What is Hashflow (HFT) and how to buy HFT?

in #cryptocurrency2 years ago

Hashflow, also known as HFT, is a decentralized exchange that focuses on interoperability, zero slippage, and MEV-protected trades. The number of DeFi traders has recently increased, and many new decentralized exchanges (DEXs) are entering the market. So, what distinguishes HFT from other DEX platforms? The MEXC Digital asset introduction page contains basic information about the Hashflow token. Don't forget to read the HFT announcement to learn how you can earn rewards for depositing HFT tokens!

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How Does Hashflow Function?


The Hashflow Protocol connects users to the most important cryptocurrency markets. They make the process easier by offering extremely gas-efficient pricing, a lineup of the best crypto market makers in the world, and maximum capital efficiency. They provide greater flexibility for makers while preventing slippage and being MEX resistant. All of this is made possible by their pool-based architecture.

Hashflow, unlike automated market makers (AMMs), operates in a traditional manner, similar to the order-book method. The pricing is done off-chain, and the transaction is completed on-chain. To start a transaction, the user must first connect his wallet to Hashflow, then enter the amount they want to trade and view a quote. The order is submitted, validated, and added to the Hashflow network once the user accepts. Market makers, on the other hand, will be in charge of issuing price quotations. The transaction is completed without slippage once the market maker signs it.

Benefits of Hashflow (HFT)


Market Makers
Market makers can efficiently price assets. They can utilize Hashflow’s increasingly complex pricing algorithms that take into account off-chain data collection. This data includes historical asset values, volatility, and other real-world information.

Traders
Off-chain pricing provides tighter quotes, giving traders a better price. There is also no slippage, meaning all Hashflow quotes are executed at the displayed price. They are also MEV resistant. Cryptographic signatures make front-running impossible, ensuring traders can keep what they earn.

 

Tokenomics of HFT

HFT is the Hashflow protocol’s governance token. It is an ERC-20 token on the Ethereum mainnet. They have a total supply of 1,000,000,000 ( One Billion Tokens). The details of Hashflow governance as well as the utility of HFT will be announced soon.


Tokenomics of HFT

HFT is the Hashflow protocol’s governance token. It is an ERC-20 token on the Ethereum mainnet. They have a total supply of 1,000,000,000 ( One Billion Tokens). The details of Hashflow governance as well as the utility of HFT will be announced soon.


 

HFT will be distributed as follows:

  • 19.32% (193,200,000 HFT) to the Core Team
  • 25% (250,000,000 HFT) to Early Investors
  • 2.5% (2,500,000 HFT) for Future Hires
  • 53.18% (531,800,000 HFT) for Ecosystem Development as follows:
    • 18.54% to Ecosystem Partners
    • 13.08% to Community Rewards (NFTs + Rake the Rewards + Exchange Distribution)
    • 9.54% for Future Community Rewards
    • 7.50% to Designated Market Maker Loans
    • 2.52% to Vendors and Early Service Providers
    • 1.00% to the Community Treasury
    • 1.00% for Hashverse Rewards

How to Purchase Hashflow Tokens (HFT)


MEXC is currently organizing a Hashflow (HFT) deposit event, with 5,000 MX up for grabs! The event runs from 2022-10-31 10:20 (UTC) to 2022-11-09 16:00 (UTC) (UTC). During the event period, users who deposit HFT with a net deposit of at least 50 USDT worth of HFT could share a total prize pool of 5,000 MX in proportion to the net deposit amount. Find out everything you need to know right here! Furthermore, beginning 2022-11-07 13:00 (UTC), MEXC will list HFT token on our innovation zone with HFT/USDT trading pair! Join MEXC now and get an early start in HFT trading!

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