Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Hydro, a bidding & governance platform developed by Informal Inc, is introduced by Cosmos to deploy liquidity across the interchain ecosystem. It allows projects to add ATOM and other token liquidity. The platform exclusively uses Stride's stATOM as the governance token, where locking stATOM enables voting on token distribution.
1/8 This morning, @Informalinc revealed the Hydro platform for @CosmosHub. Hydro v1 exclusively uses Stride's stATOM as the governance token. In a nutshell, you lock stATOM to be able to vote on distributing tokens as POL. The more stATOM you lock, the greater your vote power.
.@cosmos introduces Hydro Hydro is a bidding & governance platform for the efficient deployment of liquidity across the interchain ecosystem. https://t.co/nVU0SbSIz1 https://t.co/bZ80MGhBug
Hydro is super exciting and is a way for ATOM to get out of the forest. What no other infrastructure provider has a well distributed liquid token https://t.co/bG9VitOWYe