Hydro Finance will not be launching on the $SCRT network. Airdrop will not be taking place.
Updated: July 29th, 2022:
Hydro Finance will not be launching on the $SCRT network.
The Hydro.Finance $SCRT node will continue to operate but will shortly be renamed.
Any planned airdrops will not be occurring as a result of these events.
Updated May 23rd, 2022:
Original post: March 27th, 2022:
Very early and more details will be coming soon. Eligibility criteria to be defined later. At this point $SEFI, $SCRT, and $LUNA delegators are mentioned.
Source: Introducing Hydro.Finance!
There will also be airdrops for $SCRT and $LUNA stakers, as well as potentially others. As this product leverages the cross chain properties of the Cosmos, a key focus will be to provide value to external communities, drawing them in to participate in the Secret Network ecosystem. This is crucial for the growth and success of Secret Network.
That being said, $SEFI holders will receive priority on allocation events, as purchasing and/or staking $SEFI in the Infinity Pool is the BEST WAY to ensure FIRST ACCESS to the token and platform.
Source tweet:
ANNOUNCING https://t.co/IrT8roarpc! A new kind of hybrid derivatives based AMM, featuring stable swaps with no slippage and incredibly low fees, external revenue, and more!
This will unlock new depths of liquidity for @SecretNetwork. 🏊
Learn more 👇https://t.co/5I0tYokH7I pic.twitter.com/2o1eFoS0sl
— Hydro.Finance (@DRO_DAO) March 23, 2022