Hydranet - Weekly Update #115


X/Twitter: https://x.com/TheHydranet/status/1806456343668158958

Core DEX:
- Trading competition ended, almost 100.000 USD volume
- HDN rewards will be sent out later this week

Web DEX
- Channel Rental Manager has received various updates and is now being implemented
- Lithium v2 is being further improved and debugged
- Channel Rental Manager User Interface is being built
- Channel Rental API is being tested against front-end infrastructure
- Channel Backup feature is being kicked off next
- Great progress on basic orderbook features

CORE DEX: Trading Competition Summary


X/Twitter: https://x.com/TheHydranet/status/1805356024343273527

With nearly $100,000 traded on the Hydranet CoreDEX in just two weeks,
we've demonstrated that off-chain trading effectively addresses many issues in the cryptoverse.

Thank you to all participants for making this event a success! 🥰

In the coming weeks, we will be making significant changes to bring the #WebDEX to the mainnet as soon as possible.
Stay tuned for updates!

Here is a final overview of our first trading competition.
Rewards will be distributed in the coming week! 💸🥇💸

Hydranet - Weekly Update #114


X/Twitter: https://x.com/TheHydranet/status/1803882566749135004

Core DEX
- Hydranet's first trading competition has been completed!
- Stats are being collected and evaluated, a more detailed update will follow soon! Thank you, everyone, for participating

Web DEX
- An improved Transaction page has been published to closed beta testers yesterday
- Started drafting the first version of the upcoming Simple Swap UI
- Hydranet has just carried out the world's first successful Multihop Keysend payment

Lithium v2 is almost done and will be rolled out to testers in the coming weeks!
This will allow our users to perform native ETH off-chain transactions for ~0 fees!

Hydranet - WB Ticker Update
X/Twitter: https://x.com/TheHydranet/status/1803735223932174463

Important Announcement:
Temporary Ticker hidden from WhiteBit token list

Hydranet Community,
We are informing you about an important decision regarding our listing on WhiteBit.

Due to financial obligations for an appropriate Web Dex release and marketing requirements, we have decided to hide our ticker from the list on WhiteBit.
This measure is essential to maintain our good standing with WhiteBit and preserve our relationship. Reactivating our public visibility on the exchange will occur during marketing or shortly after.

Key Points:

Withdrawal and Deposit Availability:
Users will still be able to withdraw and deposit their tokens at any time. Currently, there are close to 10 million HDN sitting on WhiteBit.
Holders can withdraw their tokens to self-custody on-chain addresses to help boost on-chain metrics if they wish to help in that aspect.

Trading Continuity:
We want to assure our users that despite the temporary change, you will still be able to trade HDN using the direct link provided by WhiteBit via email. Liquidity from the Hydranet Dao will be reduced during this time. This adjustment lowers our financial requirements while maintaining the trading functionality.

Strategic Reallocation:
Instead of supporting liquidity and volume requirements on WhiteBit, we will be pausing our financial obligations.
This will allow us to better support our liquidity where it's most beneficial for the project.

Future Plans:
We want to reiterate that our relationship with WhiteBit remains strong and positive.
This is not the end of our listing but a temporary pause to better manage our financial commitments and ensure we have sufficient funds for marketing and Web DEX development.

We are committed to returning to the WhiteBit list in the future with increased liquidity, and we are grateful for your patience and support during this temporary phase.
We appreciate your understanding as we make these adjustments. Our goal is to strengthen our presence where it matters most and ensure the long-term success of our community and project.

The HDN token will be hidden from public listing on Friday, June 21st, 2024, at 1100 CET.
WhiteBit will email the link to the platform's users.

Hydranet - Weekly Update #113


X/Twitter: https://x.com/TheHydranet/status/1801332294185042318

Web3 Wallet
- Fixed and enhanced features within the transactions tab
(A small surprise is planned for the end of this week.)

Web DEX
- Orderbook research into Uniswap-like liquidity pool has been initiated
- First internal Lithium multi-hop tests have been scheduled for this week
- Adinael has started working on the orderbook, which marks the last big item before we can start testing WebDEX swaps!

Core DEX
- Hub Vector database has been upgraded and stabilized significantly
- Trading Competition deadline will be extended to June 19th, 20:00 CET

All information on our ongoing trading competition can be found here:
https://medium.com/hydranet/core-dex-trading-competition-7a83e188eec7
Join now, if you haven't done so!

Friendly reminder
Make sure to always get your HDN off exchanges and into self-custody,
preferably cold storage!

Hydranet Core DEX - Trading Competition
X/Twitter: https://x.com/TheHydranet/status/1800983108059054265

Today we want to publish the current state of the trading competition.
To check your own volume, you can get the wallet ID at your Core DEX settings > Software Version.

Would you like to advance to the next tier or did you miss out on taking part in the #competition until now?
We got you, as we extend the deadline to June 19th, 20:00 CET 2024!

Thanks to everyone who has joined so far and good luck to all new traders!

Get the Core DEX today here:
https://hydranet.ai/en/download

More info on the trading competition here:
https://medium.com/hydranet/core-dex-trading-competition-7a83e188eec7

Hydranet - Weekly Update #112


X/Twitter: https://x.com/TheHydranet/status/1799096836298252415

Core DEX
- Vector database has been optimized
- New wallet release is being prepared
- Extra warning for on-chain settlements will be implemented
- Swap times have been improved to 3-5 seconds

Web DEX
- Multihop network graph and message announcements have been completed
- Working on path-finding algorithm for multi-hops
- Testing current state of Channel Rental Manager Client
- On-Chain payment optimizations for channel rentals have been implemented

Marketing
- Marketing advisors and agencies have been contacted and are being reviewed
- Monthly recap article for May 2024 has been released:
https://medium.com/@Hydranet/f1c409b89d12

Trading Competition
- Hydranet Core DEX Trading Competition is live:
https://medium.com/hydranet/core-dex-trading-competition-7a83e188eec7
- One week left, so download the Core DEX and start trading today!

Hydranet - Monthly Recap #24


X/Twitter: https://x.com/TheHydranet/status/1799081804894183495

May has been an eventful month for Hydranet, with several AMs, Lithium V1 being shipped to beta testers
and the release of an updated Hydranet roadmap for the upcoming quarters.

Read more about May's highlights in this month's recap,
and don't miss the ongoing trading competition on the Hydranet Core DEX! 💸🙂

https://medium.com/hydranet/hydranet-monthly-recap-24-may-2024-f1c409b89d12

Hydranet Core DEX Trading Competition Kick-Off


X/Twitter: https://x.com/TheHydranet/status/1796625139343266036

Join the Hydranet Core DEX Trading Competition starting now, May 31, 2024, and ending June 13, 2024!

Experience cutting-edge technology with our cross-chain, instant, scalable, and private swaps.
Compete for HDN rewards, enhance your trading skills, and contribute to the Hydranet ecosystem.

Download the latest Core DEX:
https://hydranet.ai/en/download

All details, including rewards and tutorials, are visible here:
https://medium.com/hydranet/core-dex-trading-competition-7a83e188eec7

Happy trading now!

Hydranet - Weekly Update #111


X/Twitter: https://x.com/TheHydranet/status/1796254303176237295

Web DEX
- #Lithium was successfully released to beta testers and is looking very promising so far!
- Research and implementation of multi-hops (Lithium V2) has started
- "Gossip Network" for multi-hops function is being built
- Pathfinding algorithm is being implemented and improved for multiple hops
- Rental Manager client #development is almost complete and has now reached early dev testing phase
- Previously missing solution for paying on-chain rental extensions has been deployed

Core Dex
- Released new Core #Dex version with various fixes and improvements
- Signed executable for #LND and wallet prevents future windows warnings
- Experienced some re-orgs at our #ETH and #Arbitrum nodes, currently re-syncing them

Marketing / PR
- Core DEX Trading #Competition will be kicked off during the next 24 hours
- #AMA with Joe and Phil and Down Under Trading
 will take place on May 30th (today) at 07:30 PM UTC:
- Make sure to join here: 
https://discord.com/invite/DjeAbG4R

Hydranet x Down under trading AMA
X/Twitter: https://x.com/TheHydranet/status/1795549264745001407

To kick off the Hydranet Core DEX trading competition, we will be holding an AMA with DownUnderTrading
this coming Thursday @7.30pm UTC in the Down Under Trading discord!

Down Under Trading aims to educate #traders on smart, practical trading through risk management and technical
analysis. The focus is on teaching traders to understand markets and make their own informed, emotionless trades,
rather than relying on external signals.

Link to their discord is here: https://discord.com/invite/DjeAbG4R

We're looking forward to welcoming you there and are happy to host our first DEX trading competition!

Hydranet - Roadmap Update 2024


X/Twitter: https://x.com/TheHydranet/status/1795178603845419252

The Hydranet DAO is unveiling its recent update for 2024,
readjusting our course to transform the industry of decentralized trading and everyday crypto utilization.
Our following game plan is driven by our team's wholehearted commitment to enable Hydranet users with an unprecedented trading experience,
combining self-custody, frictionless off-chain trading, and unwavering security and efficiency.

This year, our pioneering features will be incorporated into our new flagship product, the Hydranet Web Dex,
which will ultimately position us as industry leaders in the evolution of decentralized finance.

You can find all the info regarding our grand Roadmap Update on medium
https://medium.com/hydranet/roadmap-2024-update-99d944869157
where we lay out a visual overview, showing all the upcoming steps, and then explain each part in detail.

You are more than welcome to comment and discuss
Thank you for your patience, your feedback is highly appreciated!

Hydranet - Core DEX Trading Competition


X/Twitter: https://x.com/TheHydranet/status/1794831323619635628

Start: 30th May 2024

We finally announce the first Hydranet Core DEX Trading Competition, a contest specifically designed to provide our community with the opportunity to experience the benefits of the Hydranet DEX while earning attractive rewards.
This competition aims to introduce both existing and new users to our Core DEX platform, showcasing its capabilities and advantages, and to gain valuable feedback at the same time.

You can download the latest version of the Hydranet DEX on our official website: https://hydranet.ai/download

Set up your channels now, and we will see each other on Thursday!

Stay tuned for more details and make sure to be prepared by joining/following our Discord, Telegram, and X/Twitter accounts:

- https://discord.com/invite/hydranet
- https://t.me/hydranetofficial
- https://x.com/TheHydranet

Last but not least: The 2024 Roadmap update will be published tomorrow!

Hydranet - Weekly Update #110


X/Twitter: https://x.com/TheHydranet/status/1793724894162624686

Core DEX
- Trading competition preparations are complete and funds have been allocated, final date will be announced this week
- Windows certified Core DEX version will be released this week

Web DEX
- Lithium V1 is live for closed beta testers!
- Closing channel issues for Channel Rental Manager have been fixed and additional improvements have been implemented
- Channel Rental Client development has been started

Marketing:
- Roadmap has been updated for internal review and will be published towards the end of this week!
- XT.com's X/Twitter Spaces AMA featuring Hydranet and Walleye took place and is available for you right here:
https://x.com/XTexchange/status/1793279948507275359

Hydranet - XT.com X Space AMA


X/Twitter: https://x.com/TheHydranet/status/1788612317866766686

Exciting news! Hydranet will be featured on XT.com X Space on May 22nd at 14:00 UTC.
To celebrate, we’re offering a chance to win some HDN! To enter, follow the instructions in the post:
https://x.com/XTexchange/status/1792482892079378807

Event Details:
Date: May 22nd
Time: 14:00 UTC

Special Guests:
- William, Head of XT Academy (@WILLSENSEI85)
- Albin, CEO of XT
- Walleye, Hydranet Foundation Director (@Walleyethestake)

Don’t miss this opportunity to support Hydranet and win some HDN

Hydranet - Weekly Update #109


X/Twitter: https://x.com/TheHydranet/status/1791230405368033480

Web3 Wallet / Web DEX
- Devs finished testing Lithium, code is in review now
- Upgraded BDK and LDK to the latest versions
- Review and more improvements of the channel rental manager
- Ongoing channel closures can now be detected by the backend

We had found more spots that needed to be improved and therefore we have this small delay in shipping.
However tests look really good now and we hope we can ship it to closed beta testers in the next days and soon after to the public.
Thanks for your patience!

Lithium:
- Vekthor migration finished, so all Lithium code is now on the latest and gas optimized state
- Added automatic channel dispute state
- Improved hashlock payment: multi-path payments are now supported

Core DEX:
- Added successfully the certificate to the Core DEX, we can now sign the MCLW and the error with the unsafe software on windows is gone!

Marketing/PR
- Continued working on a bigger 2024 Roadmap update, article is now in review
- More preparations for Core DEX trading competition

Hydranet - Weekly Update #108


X/Twitter: https://x.com/TheHydranet/status/1788678929261244826

Web DEX
- New #Lithium package submitted and in internal testing stage, will be deployed to closed #beta later this week
- Unilateral settlement logic has been implemented in the Lithium contracts
- Lithium error handling has been improved
- Started working on hashlock resolution implementation
- Nearing finalization of channel rental manager development

Marketing/PR
- Lithium #AMA and Lithium #Showcase took place and can be found here:
https://youtube.com/watch?v=ANwVqjdbZkw&t=1130s&ab_channel=HydranetHDN…
- Lithium AMA winners have been announced (https://x.com/TheHydranet/status/1788612317866766686)
- Working on a bigger #Roadmap update to provide more details and current status on all ongoing developments

Other
- Weekly Announcements have been rescheduled from Wednesday to Thursday

Hydranet - Lithium AMA winners

Thank you for joining us during the Lithium AMA last Friday, and thank you for all the questions and engagement you have shown leading up to it.
Before the AMA, we introduced three contests, and now it's time to announce the winners of each!

🥳 🎉

See all our winner's here on X/Twitter:
https://x.com/TheHydranet/status/1788612317866766686


Remember, team members will never DM you first!
Stay safe and congratulations to our winners!

Short "Beginning of the week" Update
 
- We are preparing a new web wallet release for the public, including a lot of improvements and bug fixes, aiming to release it this week
- Lithium v1 will be made available to closed beta testers this week! 🔥
- Weekly updates will be moved to Thursdays from now on.

More info & news will be released soon!

Hydranet - Weekly Update #107


X/Twitter: https://x.com/TheHydranet/status/1786085950885347668

Core DEX
- Acquired codesign, so the #DEX can now be signed with a certificate

Once implemented, there won't be many warnings anymore when installing.

Web Wallet
- Integrated #Lithium Protocol (V1), aiming to release it to closed beta early next week
- Finished Lithium indexer
- Started refactoring to improve security and prepare for #Storj implementation
- Continued working on Channel rental manager, should be finished mid May
- Aiming to release a new version to the public, including various enhancements this week

DAO
- Latest Hydranet #DAO Improvement Proposal is live here: https://snapshot.org/#/hydranet.eth/proposal/0x715a967208b2fa3de4675826445cc74f2bc1e6ece28fd501c3cfc2a2ef2a408f…

Lithium AMA
- Published an in-depth article about #bridging:
https://medium.com/hydranet/save-up-to-85-in-fees-using-the-hydranet-web-dex-for-your-bridge-transactions-5ed315987fc4…
- Published a page to check what #fees you could have saved using Hydranet DEX:
https://bridge.hydranet.ai

Lithium #AMA will take place on 3rd May, 19:00 CET.
A total of 10.000 HDN is up for grabs for all people who join and ask good questions!

Please let us know your questions in advance here:
https://forms.gle/VRCi4tf6YEiGJMG7A