Welcoming the Event Marketplace Evedo to Hydra Chain — Migration Starts!
We are happy to announce that Evedo is migrating its EVED tokens from Ethereum to Hydra chain!
What is Evedo?
Evedo aims to empower the event & entertainment industries through a smart, fair, and transparent ecosystem consisting of blockchain based products.
It unifies all businesses and participants involved in organizing & marketing events with the goal of helping the $850+ Billion industry evolve by connecting all parties without unnecessary middlemen.
The EVED token is positioned at the core of this ecosystem, with planned features including staking, unlocking DeFi tools for event organizers and being used as a payment option by parties.
You can learn more about the project by browsing their website
and by joining the official Telegram community:
Stoyan Angelov, CEO of Evedo stated:
“We are happy to be a strategic partner of HYDRA. The tech behind the chain is brilliant and it is incentivizing with reasonable transaction fees and a reward mechanism for builders. Brilliant team and community as well.“
Nikola Alexandrov, Founder of Hydra chain commented:
“Evedo’s onboarding into HYDRA is a testament for the strong utility factor in the ecosystem. It also shows the potential of how a bridge infrastructure can facilitate migration of value from other chains.”
Swapping EVED Tokens is now possible!
The EVED migration process is starting as of this announcement. If you are an EVED token holder, you can now bridge over your tokens to the Hydra ecosystem through the Hydra/Ethereum Bridge:
👉 Hydra Bridge
Simply connect your EVED-holding Ethereum address via MetaMask, then select Evedo from the interface (along with entering your Hydra wallet address) and finally confirm the presented transactions.
The contract address of the Hydra-based EVED token is:
9cbbbc9d192fc81225a70f88877169b94d663f8b
EVED is Coming to the Hydra DEX
We are excited to share that the EVED token will be listed on the Hydra DEX in the near future.
This will make EVED purchases much more accessible to the community, as trades on the Hydra DEX are significantly cheaper when compared with Uniswap.
Stay tuned for further announcements on that topic!
👉 Join the Hydra Community
HYDRA is a proof-of-stake blockchain optimized for real-world businesses. It tackles some of the most profound and challenging issues with existing blockchain economies and introduces a truly shared economy with fair treatment to all network participants. Some of the more notable features:
🔥 100% Burn of all Transaction Fees
💎 50% Royalty on Gas for Smart Contract Creators → More Info
📌 Fixed Coin Transaction Fees of $0.20 → More Info
📌 Fixed Token Transaction Fees of $0.50 → More Info
💰 20% Minimum APR Staking Income → Staking Calculator
📈 Up to 540 TPS Elastic Capacity
🔏 EVM Compatible Smart Contract Platform
⚙️ Wallet-Level Scalability → More Info
🗳 Unique Decentralized Governance Protocol
