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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Thorchain (RUNE) is soon obsolete, here's why. on: March 12, 2024, 09:10:23 AM
Hey fellow crypto enthusiasts!

Thorchain (RUNE) is currently one of the most popular DEX's out there, allowing native BTC trading on their platform. This makes them stand out from other ethereum-based DEX's such as Uniswap, or Sushiswap which only allows ethereum tokens.

There's just one major problem. A problem we've faced for YEARS now. Fees  Roll Eyes

Imagine if you could day trade BTC or ETH on a DEX, without paying $10 for each trade? That's currently NOT possible, nor feasible as each trade needs to be accepted on the network, which takes way way too long.

Hydranet has solved this issue with gas fees on Ethereum, as well as fees on Bitcoin trading. How? Off-chain trading. MADE SIMPLE.

Hydranet is currently sitting on a 11 mio marketcap, which is 180x LESS than Thorchain so the upside is MASSIVE on this one.

They built the first L3 DEX in the world
, it's Live, you can go use it already, but with limited pairs, and volume for now.




Next on their pipeline is a Web-DEX which will work similar to Metamask, offering near instant exchange settlements. This means you can access your own wallet, and trade exactly how you normally do, but with VERY small fees.  Wink

All fees on the DEX is used to buy-back HDN on the open market, as well as on-going fee distributions to token holders paid in ETH! Now, this is going to drive investor demand up immensely.

Hydranet could potential be a competitor to Uniswap, which if Hydranet reaches the same marketcap, it will be worth $70+/token. (And it's currently trading at 6!!!! cents).


Here's a comparison video between Thorchain, and Hydranet. It speaks for itself... https://www.youtube.com/watch?v=8SJsAUx-hJA



Hydranet is playing big. İt is not easy to revolutionize this market. İt seems to have solved many technical problems. Thorchain opened an important door for Dexs with Bitcoin trading. But Hydranet breaking down the door. After a while, everyone will be talking about it.
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