Today you will get a closer look at the first and only LSD platform on Injective: Hydro!
This is a special introductory and helpful post, for those who are new to us.
What is Hydro Protocol?
Hydro Protocol is an innovative Liquid Staking Derivatives (LSD) platform on the Injective Network that provides liquidity, yield maximization, and staking convenience.
Hydro Protocol's key features
1. Liquid Staking Derivatives (LSD):
- Convert $INJ to $hINJ for instant liquidity.
- Use $hINJ as a standard token in the LSDFi ecosystem.
2. Farming:
- Maximize yield through Hydro Farm.
- Bonus programs to increase rewards.
3. Auto-Compounding:
- Auto-capitalization of steaking.
- Reducing time, cost, and complexity for users.
About $HDRO Token
- A stewardship and utility token.
- Deflationary model to maximize value.
- Up to 30% of revenues are distributed to $HDRO stakers.
Why you should choose Hydro Protocol
- The first and only LSD platform on Injective.
- An extension of the LSDFi ecosystem.
- Availability of Real-Yield Aggregator for revenue optimization
