Comprehensive Guide to Hydro Protocol

Today we will explain the Hydro Protocol, one of the RWAs platforms on the Injective network.

It was launched in the past months on the network and has achieved great achievements.

Guide to Hydro Protocol | by Mr.ALBREAM

About Hydro Protocol

It is one of the RWAs projects built on the Injective network Since the launch of the main network, the project has introduced the idea of ​​agriculture and gives a financial return to people who do so through hydro. Let's start explaining the platform in detail:

Getting Started with Hydro Protocol

Once you enter the platform via the official link: http://app.hydroprotocol.finance

You will find the interface that befits a project built on Injective, where more than $82.22 million has been locked through the platform.

If we scroll down, we will find the Liquid Staking pools, farming, etc. The amount locked will really amaze you with the numbers on the platform, as the Liquid of $INJ is $48 million.

At the end of the page we find about the $Hydro coin, its price, and its market value as well.

Connecting Your Wallet and Exploring Liquid Staking

Now let's move on to the comprehensive/advanced explanation:

First, we link the wallet from the top right side of the page, and then we go from the left menu to the "Liquid Staking" section.

1. We will find important information first about the profitability related to Staking and its percentages.
   
   
   
2. If you like the work Stake for hINJ you will get a return of up to 21%
3. Very easy steps just select the quantity and then click on the mint button at the bottom of the page.
4. Make sure to complete the transaction after Stake. You will gradually start to see profits (Note: If you decide to withdraw Staked, you can do so, but you will need 20-23 days).
   
   
   

Maximizing Earnings with Farm & Boost

Let’s move to the section (Farm):

1. Here you will boost your chance to win more money using the booster, where two coins, $hINJ, $xHDRO are staked.
2. This pool offers between the two commissions a return of Farm+Boost APR (16.78% + 71.89%).
   
   
   
3. If you want to do that, just select the quantity and then agree to the terms above the Add Farm+Boost button and then click the Add Farm+Boost button.
   
   
   
4. Approve the transaction and start getting full profits.

Exploring the LSD-Fi Section

We move to the new section of the platform (LSD-Fi):

1. It is a collection of basins with different references and many basins from projects also from the Injective ecosystem for you to choose what suits you perfectly.
   
   
   
2. Choose the urine that pools you, and click on Stake.
   
   
   
3. select the quantity and then click on the Provide & Mint button, do not forget to approve the transaction from the wallet.
   
   
   
4. Then go to the bottom of the page, select the above, and then click Stake. Don't forget to agree to the site's policies and terms.
   
   
   
5. To unlock Stake go back to the home page then Unstake.
6. 6-Select the amount of $INJ you want to unstake, then agree to the terms and conditions, and then click on the Unstake button. Go to the bottom of the page, then put the same amount as at the top.
   
7. then click on Burn & Withdraw. Don’t forget to approve the transaction from your wallet finally.

Auto-Compounding with Stake $INJ

Auto-Compound section is dedicated to making Stake $INJ:

Select the amount you want to Stake, agree to the platform’s terms, then click the Stake button at the bottom of the page, and don’t forget to accept the transaction from the wallet.

Effortless Swaps with Helix

1. Smooth section Select the currencies you want to exchange, then click on the Swap button at the bottom of the page.
   
   
   
2. This section is officially supported by the well-known Helix platform, which is also part of the Injective ecosystem.

Liquidity Pools on Hydro Protocol

To make a pool, click Add, then specify your quantity, then Add Liquidity. Agree to the transaction at the bottom of the page, agree to the terms and conditions, and do not forget to specify the quantity you specified at the top, then click Stake.

Community Governance and Voting

1. It is the section dedicated to voting from the community and people who use the platform in any way.
   
   
   
2. As you can see, this is the final vote and its percentage.
   

Thus, we have explained the platform in full.

from Ninja to Ninja

Authored by Ninja: Mr.ALBREAM

Date: 14/09/2024

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