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Hydro Protocol Review

2 Aug 2023

1 min read

 Hydro Protocol Review

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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