Hydro Protocol Review
2 Aug 2023
1 min read
Hydro Protocol is the ultimate platform for staked assets on the Injective Network.
🔥Hydro is set to be the first native #LSD protocol on the Injective . This strategic positioning empowers the Liquid Staking Token (LST) to become an Injective standard.
💼Additionally, Hydro has planned the next stage of Injective's LSD growth strategy - Real-Yield Aggregator. This feature promises to enhance Hydro's capability to manage staked assets efficiently.
🚀Hydro Protocol aims to launch by September 2023 with core features:
1⃣LSD
2⃣Farming
3⃣ Auto-Compounding
These features maximize the benefits of staked assets on the Injective Network.
🪙The governance & utility token on Hydro Protocol is $HDRO. With a max supply of 1 billion, it's designed to benefit holders & stakers. Value accrual mechanisms have been implemented to buyback HDRO & distribute to holders.
💥Hydro Protocol is a significant step in the evolution of the DeFi landscape. Keep an eye out for updates. The future of staked assets is here!
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