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Topic: Hydranet (HDN) - World’s First Layer 3 DEX - Connecting BTC to ETH - page 2. (Read 1385 times)

newbie
Activity: 13
Merit: 0
It writes - No market price available for BTC -> USDT now
copper member
Activity: 63
Merit: 1
is it possible to change BTC native to USDT(erc-20) ?
what will be the difference with the Binance rate?

Yes,
native BTC to USDT swaps are already live on our Hydranet CoreDEX, you can download the CoreDEX on our official Website: https://hydranet.ai/download
Once the Hydranet WebDEX is live, a downloadable will no longer be necessary and you will be able to trade BTC against USDT and many more EVM tokens directly from within your browsers!


copper member
Activity: 63
Merit: 1
Hydranet - DEV Team Update

Fedeparma has just finished his master's degree course and is now joining Team Hydranet as our second full-time developer! 🎉
His primary tasks will be the development of the upcoming #WebDEX backend.

This includes:
- LITHIUM - a 4-5x cheaper state channel solution in comparison to Connext's Vector
- External Lightning Signer - world's first web implementation
- Lithium Liquidity Providers (LLPs) - world's first off-chain liquidity rental pools

With the rising fees, our product will be the best solution to trade, swap and bridge assets multiple times in a row! 🏆
newbie
Activity: 13
Merit: 0
is it possible to change BTC native to USDT(erc-20) ?
what will be the difference with the Binance rate?
copper member
Activity: 63
Merit: 1
Hydranet - Weekly Update #100


X/Twitter: https://x.com/TheHydranet/status/1767320482309689794?s=20

CoreDEX
- LSSD Interface (resembling CEX orderbook) & Vortex API are being finished, hit some hurdles last week, but found workarounds
- New orderbook version will drop in the next days, including new pair (aETH / ETH)
- New Wallet version with bug fixes will also be provided
- Preparing for ETH Update on March 13th (Dencun)

WebDEX
- Web Wallet has been successfully published to closed beta testers
- Some bugs and UI issues have already been identified and are being fixed as we speak

Tokenomics
- Website got updated according to our recent tokenomics updates
- Simulator is being updated to latest Tokenomics version, currently undergoing bug fixing

MultiSig
- DAO Forum in final testing phase, should be finished in the next days
jr. member
Activity: 352
Merit: 3
Exciting to see how much volume you guys are going to pull through the DEX, once its ready as a web-based version.  Grin
copper member
Activity: 63
Merit: 1
Hydranet - Weekly Update #99


X/Twitter: https://x.com/TheHydranet/status/1764767742131851410?s=20

CoreDEX
- Discussed potential LSSD improvements
- Improving existing and implementing new trading notifications
- Implementing market info fetcher for Vortex Hydranet API

We are aiming (!) to get Vortex, our Core DEX grid bot, out to closed beta testers this week, but can't fully promise this yet.

WebWallet
- New #WebWallet release has been published for internal testing
- Minor UI bugs have been found, overall functionality has not been affected
- Closed Beta Group is being prepared, testers can still apply for early testing on March 9th here: https://forms.gle/kWwuRRey4qy2cAwU9
- Open Beta is planned for March 29th

WebDEX
- Orderbook API prototype expected for end of week
- Channel Rental manager continues to make good progress

Tokenomics
- Tokenomics Simulator has been updated (added Collateral in Network simulation)
- Same update pending for Personal Simulator
- New graphs for ROI visualization based on Collateral, Fee Shares, DEX Earnings and operation costs will be implemented

Bridge Calculator
- Start of frontend implementation planned for this week

Marketing/PR
- Finalized collaboration with Make-It for XT, more options are being explored
- Hydranet HDN has been listed for spot trading on
Toobit.com (https://www.toobit.com/en-US/register?invite_code=eVFetj)
and XT.com (https://www.xt.com/en/accounts/register?ref=SGX5BC)
- More surprises are coming, so stay tuned & participate!
copper member
Activity: 63
Merit: 1
Hydranet - Monthly Recap 21


X/Twitter: https://x.com/TheHydranet/status/1764331952847437833?s=20

This year gave Hydranet an extraordinary bonus - one additional day!
To make the most of it, we conveniently got listed on two new exchanges on the 29th of February, making it a day to remember.

Reflecting on the achievements of February sheds light on what will follow in March, Nova, the anticipated testnet release of the Hydranet Web Wallet.
We are fueled with excitement over this milestone which shows we are truly on the uprise.

Thank you for your continuous support! We look forward to sharing more exciting news during March!
https://medium.com/hydranet/hydranet-monthly-recap-21-february-2024-451db7fce54d

Don't forget to sign up for the upcoming closed beta release here:
https://forms.gle/kWwuRRey4qy2cAwU9
copper member
Activity: 63
Merit: 1
Hydranet Web Wallet - Closed Beta Waitlist


X/Twitter: https://x.com/TheHydranet/status/1764270852902732004?s=20

On March 9th, NOVA, the first iteration of the Web Wallet will be released to closed beta testers.
NOVA marks the beginning of a new Hydranet era. 📱

If you want to join, please sign up in the list below!

Thanks for your support! 🤝

Sign up here: https://forms.gle/kWwuRRey4qy2cAwU9
copper member
Activity: 63
Merit: 1
Hydranet & Make-It Partnership Announcement


X/Twitter: https://x.com/TheHydranet/status/1762840514225713247?s=20


Make-it is a professional trading company on the forefront of crypto market making.
They offer various services such as enhancing order book liquidity, spread management, and solutions for price stability across trading pairs and exchanges.

Starting with XT.com, we will collaborate with Make-it, using their order book liquidity solution to enhance the HDN trading experience.

We see this as a valuable collaboration since we not only free up our own funds and team resources from maintaining order book liquidity bots,
but also gain professional expertise and knowledge from a proper market maker company with years of experience in the business.

https://Make-it-pro.de

But we won't stop just here, as expanding make-it's services on further exchanges,
including the Hydranet Core DEX and the WebDEX later down the road, is already being explored as we speak!
copper member
Activity: 63
Merit: 1
Hydranet - Weekly Update #98


X/Twitter: https://x.com/TheHydranet/status/1762234614645473707?s=20

CoreDEX
- Implementation of new pairs has begun
- LSSD and Vortex Bot are being combined
- Toobit bots already functional, will be launched after proper testing

WebWallet
- WebWallet closed beta release preparation is on track (March 9th)
- Pricing API and more modals have been completed, will now be merged
- Various front-end functionalities have been debugged, fixed and implemented

WebDEX
- Channel rental manager is making good progress, about 50% done

Bridge Calculator
- Features and key parameters are being added, waiting for further data
- Various Back-end functions installed and tested successfully

Lithium
- Working on unilateral settlements, aimed to finish this week

DAO
- Latest tokenomics proposal is live, please cast your votes today:
https://snapshot.org/#/hydranet.eth/proposal/0xf5e81fba4aef97188459bc010f633c884ccf4e6da52c1c1177f8bf07885e5860
- DAO forum is ready for internal testing

CEX Listings
- XT preparations for HDN launch complete (Feb 29th)
- Toobit preparations for HDN launch complete (Feb 29th)
copper member
Activity: 63
Merit: 1
Hydranet - Tokenomics Proposal #29

Proposal: Update HDN Tokenomics - add HDN Collateral and Fee Distribution
Proposal ID: #29
Proposed by: Hydranet core team
Date: Feb 23, 2024 @ 07:00 pm UTC

Summary:
This proposal outlines updates to the Hydranet DEX Network, specifically focusing on the HDN collateral requirements and the distribution model for trading fees.
These updates aim to enhance the network's security, efficiency, and overall value proposition for HDN holders and users.

Details:
1- Background:
1.1 The Hydranet DEX Network has been started and will evolve, with continuous improvements based on community feedback and technological advancements.
1.2 Recent assessments indicate a need for HDN collateral requirements and fee distribution estimations for the future actors in the network (Titans, Guardians) to better align with the network's growth and sustainability goals.

2- Proposed Updates:
2.1 HDN Collateral Requirements:

Adjusting the HDN collateral requirements for network participants to ensure network security and incentivize participation.

2.2 Fee Distribution Model:

Updating the fee distribution model to provide a more equitable and sustainable revenue stream for network participants and HDN holders.

3- Objectives:
3.1 Enhance network security by ensuring adequate collateralization.
3.2 Increase the attractiveness of the Hydranet DEX Network for new and existing participants.
3.3 Ensure a fair and sustainable economic model that benefits all stakeholders.

4- Implementation Plan:
4.1 Upon approval, the proposed updates will be implemented in phases, with clear communication and guidelines provided to all network participants.

Advantages:
A- Strengthens the economic and security foundations of the Hydranet Network.
B- Encourages long-term participation in the network. C- Increases the overall value in the utility of the HDN token.

Disadvantages:
A- Potential for slight changes when the network is being built out.

Conclusion:
The proposed updates to the HDN collateral requirements and fee distribution model are designed to bolster the Hydranet DEX Network's long-term viability and success.
These changes are expected to benefit HDN holders, network participants, and the broader ecosystem.

Options:
The community has the following options:
1- Approve the proposed updates to the HDN collateral and fee distribution.
2- Reject the proposed updates and maintain the current models.

Copy of proposed Update to Hydranet DEX Network - HDN Collateral and Fee Distribution:
https://docsend.com/view/z98jspia6rw782p7

Voting Period:
The voting will commence on Feb 23, 2024 @ 07:00 pm pm UTC and will end on Feb 28, 2024 @ 07:00 pm UTC

Vote here: https://snapshot.org/#/hydranet.eth/proposal/0xf5e81fba4aef97188459bc010f633c884ccf4e6da52c1c1177f8bf07885e5860

Disclaimer:
The proposals and projections in this document are built upon estimations deemed reasonable at the time of writing and exist for discussion purposes.
The numbers are subject to change, depending on participation levels and other factors that can’t be known until the network is tested in practice.
As always, adjustments and tuning will most likely happen and need to be considered when reading. The information in this document is provided for informational purposes only.
You should not construe any such information as legal, tax, investment, trading, financial, or other advice.
sr. member
Activity: 2226
Merit: 270
Chainjoes.com
I never followed this project but will take some times with it from now and will definitely put some money.  Am really impressed with exchange listing in top tier ones and presence on decentralized exchange. The moderator has also been consistent in the forum and we need to give him some support. I hope we get some engagements outside of here as well
copper member
Activity: 63
Merit: 1
Hydranet - NEW HDN LISTING #2


X/Twitter: https://x.com/TheHydranet/status/1760721412749177057?s=20

We're thrilled to announce that $HDN will soon join another exchange!
Toobit.com will mark our second listing of the day, offering a young, dynamic and user-friendly trading platform.

Known for its reputable team, sleek interface, and high professionalism, http://toobit.com/ is on the rise in the trading world.
With close to $1 billion in daily trading volume and over 5 million monthly visitors, it's constantly pushing for excellence and higher tiers.

As of February 29th, 2024, HDN will join the over 140 pairs that can be traded on Toobit.com!

Hydranet Referral Link: https://toobit.com/en-US/register?invite_code=eVFetj

https://www.youtube.com/watch?v=KwUlBOJVIEk
copper member
Activity: 63
Merit: 1
Hydranet - NEW HDN LISTING


X/Twitter: https://x.com/TheHydranet/status/1760699746337907112?s=20

As part of our recently initiated growth campaign, we're thrilled to announce that HDN will soon be available for trading on XT.com!
This listing marks a significant milestone for Hydranet, providing $HDN a reliable gateway to a huge and well-established Asian market.
XT.com accommodates approximately 10 million active users and facilitates a monthly trading volume of around $1 billion.

XT will commence HDN trading on February 29th!

You can sign up here: https://xt.com/en/accounts/register?ref=SGX5BC

Stay tuned in the upcoming weeks for more exciting news and further listings on the horizon - maybe even sooner than you think!
https://youtu.be/LxiZumZb4Rs

copper member
Activity: 63
Merit: 1
Hydranet - Weekly Update #97


X/Twitter: https://x.com/TheHydranet/status/1759694490200158325?s=20

Core DEX
- #LSSD work has been completed
- Vortex bot undergoing final review with Fedeparma this week
- Optimal pair additions being investigated

Web Wallet
- Pricing API complete and being reviewed
- Continued work on channel rental manager

Web DEX
- Continued work on orderbook API

Tokenomics
- Tokenomics update will be published for DAO vote soon
- Implementation in network simulator is being scheduled accordingly
- DAO Forum is close to team review and release

Marketing
- Bridge comparison and article is being drafted
- Various activities are being planned - stay tuned!
copper member
Activity: 63
Merit: 1
Hydranet Web Wallet - Public Release Date
NOVA - 29th March 2024



X/Twitter: https://x.com/TheHydranet/status/1757791650821066929?s=20

We are excited to announce the official release date of NOVA, the first iteration of Hydranet's next-gen WebWallet!
NOVA will enable users to seamlessly perform off-chain transactions - not only with Bitcoin but also various EVM tokens - directly from within their browsers,
without the need to download any additional client or software.
A single seed phrase will suffice to control and backup all your assets.

What does this early version of NOVA include? 👇
- Bitcoin on-chain & off-chain actions on the Bitcoin Signet
- EVM on-chain actions on the Ethereum Holesky testnet
- Wallet page: Manage your assets
- Channel page: Conduct off-chain transactions
- Transactions page: Track your transaction history
- Settings: Customize your preferences
- Dark/light mode: Choose your preferred theme

NOVA will be available to everyone on March 29th, 2024! 🔥

As a core component of the upcoming Hydranet WebDEX,
NOVA will ensure full custody of your funds and provide the most comfortable and convenient off-chain trading experience in the industry.


Stay tuned for further news!
copper member
Activity: 63
Merit: 1
Hydranet Tokenomics Research Update | Feb 2024


Twitter: https://x.com/TheHydranet/status/1757055826534019273?s=20

In the past weeks we have been working on a potential initial collateral for relevant actors (such as Titans and Guardians)
in the Hydranet DEX Network ecosystem and fee distribution for the HDN token.

It has been digested into the document linked at the bottom.
Please let us know your thoughts at here or on our Discord: https://discord.gg/hydranet

You can review it here: https://docsend.com/view/z98jspia6rw782p7
copper member
Activity: 63
Merit: 1
Hydranet Web Wallet - Closed Beta Release Date
NOVA - 9th March 2024



Twitter: https://x.com/TheHydranet/status/1756742504693514610?s=20

We are very happy to announce the official release date of NOVA, Hydranet's first version of the Web Wallet!
This Web3 Wallet will enable our users to seamlessly interact with Bitcoin and various EVM assets within their browsers - entirely off-chain and without the necessity to download additional software!

The Web Wallet will be the heart of the upcoming Web DEX, providing users with full custody of their assets, both on and off-chain.
With just a single seedphrase, you will be able to control and back up all of your assets.

NOVA will include:
- Bitcoin on-chain & off-chain actions on Bitcoin Signet
- EVM on-chain actions on Ethereum Holesky testnet
- Wallet page
- Channel page
- Transactions page
- Settings
- Dark/light mode

NOVA will be made available for closed beta testers on March 9, 2024!
Stay tuned for more information, including the public release date! 🔥


copper member
Activity: 63
Merit: 1
Hydranet - Weekly Update #95



WebWallet
- Working on EVM Offchain modals (backend not implemented yet)
- Working on "Sending Modals"
- Started implementing price API
- Hydra Node API upgraded

We will have a call about the date of first closed beta release end of this week.

Lithium
- Working on subgraph indexer for Lithium

Tokenomics
- We will propose an initial fee distribution and HDN collaterals later this week
- Corresponding Article is being drafted

Marketing
- Article for bridge comparison is being drafted
- Professional Marketing agencies have been contacted
- Monthly Recap #20 has been published: https://medium.com/hydranet/hydranet-monthly-recap-20-january-2024-4a1189694357

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