The global economy will soon experience a shift in the entire financial system at a macroeconomic level thanks to Decentralised Finance or DeFi and a project interested in securing user accounts, identities, and transactions is flourishing right in the middle of it.
This decentralised ecosystem operates on multi chain protocols working to secure the web3 reality. One of the upside of having multichained protocols is leveraging the full power of that project. But what is to be expected when a project has "Build" for its motto.
Project Hydro is also aware that the future of finance is decentralised and thus they are already building game-changing DeFi applications which will find their into the mass market.
In June, they launched their swapping platform HydroSwap running on the BSC (Binance Smart Chain). The project's DEX (decentralised exchange) allows it's users to flawlessly swap or exchange their tokens in the hosted pools while offering them transaction mining rewards and yield farming stimulus to liquidity providers.
As an open source decentralised project, no single entity can claim that they own Project Hdyro. They involve the community, partner up and give grants to companies that can build on Hydro.
For instance, the community took complete control while choosing their revised Total Supply of the Hdyro token at the beginning of 2021. The decision came after the inclusive team interacted with their community's ideas and suggestions carefully and realized that what affected them the most was how big the token supply was then.
The current token supply stands at 111,111,111.
After their grant partnership with code developers Bloceducare, Project Hydro has has a range of products built on top of it. They range from social media, messaging, e-commerce, authentication, open payments, to utilities.
Collaborative efforts stretched even further by working with a Software Development company namely Ethernity.live to help the project scale higher heights by capitalizing on the current and the futuristic waves of finance technology including their Blockchain related developments.
With time and multiple integration partners, Project Hydro now is a layer 3 multichaine ecosystem. Their token is also listed on a number of exchanges including Bittrex, CoinEx, BitForex, Liquid, Bitsdaq, Mercatox,BuyUcoin, BitMart and Stex.
Doesn't the future look bright for such a project?
