Blockchain

Find the HDN (HYDRANET) listing on XT.COM.

XT.COM, the world’s first social convergence trading platform, is pleased to announce its listing. HDN (HydraNet) Platforms in the Innovation Zone (DeFi) and HDN/USDT Trading pairs will begin in 2024.02-29 10:00 (UTC).

for HDN

HDN It is an ERC-20 token distributed on the Arbitrum layer-2 blockchain with a supply of up to 300 million tokens. As the native cryptocurrency of the Hydranet ecosystem, HDN tokens represent more than just a digital asset. It implements the cornerstones of decentralized transactions and community governance.

HDN serves as a multifaceted tool within the Hydranet ecosystem. Beyond their role as a medium of exchange, HDN holders wield governance power and steer the trajectory of Hydranet through a democratic decision-making process. This dual utility enables the community to actively participate in the evolution of the platform, creating a decentralized and inclusive ecosystem where all voices matter.

With utility beyond simple exchange, HDN provides holders with the opportunity to participate in governance decisions, benefit from fee-saving incentives and the collateral required to contribute to the platform security and network for a portion of transaction fees. This broader accessibility not only improves liquidity within the Hydranet ecosystem, but also creates a stronger and more engaged community. New participants joining the Hydranet ecosystem through additional trading platforms contribute to its vitality and resilience, further solidifying its position as a leading decentralized trading solution.

Alvin Warin, XT.COM CEOexpressed his thoughts on listing the HDN token on the exchange, emphasizing the alignment of Hydranet’s goals with XT.com’s mission to support innovative projects. He said, “We are very excited to introduce HDN to our platform as it embodies the principles of decentralization and community governance that align with our vision of the multi-faceted utility of the HDN token, serving as a medium of exchange and governance tool within the Hydranet ecosystem. aligns perfectly with our commitment to empowering users and fostering a diverse and inclusive cryptocurrency ecosystem.”

Introduction to Hydronet

Hydranet has developed the world’s first layer 3 decentralized exchange (DEX) that allows seamless trading of BTC alongside Ethereum Virtual Machine (EVM) compatible coins or tokens. Within Hydranet’s multi-currency lite wallet, users can manage all supported assets in a manner similar to a centralized exchange. This innovation leverages the Lightning Network and Hydranet’s Lithium Protocol technology to enable trustless peer-to-peer trading via order books off-chain without gas fees. The network is set to expand, and individuals who meet the collateral requirements will be able to earn a portion of the transaction fees for the service while contributing to the decentralization and asset diversity of the network.

Hydranet’s ultimate goal is to build an uninterruptible, fully decentralized network for off-chain transactions, transactions, and payment routing between all supported chains without the need for connectivity. This network will be operated by all users and organizations from various ecosystems and will make significant progress in the cryptocurrency space.

Website: hydranet.ai

Twitter: twitter.com/TheHydranet

telegram: t.me/hydranetofficial

Dissension: discord.com/invite/hydranet

youtube: youtube.com/@HydranetHDN

About XT.COM

Established in 2018, XT.com It serves over 800 tokens with over 6 million registered users, over 500,000 monthly active users, over 40 million users in the ecosystem, and over 1000 trading pairs. Since then, the XT.COM cryptocurrency exchange has expanded its services to cover a variety of trading categories to provide a safe, reliable and intuitive trading experience to its large user base. One of these additional features is cryptocurrency futures trading, including USDT-M futures and Coin-M futures perpetual contracts, as well as copy trading, which allows users to replicate top traders in real-time with just one click. Additionally, Futures Grid allows users to make money by automating the buying and selling of futures contracts.

Website: www.xt.com

Twitter: twitter.com/XTexchange

telegram: t.me/XTsupport_EN

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Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.

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