What is Hashflow (HFT)?
Hashflow is a decentralized crypto exchange (DEX) that offers MEV-protected trades and zero slippage. The platform allows users to trade any digital asset quickly and in a simple manner. You only need to connect your wallet to start trading. Hashflow does not charge any commission fees for the trades. Besides, it executes all price quotes at their displayed price, ensuring transparency and predictability.
As already mentioned, one of the unique features of Hashflow is that it allows users to trade with zero slippage. It offers users fully native cross-chain swap functionality without the use of synthetic assets or bridges. Therefore, the platform enables seamless trading across various blockchain networks with guaranteed price execution.
Moreover, Hashflow uses MEV to protect trades. It includes cryptographic signatures, which make front-running impossible. MEV ensures that traders keep what they earn.
Also, another important feature is the platform's use of the RFQ model, which allows market makers to price any asset class. The platform is no longer limited to stablecoins or blue-chip assets. Therefore, the Hashflow protocol can offer seamless trading of asset classes that were previously impossible in DeFi, such as options and ETFs.
However, the most unique feature of the platform is Hashverse. This metaverse is the first gamified DAO and governance platform that is driven by a storyverse. It enables users to influence the direction of the Hashflow protocol by staking tokens, completing tasks, and earning incentives. The Hashverse's storyverse, created by renowned Hollywood creative firm Superconductor, is its core. In the dystopian realm of the Hashverse, old civilization and cutting-edge technology coexist.
HFT is the native token of Hashflow. The live HFT price is displayed on the Hashflow price chart above.
Uses Cases of HFT Tokens
First and foremost, the Hashflow coin is a governance token. It enables the holders to vote on the platform's proposals. The voting rights are determined based on the amount of HFT staked as well as the duration for which the token is locked. Some of the issues that Hashflow token holders can vote on are those relating to protocol fees, marketing, and code development.
Besides that, HFT tokens can be staked in the Hashverse to determine user health metrics within the metaverse and to earn rewards.
Don't forget to check the Hashrate price chart above. It features the current and the previous HFT price.
Who Founded Hashflow?
Varun Kumar is the founder and CEO of the Hashflow crypto project. Varun worked as an aerospace engineer for the German Aerospace Center, Udacity, and NASA.
Another co-founder and CTO of the project, Victor Ionescu, previously worked at Airbnb, Facebook, and Google. Victor has led large-scale infrastructure projects and managed cross-functional teams.
The third co-founder, Vinod Raghavan, is the COO of the project. Vinod started his career at Booz Allen Hamilton. He worked with popular firms such as Morgan Stanley, JPMorgan Chase, Goldman Sachs, Counsyl, and a16z.
Tokenomics of HFT
The HFT token economy is designed to ensure the sustainability and growth of the project as well as the stability of the Hashflow price. The token was launched with a total supply of 1 billion HFTs. The token distribution is as follows:
- Core Team - 19.32%
- Early Investors – 25%
- Future Hires – 2.5%
- Ecosystem Development – 53.18%