A short intro

Back in September of 2019 our team at Herdius was witnessing the newly found success of on-chain decentralized AMMs such as Uniswap and we had the idea to combine that with Herdius’ interoperability protocol and our hTokens (non-Ethereum cryptos as an ERC-20 on Ethereum). We shifted focus elsewhere at the time, but today, I am happy to announce the launch and the fulfilment of the original idea we had at the time.

Herdius.finance is an Ethereum based AMM (automated-market-maker) that combines the by now popular x*y=k (although we will see shortly why it is not really k in our case)…


A lot of concepts within Herdius.finance can be daunting to understand and imagine, that is why I wanted to write a short guide that is easy to understand and can act as a lightweight documentation. We will cover all concepts within herdius.finance.

In case you already have experience with reading Solidity contracts, you can discover our contracts over on our Github. If you have any questions or want to join our community please do so over on our Discord.

Minting of HER-V2 and market weights

As we mentioned in our launch post, one of the major changes we introduced to the x*y=k function was to make…


In this post I wanted to shed a bit more light on our liquidity mining campaign for herdius.finance. In case you have not read our launch post or user guide I would recommend you to do so before reading on.

How to mine liquidity on herdius.finance?

Mining liquidity on herdius.finance is a three step process. First you will need to add liquidity to any of our markets — as of now all our markets participate in the liquidity mining campaign so you are free to choose any of them to supply tokens to.

Once you have supplied tokens and minted HER-V2 in the process, you then…


An overview of our first publicly released architecture

I am excited to finally share and release the first public version of the Herdius blockchain. This first version is named Foundation and as the name suggests, servers as our base infrastructure upon which our vision is to be built. Many months of development and work from our team has gone into the project, and after having ran our internal testnet for the last month, we feel confident in releasing our architecture for everyone to use.

You can access the Herdius repository here: https://github.com/herdius/herdius-core

At a glance

The first public version of the Herdius blockchain…


Exploring what Herdius is and why we are different.

What is Herdius? — that’s a question I get asked on a daily basis and the answer I give usually goes something along the following lines: “Mainly it’s a decentralized exchange, but at the same time it’s a lot more than that”. The next questions to follow are “How is it different from other DEXs?”, “How is it different than anything that’s already out there?”. After hearing the same questions over and over again from both technical and non-technical people — it became clear that our current messaging is flawed. On top of all of this neither the technical paper…


What is Herdius and how is it different than compared to traditionally centralized exchanges?

In this piece, I want to explain and outline why DEXs (Decentralized Exchanges) are the future of cryptocurrency trading and what are the exact advantages Herdius’ future architecture offers in comparison to traditional centralized and decentralized exchanges. One can also see more and more blockchain startups moving into the direction of decentralization — Gnosis is starting to develop a DEX of their own.

Berlin is all about DEXs this week with the likes of OmiseGO, Kyber, Radar Relay, Gnosis, Melonport all participating in a meetup that I am personally moderating the Q&A for. We will share the recording and slides…


Explaining the utility of HER tokens

In this post, we are explaining the HER cryptocurrency’s utility and the role it plays within the Herdius System. For more information on Herdius and the HER token, read our white paper.

Utility of HER

The Herdius decentralized exchange network is intended to run on a proof-of-stake (PoS) blockchain. In proof-of-stake systems, the validation of transactions requires a node to put up tokens as a locked-in collateral. Only once the transaction has been verified by a decent amount of network participants, the staked tokens will be unlocked.


How the Herdius architecture evolved over time

Founder Balazs Deme explains how the Herdius project began and how it changed over time to become what it is today. By pulling back the curtain on the process, he allows a glimpse into the challenges that ICO projects face today. And he explains why the final Herdius, about which you can learn more in here, is aiming to move the decentralization of trading forward.

The Beginnings

Herdius in its current form barely resembles my original vision. When the idea of Herdius initially came to my mind, the goal was to create a regular, centralized exchange platform with a prepaid card service…


A Decentralized Exchange Platform for Cryptocurrencies. Envisioned in Germany, Made for the World.

Today, I’m very happy to announce the Herdius ICO! It’s been a journey to get here. Over the upcoming weeks, I will tell you more about that journey. But today, let me explain what Herdius is and why we are doing an ICO.

The idea behind Herdius is as simple as it is bold: We want to provide a badly needed piece of infrastructure for the cryptocurrency and blockchain ecosystem.

I have been closely following the space since 2012. Since then, a lot has happened and many useful innovations were created. Yet, some of the most pressing challenges are still…

Balazs Deme

Founder of @HerdiusDEX

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