What is Hashflow?
Hashflow is a protocol that allows investors to connect with the leading market makers in the cryptocurrency market. It supports users in trading many different tokens.
Some issues of DeFi platforms
Some of the current problems of DeFi platforms that the Hashflow development team wants to solve are:
Slow transaction speeds and high costs: Scalability, by definition, is the network’s ability to process transactions over a period of time. I can understand scalability as the ability to meet the user needs of the network over a period of time. It will take investors about 5 to 10 minutes to make a transaction. At the same time, expensive transaction fees are also a major drawback for today’s DeFi platforms.
Lack of scalability and flexibility: Investors can only buy crypto assets on a single platform.
There are no measures to limit MEV (Miner Extractable Value): MEV (Miner Extractable Value) can be understood as the profit that miners earn by taking advantage of their power. Miners do not need to process transactions according to the time a user places an order on-chain, but they can prioritize transactions that pay higher fees. Today’s DeFi platforms often face front-running types such as sandwich attacks, displacement attacks, and suppression attacks.
The benefits of holding HFT tokens
HFT is the governance token of Hashflow and plays an important role in the governance system. HFT is implemented on Ethereum, so it will have a standard of ERC-20.
When holding the HFT token, users will enjoy the following benefits:
- Access and use features in the Hashflow protocol
- Participate in creating liquidity and receive LP rewards
- HFT token holders will be able to vote on governance proposals to spend HFT from the community treasury and fund efforts to improve the Hashflow protocol and the community.
So how can we own HFT tokens?
- Users can join and become PMMs of the protocol to receive income.
- Become an early user to enjoy token airdrops.
- Users can buy tokens on supported exchanges.
- In addition, we also have Hashflow’s community incentive program, which is an opportunity for users to own tokens for free.
What is special about Hashflow?
For traders: Traders can receive quotes directly from MM and broadcast trades on-chain using the Web3 wallet. In fact, Hashflow offers traders better rates, zero slippage, and lower gas costs than any DEX on Ethereum.
For Market Makers: You can understand that the presence of market makers helps to create liquidity in the market by being willing to buy and sell coins and digital assets. Without market makers, the market would be relatively illiquid, which would prevent the ease of transactions. In this section, Hashflow gives market makers access to the expanding DeFi market while allowing full control over their pricing strategy and connecting them on-chain using “digital signatures.”
High security Solution MEV (Miner Extractable Value)-Resistance cryptographic signing for front-running operations in Hashflow, limiting security attacks.
Low Fees: There are no commissions, additional transactions, or gas fees when compared to other popular AMMs.The project is also highly scalable with gas fees lower than half of Uniswap, helping investors to use capital with maximum efficiency.
Investors can trade various cryptocurrencies on multiple platforms through Hashflow. Investors can choose networks to connect to, such as Ethereum, Avalanche, Arbitrum, Optimism, Polygon, and BNB Chain.
Users can take advantage of MM’s pricing algorithms to earn desirable returns. In addition, liquidity pools are always maintained for LPs to receive LP tokens, preventing unnecessary risks.There will be no more sandwich attacks or the like.
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