Hydranet proposals, votes, and analytics

Hydranet

Cross-chain decentralized exchange

Network

Arbitrum

Voting

on-chain

off-chain

Proposals

Voters

1,847

Unique Voters

412

About Proposals Analytics

Description

Unverified information. Please do your own research.

Hydranet is a Decentralized Autonomous Organization (DAO) developing the Hydranet DEX, a Layer 3 trading platform that integrates Bitcoin and Ethereum through Layer 2 off-chain protocols like the Lightning Network and Connext Vector Network. This innovative exchange technology allows users to trade between Bitcoin and EVM-based blockchains seamlessly, with near-instant settlement times and low costs, all while maintaining custody of their funds. The Hydranet DEX features a limit order book hosted by the Hydranet Network and a multi-currency light wallet for storing BTC and EVM-based assets.

The HDN token is a utility and governance token used by the Hydranet DAO. It enables participation in DAO governance, offers trading fee reductions on the Hydranet DEX, and serves as necessary collateral to operate essential services within the Hydranet DEX Network. HDN, which runs natively on the Arbitrum One.

item label

dao full name

short description of the dao

Network

100,000

Voting

100,000

Proposals

1,000,000

Voters

1,000,000

Unique Voters

1,000,000

About Proposals Analytics

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