competitiveness for vaults with higher $HAT stakes *Note: Exact figures for utilities are subject to finalization and may evolve with DAO governance.* ## Tokenomics ![](https://ipfs2.hats.finance/ipfs/QmcJnEL868FVothtPqyaP4L5ntuuyzm7gUf7ubSX13qWtJ) ## Team Hats Finance boasts a lean but experienced crypto-native team of about 13 members with over 40 years of combined crypto experience. Key team members include: **Founder:** Oliver Hörr - Active in crypto since 2017 - Ex-CFO portfolio strategist at Merck KGaA **CTO and Ideator:** Shay Zluf - Web3 developer since 2014 - Professional experience with Prysmatic Labs **Head of Marketing:** Adelia Su - Founding member and ex-marketing lead at Lista DAO - Previous experience as management consultant at Roland Berger and Corporate Analyst at JP Morgan ![](https://ipfs2.hats.finance/ipfs/QmRZXNBQ3rCf2RbbHgUyr4FfABLFCdaDwg8pJpwtacG8G9) ## Backers Hats Finance has raised a total of $4.2M across four rounds: 1. First tranche: $1.8M at $16M valuation ($0.16 per token) 2. Second tranche: $2M at $36M valuation ($0.36 per token) 3. Third tranche (bridge round): $360K at $36M valuation ($0.36 per token) 4. Public Sale: $56K at $40M valuation ($0.40 per token) ![](https://ipfs2.hats.finance/ipfs/QmRWsF162cw7Kv3wS841vtyfpKpN5MuH8pm4wxRZgAaa1e) ## Partners ![](https://ipfs2.hats.finance/ipfs/QmW5ps1oTkwboKwVkgopLecTHfVL4RWyqPVshHQ4JTQmNN) ## Initial Listing and Liquidity - Hats Finance plans to initially list $HAT on Camelot, a native Arbitrum DEX - A combination of LBP funds and existing treasury will be used to seed the initial liquidity for $HAT - Any unsold $HAT tokens or unclaimed airdrops will be returned to the Hats Finance DAO treasury ## Roadmap Highlights ![](https://ipfs2.hats.finance/ipfs/QmcjhwKqnCJLTM4RUDdEmHod2f3NFLrpdJnMaenXPeKfwm) ## Join the Hats Finance Ecosystem By participating in the HAT token sale, you're not just investing in a token – you're becoming part of a revolutionary approach to web3 security. The $HAT token allows everyone in the security value-chain to share greater incentives and collective ownership of Hats Finance, creating a flywheel that further secures the space. For more information and updates: - [Official Website](htpps://hats.finance) - [Twitter](https://x.com/HatsFinance) - [Telegram](https://t.me/HatsFinance) - [Discord](https://discord.gg/4F8PnQuWcM)

Sale type
Liquidity Bootstrapping Pool
Fjord
Launch partner
Fjord
LP LockNone
Raise typePublic
Post SaleRedemption Delay
HAT
Arbitrum One
Hats Finance
## About Hats Finance Founded in 2021, Hats Finance is a decentralized security (DeSec) protocol offering permissionless and scalable security and AI Safety services for protocols. Hats Finance’s DeSec model allows for security to be incentivized, creating synergistic alignment between users, security researchers and projects. Hats Finance believes that DeSec is the expressway for scalable security for everyone. ## Token Details - **Ticker:** HAT - **Blockchain:** Arbitrum - **Total Supply:** 100,000,000 HAT - **Initial Circulation:** 8.68% ## Summary - Pioneering DeSec since 2021 - Over $1M USD in bounty rewards paid to security researchers in the last 3 years - Raised $4.2M USD in previous rounds at a $36M valuation - Secured 40+ audit customers, including leading protocols such as Safe, Liquity, EtherFi, and Aleph Zero - Web3 native team with 40+ years of combined crypto experience ## What Sets Hats Finance Apart Hats Finance is bringing the first on-chain and tokenized security protocol, offering greater transparency, incentive-alignment, and scalability to web3 security. Upon TGE, Hats Finance will be the first "sufficiently decentralized" and tokenized security platform in the audit competition space. ![](https://ipfs2.hats.finance/ipfs/QmY5iVUyajoLpsmEbk4LPqNLqU7RsuhGBTtRHbYFvBAYeQ) ## Product Offerings - **Audit Competitions** - **Bug Bounties** Both security products utilize Hats Finance's permissionless vault mechanisms and incentivized reward mechanisms to drive efficient and active participation. ![](https://ipfs2.hats.finance/ipfs/Qma7F3KzyrLpvXUNTQH7j8Uk5XNJi152RFYo9mjwkwDsxZ) ## AI Safety Hats Finance is expanding its focus to include AI Safety, recognizing the growing importance of security in the AI field. ![](https://ipfs2.hats.finance/ipfs/QmVBNSV19ovQbXDbu54r4iV7ztEuBPR7TSYNzMfiyP5ud9) More details on this initiative will be shared in future updates. ## $HAT Token Utility 1. **Governance Participation:** - Hold $HAT to gain voting power in Hats Finance's governance - Opportunity to join "guilds" and become a compensated active contributor 2. **Bug Bounty Farming:** - Deposit $HAT tokens into the Hats Finance Bug Bounty Vault to earn APY 3. **For Security Researchers:** - Earn Hat Points and $HAT tokens for submitting valid bugs - Stake $HAT to submit reports without paying transaction fees 4. **For Protocols and Customers:** - Stake a minimum amount of $HAT to deploy a vault on the platform - Increased visibility and competitiveness for vaults with higher $HAT stakes *Note: Exact figures for utilities are subject to finalization and may evolve with DAO governance.* ## Tokenomics ![](https://ipfs2.hats.finance/ipfs/QmcJnEL868FVothtPqyaP4L5ntuuyzm7gUf7ubSX13qWtJ) ## Team Hats Finance boasts a lean but experienced crypto-native team of about 13 members with over 40 years of combined crypto experience. Key team members include: **Founder:** Oliver Hörr - Active in crypto since 2017 - Ex-CFO portfolio strategist at Merck KGaA **CTO and Ideator:** Shay Zluf - Web3 developer since 2014 - Professional experience with Prysmatic Labs **Head of Marketing:** Adelia Su - Founding member and ex-marketing lead at Lista DAO - Previous experience as management consultant at Roland Berger and Corporate Analyst at JP Morgan ![](https://ipfs2.hats.finance/ipfs/QmRZXNBQ3rCf2RbbHgUyr4FfABLFCdaDwg8pJpwtacG8G9) ## Backers Hats Finance has raised a total of $4.2M across four rounds: 1. First tranche: $1.8M at $16M valuation ($0.16 per token) 2. Second tranche: $2M at $36M valuation ($0.36 per token) 3. Third tranche (bridge round): $360K at $36M valuation ($0.36 per token) 4. Public Sale: $56K at $40M valuation ($0.40 per token) ![](https://ipfs2.hats.finance/ipfs/QmRWsF162cw7Kv3wS841vtyfpKpN5MuH8pm4wxRZgAaa1e) ## Partners ![](https://ipfs2.hats.finance/ipfs/QmW5ps1oTkwboKwVkgopLecTHfVL4RWyqPVshHQ4JTQmNN) ## Initial Listing and Liquidity - Hats Finance plans to initially list $HAT on Camelot, a native Arbitrum DEX - A combination of LBP funds and existing treasury will be used to seed the initial liquidity for $HAT - Any unsold $HAT tokens or unclaimed airdrops will be returned to the Hats Finance DAO treasury ## Roadmap Highlights ![](https://ipfs2.hats.finance/ipfs/QmcjhwKqnCJLTM4RUDdEmHod2f3NFLrpdJnMaenXPeKfwm) ## Join the Hats Finance Ecosystem By participating in the HAT token sale, you're not just investing in a token – you're becoming part of a revolutionary approach to web3 security. The $HAT token allows everyone in the security value-chain to share greater incentives and collective ownership of Hats Finance, creating a flywheel that further secures the space. For more information and updates: - [Official Website](htpps://hats.finance) - [Twitter](https://x.com/HatsFinance) - [Telegram](https://t.me/HatsFinance) - [Discord](https://discord.gg/4F8PnQuWcM)
LP Lock
None
Raise Type
Public
Post Sale
Redemption Delay
Completed
Current Price
0.108
Tokens Sold
100.0%
Market Cap
427.7K
FDV
10.69M
Funds Raised
292.2K
Jul 25, 15:00:00
Loading chart data...
About Project
About Hats Finance
Founded in 2021, Hats Finance is a decentralized security (DeSec) protocol offering permissionless and scalable security and AI Safety services for protocols.
Hats Finance’s DeSec model allows for security to be incentivized, creating synergistic alignment between users, security researchers and projects. Hats Finance believes that DeSec is the expressway for scalable security for everyone.
Token Details
  • Ticker: HAT
  • Blockchain: Arbitrum
  • Total Supply: 100,000,000 HAT
  • Initial Circulation: 8.68%
Summary
  • Pioneering DeSec since 2021
  • Over $1M USD in bounty rewards paid to security researchers in the last 3 years
  • Raised $4.2M USD in previous rounds at a $36M valuation
  • Secured 40+ audit customers, including leading protocols such as Safe, Liquity, EtherFi, and Aleph Zero
  • Web3 native team with 40+ years of combined crypto experience
What Sets Hats Finance Apart
Hats Finance is bringing the first on-chain and tokenized security protocol, offering greater transparency, incentive-alignment, and scalability to web3 security. Upon TGE, Hats Finance will be the first "sufficiently decentralized" and tokenized security platform in the audit competition space.
Product Offerings
  • Audit Competitions
  • Bug Bounties
Both security products utilize Hats Finance's permissionless vault mechanisms and incentivized reward mechanisms to drive efficient and active participation.
AI Safety
Hats Finance is expanding its focus to include AI Safety, recognizing the growing importance of security in the AI field. More details on this initiative will be shared in future updates.
$HAT Token Utility
  1. Governance Participation:
    • Hold $HAT to gain voting power in Hats Finance's governance
    • Opportunity to join "guilds" and become a compensated active contributor
  2. Bug Bounty Farming:
    • Deposit $HAT tokens into the Hats Finance Bug Bounty Vault to earn APY
  3. For Security Researchers:
    • Earn Hat Points and $HAT tokens for submitting valid bugs
    • Stake $HAT to submit reports without paying transaction fees
  4. For Protocols and Customers:
    • Stake a minimum amount of $HAT to deploy a vault on the platform
    • Increased visibility and competitiveness for vaults with higher $HAT stakes
Note: Exact figures for utilities are subject to finalization and may evolve with DAO governance.
Tokenomics
Team
Hats Finance boasts a lean but experienced crypto-native team of about 13 members with over 40 years of combined crypto experience. Key team members include:
Founder: Oliver Hörr
  • Active in crypto since 2017
  • Ex-CFO portfolio strategist at Merck KGaA
CTO and Ideator: Shay Zluf
  • Web3 developer since 2014
  • Professional experience with Prysmatic Labs
Head of Marketing: Adelia Su
  • Founding member and ex-marketing lead at Lista DAO
  • Previous experience as management consultant at Roland Berger and Corporate Analyst at JP Morgan
Backers
Hats Finance has raised a total of $4.2M across four rounds:
  1. First tranche: $1.8M at $16M valuation ($0.16 per token)
  2. Second tranche: $2M at $36M valuation ($0.36 per token)
  3. Third tranche (bridge round): $360K at $36M valuation ($0.36 per token)
  4. Public Sale: $56K at $40M valuation ($0.40 per token)
Partners
Initial Listing and Liquidity
  • Hats Finance plans to initially list $HAT on Camelot, a native Arbitrum DEX
  • A combination of LBP funds and existing treasury will be used to seed the initial liquidity for $HAT
  • Any unsold $HAT tokens or unclaimed airdrops will be returned to the Hats Finance DAO treasury
Roadmap Highlights
Join the Hats Finance Ecosystem
By participating in the HAT token sale, you're not just investing in a token – you're becoming part of a revolutionary approach to web3 security. The $HAT token allows everyone in the security value-chain to share greater incentives and collective ownership of Hats Finance, creating a flywheel that further secures the space.
For more information and updates:
Sale Details
Price Discovery
Start Price Per Token
0.0₄15 USDCUSDC
Start Weights:
99.0%HAT
1.0%USDC
End Weights:
1.0%HAT
99.0%USDC
Max Raise(Hard Cap)
0 USDCUSDC
Sale Network:
Arbitrum One
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Jul 22, 2024, 3:00 PM UTC
Duration
3 days
End Date
Jul 25, 2024, 3:00 PM UTC
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Delay from Sale End
12 hours
Redemption Opens
Fri 26, 2024, 3:00 AM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
FAQ
Connect your wallet, review the sale details, then choose the token and amount you want to contribute. If approval is required, approve the spending limit first, then confirm the purchase in your wallet.
Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.