HESH.FI offers a low-fee automated market maker (AMMs) exchange along with yield farming opportunities for users. It runs over Ethereum with the scalability of ‘layer-2’ platforms. The protocol would also offer social tokens and non-fungible tokens (NFTs) and plans to launch on the Polygon network initially.

AMMs, for the uninitiated, are smart contract-based DEXs that allow users to trade cryptocurrencies in a wholly permissionless manner via the use of decentralized liquidity pools (as opposed to the traditional market where buyers or sellers could be centralized).
Most AMMs run on a certain blockchain and allow users to trade cryptocurrencies and tokens related to that particular blockchain. This means an Ethereum-based DEX can only facilitate the trading of Ethereum and other ERC20 assets (and not tokens issued on Tron, Solana, or Binance Smart Chain).

HESH.FI solves just that. Whenever a user requests a trade on the platform, its ‘nodes’ search different blockchains to fill the order at the lowest slippage possible. This means, for example, that a user wishes to trade ETH/USDT via HESH.FI using the Ethereum network, the protocol would try and find a better trade on a different blockchain (say, Solana) and execute the order.

As such, the nodes themselves use Router Protocol’s cross-chain bridges to allow information- and value-transfer between different HESH.FI nodes. For the uninitiated, Router Protocol is building a liquidity super mesh connecting multiple cross chains; currently, the testnet supports Ethereum, Polygon, BSC, HECO, and Avalanche, and soon Algorand, Solana and Terra will be added as well.

The nodes are spread across multiple Layer 1 and Layer 2 blockchains and allow HESH.FI to act as a multi-chain DEX, meaning users can conduct their on-chain, permissionless trades seamlessly across several blockchains from a single interface.

Hesh.Fi

MetaMask

Binance Chain Wallet

Bitcoin

Biaoqing

Notcoin

PeiPei (ETH)

Pepe

Solidus Ai Tech

WATER

Solana

Ethereum

Super Trump

Shiba Inu

Toncoin

Niza Global

Kaspa

Bonk

Apeiron

Ethereum Name Service

Cardano

Dogecoin

SPACE ID

Bullish CDP LHS1 May Campaign

Big Time - CDP LHS2 (Desktop Only) 2024

Uphold CDP LHS2 May campaign

BitGet CDP LHS2 May campaign

Bullish Search Bar Banner

Niza Global Search Bar

BingX Search Bar July Campaign

DexCheck Community Panel

Solidus AI Banner

Bullish Portfolio Page Banner

Fear

Extreme fear

Neutral

Greed

Extreme greed

♻️ Rehypothecated

 🔥 Memes

 🔥 Solana Eco

 🔥 AI

🔥 Gaming

🔥 RWA

цена на Hesh.Fi
HESH

Hesh.Fi community

Новини за Hesh.Fi

За Hesh.Fi

Най-посещаваните криптовалути

Популярни