Hexagon Finance, the multifunctional DeFi platform, is about to launch on Avalanche

Officially endorsed and financed by Terra Luna and Balancer, its first deployment will be a DEX

Hexagon will be a multi-functional platform catering to the needs of different users, bringing a whole new experience to the Avalanche crypto community with a new decentralized exchange, a launch-pad and a lending platform to be launched in short order in the coming weeks.

All of our projects will be focused primarily on Terra assets, with the goal of helping our partners get a footing on Avalanche, bring in outside resources, and build a better ecosystem for all.

The DEX: innovation comes first

First will be the turn of the decentralized exchange. And it will not be just any exchange, but a novel fork of Balancer, itself one of the most innovative platforms in the realm of decentralized finance.

The Balancer model, which allows for multiple assets to be deposited in a single pool, with flexible algorithms that can be tailored to any group of assets, or even for index funds, will be fully deployed on Avax, allowing users to trade and earn in a completely permissionless way.

The exchange will then be complemented by a lending platform, which will go live shortly after the initial launch.

Helping others get the liquidity they need

Along with the DEX will come a launchpad based on Balancer’s Liquidity Bootstrapping Pools (LBP). These special pools — a perfect fork of Balancer — are a brand-new way to raise liquidity for newborn projects, with platforms able to choose the parameters for the launch and customize their liquidity bootstrapping events.

Now, with a brand-new model comes the need for brand-new expertise. This is why Hexagon will integrate with the Copper Platform, an LBP platform built upon the original Balancer contract, to help run operations and expand their reach on Avalanche.

Partners and sponsors

Hexagon Finance is an independent team — but with a strong backing. We are proud to be officially co-incubated and supported by both Terra and Balancer, while our tech capabilities have been boosted by a collaboration with Wanlabs and our business development is being spearheaded by Defrost Finance, the stablecoin platform native to AVAX. Our protocol’s cross-chain solutions are being developed by Wanchain, who will also support with their wanBridge. Add a partnership with Copper Launch et voilà — what you have is a complete suite of products for the most comprehensive of users.