Hydro Protocol Weekly Updates
May 19-May 25, 2018
Dear Hydro Community,
Welcome to another Hydro Protocol weekly update! This week our update highlights a new exchange listing for HOT, a new partnership, a new team member, and some snazzy blockchain conference pictures.
As always, thank you to all of our users, partners, and fellow developers for your support as we continue to grow. We really appreciate it!
HOT is now listed on Bancor
As of May 24, 2018, Hydro Protocol Token (HOT) is now listed on Bancor. Bancor is a blockchain protocol that allows users to convert between different tokens directly as opposed to exchanging them on cryptocurrency markets.
Contract Address: 0x9af839687f6c94542ac5ece2e317daae355493a1
Symbol: HOT
Decimals: 18
Product & Development
DDEX, the first Hydro Protocol based 0x Relayer, has made a lot of improvements in the past week:
- Launched DDEX UI 2.0
- Launched Japanese Trade Interface
- Both project name and token symbol are added on Buy/Sell buttons to avoid confusion regarding which token is being traded
- Redesigned MARKETS table — people who are using 12 &13-inch laptops can view at least 4–5 tokens on a single page now
DDEX Native Mobile App Closed Beta VIP Questionnaire
- We are getting very close to launching our first native mobile app. Currently, we are looking for participants in our native mobile trading app closed beta testing! If you’re interested, please fill out this questionnaire. A limited number of users will be selected from this questionnaire for our first group of closed beta testers.
Please click the link below to fill out our questionnaire:
https://goo.gl/forms/msiip8UQS1DWn3hM2
Please note that there is a fake ddex app on the google play app store currently — DO NOT download this. This is NOT us! Our app is not available yet!
Decentralized Data
Below are some statistics on historical decentralized exchange transaction numbers:
1. DDEX ranks #2 on Etherscan’s DEX tracker
2. DDEX becomes MOST mentioned Ethereum Dapp on Twitter
Moving onto a more detailed analysis of trading volume, specifically for 0x relayers:
In the past week on DDEX, we have seen increases in the following user-based statistics:
- Total number of logged in accounts: 25.8%
- Approve/WRAP/Unwrap transactions: 11.5%
- Buy/Sell transactions: 10%
- Accounts with 1st transaction: 8.6%
- Accounts with 1st Wrap ETH: 7.6%
Our continued growth is largely due to the support from our community. Thank you all for supporting and trading with DDEX in our early stages!
New Partnership | TRON
Hydro announced a new partnership with TRON this week. We look forward to exploring a secure and transparent experience within the blockchain industry, with the potential for cross-exchange liquidity together.
As a new generation P2P trading protocol, Hydro Protocol has always paid special attention to the development of VM-supported public blockchains as well as the community scale. Bowen Wang, co-founder of Hydro Protocol added, “Hydro Protocol isn’t just limited to the Ethereum network — it will actively explore partnerships with next generation public blockchains.”
Justin Sun, founder of TRON, also commented, “In the blockchain world today, a centralized trading experience is still the status quo. Trading speed is the main impediment to a more secure P2P trading experience. Hydro is a great venture into the P2P trading field and has performed very well on DDEX. We look forward to working with Hydro to provide traders and industry players a premium P2P trading experience through the TRON network.”
Hydro in Conferences
Vietnam | Blockchain Festival Vietnam 2018
Our Hydro and DDEX teams attended the Blockchain Festival 2018 in Vietnam. It was exciting to introduce our project to a wider community, and meet with some great teams and potential partner projects. A few pictures from the trip below:
Argentina | ETHBuenosAires
The Hydro Team has landed in Argentina. Our lead designer Josh gave a keynote speech about UI/UX challenges in the blockchain industry, how DDEX and Hydro Protocol aim to solve these challenges, and some Hydro Protocol future plans at ETH Buenos Aires this weekend. We will share more details with you once the conference ends!
Keep an eye out for our team at additional conferences throughout the world. Stay tuned!
Hydro Protocol’s New Telegram
Our Hydro Protocol team has created an official EMEA telegram group (Europe & Middle East & Africa regions). EMEA specific events and updates will be shared in the group. Join us and find other supporters in your area: https://t.me/hydroprotocolemea
Hydro Team Updates
Meet our new member!
Isabel Luo joins our team as an Assistant Product Manager. Isabel graduated from Cornell University with B.A. in Economics and Political Science. She was formerly a product manager at PatPat.com. We are very happy to have her on board.
New to Hydro?
Hydro is a network layer protocol for high performance decentralized exchanges and marketplaces with built-in incentives for coordination. Hydro utilizes’Federated Liquidity Pools’ (FLP) to address the issue of liquidity sharing among various decentralized exchanges.
Fellow us on Medium to be informed for the latest update!
Go to Hydro: https://thehydrofoundation.com?sc
Trade on DDEX: https://ddex.io?scmedium
Join Hydro Telegram Group, DDEX Telegram Group
Follow us on: Twitter, Reddit, Facebook
Thank you very much for your support.
Best regards
Hydro Protocol Team
