Momentum continues to build as we make progress in spreading the word about the Entropy Token, and the Hut34 Project. This update covers our listings at various additional decentralised exchanges (see here for why we believe we’re moving in the right direction to support the decentralised paradigm, or read the paper to read more about the risks of centralisation!).
Last week there was a meeting of minds in Berlin where many of the teams building out the decentralised exchange ecosystems met to discuss common ground and common issues — we couldn’t attend this time, but here is a really good write up of their work, which we’re keeping a very close eye on.
In addition to our Token.store listing which we previously covered, we’re excited to announce the following developments around price discovery for the Entropy token.
Blockfolio now displays pricing information for ENTRP, currently only fed from EtherDelta, and comes with a range of tools to help you track your tokens. It’s a solid, useful app, and can be quite addictive! Trying not to fire it up every 30 seconds can be difficult!
Radar Relay is a relay (obviously!) on the 0x protocol, a decentralised exchange paradigm we’re bullish about. Radar have built a solid platform, with a decent UX, and navigating the complexity of operating within decentralised exchanges is made just that little bit easier. ENTRP can be purchased here.
ForkDelta offers an alternative UX to the EtherDelta contracts / order book. Probably the widest range of ‘listed’ tokens available, and ENTRP tokens are avaliable for purchase by clicking here.
DDEX, IDEX, and Paradex
Finally, we currently have a seat on the Beta version of Paradex, and are in active discussions with the teams at DDEX and IDEX. In short, we see a broad surface area of sustainable exchanges as an achievable near term goal — we’re working hard on that front, and the efforts are bearing fruit.
Presence across a number of decentralised exchanges is not only exciting and useful for building liquidity, it also offers us the ability to integrate into the Hut34 Platform, such that bots on the Hut34 Network can seamlessly exchange tokens. Our labs are working on some amazing proofs of concept — you might see Hut34 Platform bots exchanging tokens via a DEX to satisfy a chatbot query before too long! More on this very soon :)
Onwards and Hutwards!
The Hut34 Team
