New Standard for DeFi Trading Bridgeless Cross-Chain Protocol Hashflow (HFT) Market Analysis

evelynnn

Member
Sep 20, 2022
25
2
1. Introduction to the Project
Hashflow (HFT) is a decentralized exchange that supports cross-chain interoperability. We aim to connect our users with professional market makers and provide a zero slippage, low GAS fees and MEV protected trading experience. Hashflow currently supports public chains such as Ethereum, Avalanche, Polygon, Arbitrum, Optimism and BNB.

For asset trading, the vast majority of decentralized exchanges, like Uniswap and Sushiswap, primarily rely on automated market makers (AMMs). The AMM approach, however, confronts numerous dangers and serious issues, including front-running, sandwich assaults, temporary losses, expensive gas, and frequent transaction failures. As opposed to AMMs that produce substantial slippage during transactions, which is a problem that Hashflow is attempting to address, Hashflow utilizes the request-for-quote (RFQ) approach to enable professional market makers to manage liquidity pools.

How Does It Work?
1.A trader requests an offer to sell 100 ETH on Ethereum (source chain) and buy 200 AVAX on Avalanche (destination chain).
2.Market maker provides a signed quote to the trader
3.The Ethereum-based liquidity pool smart contract does security checks, adds money from traders' wallets to the pool, transmits the payload, and invokes the Ethereum-based gateway smart contract.
4.Merchant sends transaction on Ethereum with signed offer as payload
5.Once the transaction on Ethereum is successful, the gateway smart contract triggers an event
6.The validators then utilize the event to validate the transaction and deliver the evidence along with the payload to the gateway endpoint on the Avalanche

How to Buy Hashflow Tokens (HFT)
MEXC is currently organizing a deposit event for Hashflow (HFT), with 5,000 MX up for grabs! The event starts on 2022-10-31 10:20 (UTC) until 2022-11-09 16:00 (UTC). During the event period, users who deposit HFT with a net deposit of no less than 50 USDT worth of HFT could share a total of 5,000 MX prize pool in proportion to the net deposit amount. Find out all the details here! Furthermore, MEXC will list HFT token on our innovation zone with HFT/USDT trading pair starting 2022-11-07 13:00 (UTC)! Join MEXC now and get an early head start to trade HFT!