[Crypto projects](https://revain.org/projects/) › House Party Protocol

# House Party Protocol (HPP): how it works, supply and reviews

## In short

- **Type**: Ethereum layer 2 network built on Arbitrum Orbit, EVM-compatible.
- **Maximum supply**: Hard cap of 1,700,000,000 HPP with no inflationary issuance.
- **Risks and caveats**: Holders of legacy AERGO and AQT must swap to HPP; HPP warns users to check contract addresses to avoid loss of funds.
- **Checked**: 1 November 2026

## Key facts

- **Ticker**: HPP
- **Official site**: [hpp.io](https://www.hpp.io/)

Key facts checked on 1 November 2026 against official sources.

## What is House Party Protocol

House Party Protocol (HPP) is an Ethereum layer 2 network built on Arbitrum Orbit and aimed at AI and data applications. It is the successor of the Aergo blockchain, whose AERGO token migrates to the HPP token at a 1:1 ratio.

## Network and consensus

| Parameter | Details |
|---|---|
| Type | Ethereum layer 2 network built on Arbitrum Orbit, EVM-compatible. |
| Runs on | Three layers: HPP Mainnet (Arbitrum Orbit L2), Ethereum (settlement, L1) and the legacy AERGO Mainnet. |
| Launched | HPP Public Mainnet went live on 18 August 2025. |
| Smart contracts | HPP Mainnet chain ID 190415; gas is paid in ETH. |
| Consensus | The legacy Aergo layer 1 uses DPoS consensus and Lua smart contracts; its network went live in April 2019. |

## Supply and issuance

| Parameter | Details |
|---|---|
| Maximum supply | Hard cap of 1,700,000,000 HPP with no inflationary issuance. |
| Initial distribution | Supply vests over 80 months; allocations are held in separate vaults with third-party custodians. |
| Issuance | 76% of newly issued HPP is allocated to community-focused initiatives. |
| Staking rewards | Staking runs in seasons of about three months with a seasonal APR model. |
| Initial distribution | Migration: 1 AERGO = 1 HPP; 1 AQT = 7.43026 HPP via the migration portal. |

## What HPP is used for

- Gas and fees for layer 2 transactions, AI executions and API calls.
- Staking and delegation by validators and data providers.
- Governance through token-weighted voting.
- Buying, selling and licensing datasets and AI models in the ecosystem.

## Who develops and governs House Party Protocol

- **Governance**: HPP DAO decides protocol upgrades, treasury use and governance rules; execution is left to operational entities.
- **Governance**: Protocol decisions go through HPP Agora, the on-chain DAO launched in April 2026.
- **Developer**: HPP is co-developed with Aergo, Alpha Quark (AQT), Booost and VaaSBlock.
- **Open source**: GitHub organisation hpp-io, created 2 April 2025.

## History

| Date | Event |
|---|---|
| 2019 | Aergo launched as an enterprise-focused hybrid blockchain. |
| February 2024 | The Aergo core team began a review of the project's positioning and long-term direction. |
| April 2025 | The community approved AIP-21, adopting the House Party Protocol name and the merged ecosystem. |
| — | The Aergo team thanked the community after AIP-21 passed and said it would build the layer 2 first. |
| — | AIP-22 proposed moving HPP's layer 2 from OP Stack to Arbitrum's stack. |
| 18 August 2025 | HPP Public Mainnet went live. |
| April 2026 | HPP Agora, the on-chain DAO, launched. |

## Security and audits

- HPP says its contracts were audited by CertiK and its reserves are held in BitGo institutional custody.
- In April 2025 a DDoS attack made the Aergo website temporarily unavailable; the team reported it back online and warned of impersonation scams.

## Security incidents

| Date | What happened | Source |
|---|---|---|
| 14 April 2025 | Outage: A DDoS attack made the Aergo website temporarily unavailable; Aergo later said the site was fully back online and warned users about impersonation and scam DMs. No loss of funds was stated. | [x.com](https://x.com/i/status/1911684243530616856) |

## Official HPP contracts

| Network | Contract address |
|---|---|
| Ethereum | [0xe33fbE7584EB79e2673abe576B7AC8C0De62565c](https://etherscan.io/token/0xe33fbE7584EB79e2673abe576B7AC8C0De62565c) |
| HPP Mainnet | [0xB48334E7938367bC24Fe1F19000D6f06C622E6c7](https://explorer.hpp.io/token/0xB48334E7938367bC24Fe1F19000D6f06C622E6c7) |

HPP token contracts as published in the HPP docs. The legacy AERGO ERC-20 contract is 0x91af0fbb28aba7e31403cb457106ce79397fd4e6 (https://etherscan.io/token/0x91af0fbb28aba7e31403cb457106ce79397fd4e6).

## Risks and caveats

- Holders of legacy AERGO and AQT must swap to HPP; HPP warns users to check contract addresses to avoid loss of funds.
- Token allocations vest over 80 months, so circulating supply grows over time.
- Staking rewards follow a seasonal model whose rules can change each season.

## Official links

- Website: [www.hpp.io](https://www.hpp.io/)
- Docs: [docs.hpp.io](https://docs.hpp.io/)
- Blog: [blog.hpp.io](https://blog.hpp.io/)
- Block explorer: [explorer.hpp.io](https://explorer.hpp.io/)
- Source code: [github.com/hpp-io](https://github.com/hpp-io)

## Questions and answers

**What is House Party Protocol (HPP)?**

HPP is an Ethereum layer 2 built on Arbitrum Orbit for AI and data applications, and the successor of the Aergo blockchain.

**Is Aergo now HPP?**

Yes. The AIP-21 vote in April 2025 adopted the House Party Protocol name; AERGO swaps to HPP at a 1:1 ratio.

**What is the maximum supply of HPP?**

1,700,000,000 HPP, with no inflationary issuance.

**How do I swap AERGO to HPP?**

Through the HPP Migration Portal: 1 AERGO = 1 HPP, and 1 AQT = 7.43026 HPP.

## Sources

- [HPP Docs - Welcome](https://docs.hpp.io/)
- [HPP Docs - Tokenomics](https://docs.hpp.io/community/tokenomics)
- [HPP Docs - Migration Guide](https://docs.hpp.io/community/migration-guide)
- [HPP Docs - Staking Guide](https://docs.hpp.io/community/staking-guide)
- [HPP Docs - Network Information](https://docs.hpp.io/getting-started/network-information)
- [HPP Docs - Token Address](https://docs.hpp.io/getting-started/hpp-contracts)
- [HPP Docs - How HPP Works](https://docs.hpp.io/readme/how-hpp-works)
- [HPP Docs - HPP DAO](https://docs.hpp.io/community/hpp-dao)
- [HPP Blog - AIP 21: Introducing the House Party Protocol](https://blog.hpp.io/aip-21-introducing-the-house-party-protocol-the-new-unified-ecosystem-updated/)
- [HPP Blog - Letter after the passage of AIP-21](https://blog.hpp.io/a-letter-from-the-aergo-team-following-the-passage-of-aip-21/)
- [HPP Blog - AIP-22: ARB Stack](https://blog.hpp.io/aip-22-shifting-gears-proposing-arb-stack-as-the-new-foundation-for-hpp/)
- [HPP Blog - Public Mainnet Is Live](https://blog.hpp.io/house-party-protocol-public-mainnet-is-live/)
- [HPP Blog - 2025 Recap](https://blog.hpp.io/2025-recap-aergo-to-hpp-from-proven-enterprise-to-an-ai-native-infrastructure/)
- [HPP Blog - 6 Years of AERGO](https://blog.hpp.io/6-years-of-aergo-a-message-to-the-aergonauts/)
- [HPP Blog - Message on recent price fluctuations](https://blog.hpp.io/a-message-to-the-hpp-community-regarding-recent-price-fluctuations/)
- [HPP Blog - Staking Season 2](https://blog.hpp.io/hpp-staking-season-2-is-live-hold-earn-starts-now/)
- [Aergo (X) - Website status update: DDoS attack](https://x.com/i/status/1911684243530616856)
- [Aergo - website](https://www.aergo.io/)
- [Etherscan - HPP token](https://etherscan.io/token/0xe33fbE7584EB79e2673abe576B7AC8C0De62565c)
- [GitHub - hpp-io organisation](https://github.com/hpp-io)

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Page updated: 2026-11-01

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Source: https://revain.org/projects/house-party-protocol/
