Introducing HydroSwap V2

By Project Hydro | ProjectHydro | 14 Jun 2022


0*Vb_uB53teb78vC9w

The HydroSwap V2 has finally arrived!!!

After months and months of debugging and testing, the HydroSwap V2 is finally here. We are pleased to introduce new features and ways to earn through staking on the HydroSwap.

Starting off, we have revamped the swap feature that allows users to convert one token into another by adding charts that track each asset traded via a subgraph.

We have also added liquidity pools open for anyone to fund, this allows users to put up Hydro Tokens against another token in a liquidity pair. Each Pair will reward users with Droplets, our new Liquidity Pool Token. We have an interactive guide that explains how to add liquidity and earn Droplet tokens here.

Furthermore, we are pleased to introduce our new Keres Voucher Farm, where users will be able to stake their HYDRO tokens to earn Keres Vouchers. The Keres Vouchers will be redeemable for Keresverse NFTs which you can read more about here. To discover how to stake, we have provided a short tutorial for you below.

 

Step 1: Visit HydroSwap homepage- https://hydroswap.org.

0*Y9iijICZGG-2vKax

Step 2: To begin the process, you first need to connect your wallet with HydroSwap. At the top right corner, click on the Connect Wallet button to connect your Wallet with HydroSwap. You can see supported Wallets from the list. Also, please make sure that you’ve selected the Binance Smart Chain.

0*VyK-JzDO4BfIpo1o

Step 3: Click on “Stake” from the top menu and then click on the “Enable” button. After that Confirm the transaction from the MetaMask popup.

0*pQw9B-7DZR_O8t3k

Step 4: Once the transaction has been confirmed, click on the “Stake” button. Then on the popup menu, enter the amount you want to stake and click on the “Confirm” button.

0*TNQcAjrIVT5x_Srd

Step 5: Click on the “Confirm” button from the MetaMask popup. After the transaction gets confirmed, staked Hydro and earned KVS tokens information will be displayed.

0*_7cSmkClFfE4w8rN

Step 6: To unstake the Hydro token, click on the “Place Unstake Request” button. Then on the popup menu, enter the amount you want to unstake and click on the “Confirm” button. There will be a seven-day lockup period on the tokens that are being unstaked which will be reflected in the UI.

0*85Dm5_sNB360WsVT

 


You can keep in touch with our team via one of our social channels:

How do you rate this article?


26

1

Project Hydro
Project Hydro

Hydro is a decentralized ecosystem using cutting-edge cryptography to secure user accounts, identities, and transactions.


ProjectHydro
ProjectHydro

Security & Identity on the Blockchain. https://projecthydro.org/

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.