hashflow Profile picture
Apr 27 10 tweets 5 min read
0/ GM #hashgang, the wait is over… Hashflow Bridgeless Cross-Chain Swaps powered by @LayerZero_Labs are officially live!

Try it now ➡️ app.hashflow.com
1/ Starting today, you can trade between different assets on @ethereum @avalancheavax @BNBCHAIN @arbitrum @0xPolygon, all while retaining the Hashflow experience you’ve come to love – better prices, guaranteed execution, and as always, complete MEV resistance.
2/ We’re living in a multi-chain world, yet one thing that’s missing is the ability to do something very simple: sell $ETH on Ethereum and buy $MATIC on Polygon natively. Why?
3/ Mint-and-burn bridges can only generate representational assets escrowed by the underlying chain. Liquidity networks offer the ability to swap liquidity between chains, but are limited by pricing – most only offer 1:1 conversions of the same asset. What about cross-chain AMMs?
4/ Simply put, AMMs just don’t work in a cross-chain environment. Don’t take it from us, take it from @_prestwich. Cross-chain DEXes that rely on price curves do not work, because the MEV dark forest gets even scarier when you go cross-chain. Image
5/ Well not anymore! Hashflow is completely MEV-resistant for cross-chain swaps as well. Fundamentally, this is because Hashflow doesn’t rely on on-chain pricing curves, and instead leverages signed RFQs, which cannot be tampered with for the entirety of a cross-chain swap.
6/ How it works:
- Market makers (MMs) manage liquidity pools on both chains
- Traders request quotes
- MMs issue quotes which traders submit to kick off the first transfer
- X-chain messaging channels deliver payload to the destination to perform the second transfer
- Voila!
7/ Notice throughout this process there was no need to maintain prices on curves across chains or use external bridges. Because off-chain components handle the gnarly parts where slippage and MEV would be introduced, cross-chain expansion becomes relatively simple.
8/ To try it out, get started here ➡️ app.hashflow.com

Note that this is still in alpha, and experimental, so please only trade what you are comfortable with! And if you encounter any issues, open a support ticket on Discord here ➡️ discord.gg/wWrKDdN4
9/ To learn more, give our blog post a read! 🔽 blog.hashflow.com/introducing-br…

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with hashflow

hashflow Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @hashflownetwork

Feb 1
0/ 恭喜发财! It's time to announce the winners of the Year of the Tiger trading competition and their special reward! Check out this stylish, Lunar New Year-inspired, Hashbot 红包 NFT designed by the one and only @karlukalex.

Claim it here ➡️ galaxy.eco/hashflow/campa…
1/ To see if you were one of the 88 winning tigers, go to galaxy.eco/hashflow/campa… and connect your wallet on the BSC network. If you made the cut, you will be able to claim this NFT!

Make sure to claim your prize before 2022-02-15, 01:28 UTC.
2/ We want to thank *everyone* who participated in this contest. In just the last 24 hours, the new stable pool on @BinanceChain has surpassed $600M+ in volume - with just $1.5M in TVL!
Read 6 tweets
Jan 31
0/ Hey #hashgang! Who’s Hashflow’s favorite rapper? The answer: @2chainz ⛓️. If you hadn’t guessed by now - Hashflow is now live on @BinanceChain!

To celebrate, we’re launching the Year of the Tiger trading competition. Details below ⬇️
1/ The winners of this 🏆 competition will receive a special Lunar New Year gift. The rules:

- You must trade on BSC
- 88 wallets with the highest total volume win
- Contest ends on 2022-02-01 @ 01:00 UTC
2/ Embrace your inner bravery and competitive spirit - just like the tiger. We will unveil the prize shortly after the contest ends! Now go get ‘em, tiger.
Read 6 tweets
Jan 29
0/ GM #hashgang: It’s official… Hashflow is now live on @0xPolygon! Now you can take advantage of even lower transaction fees to:

✅Trade with zero slippage and no MEV exploits
✅Earn the best yields without impermanent loss

Start trading now: app.hashflow.com
1/ Eager to dive into public pools on Polygon? If you hold a category 1 NFT or the Hashbot Diwali poster, you can now deposit $USDC, $USDT, or $DAI into the new Polygon pool!

To get access, send us a request here: discord.gg/4Bjzzymzfc
2/ Reminder - Make sure to take advantage of the low fees on Polygon and keep trading for the chance to earn even more rewards:

➡️ Open Beta rewards - bit.ly/3pCsS4K
➡️ HFT trading rewards - bit.ly/32Dfrsq (625,000 HFT up for grabs every week!)
Read 4 tweets
Dec 23, 2021
0/ GM #hashgang. Our community means everything to us - without you, there is no Hashflow.
That’s why we’ve listened closely to your feedback regarding the distribution of $HFT and have decided to make a change. 👇
1/ As part of our $HFT announcement, we released a breakdown of early contributor NFT rewards.
Many of you were quick to point out that the HFT value of the Hashbot Posters #1 & #2 were significantly lower than others.
2/ To clarify, when we decided the reward allocations, our aim was to appropriately reward those who had traded through Hashflow time and again with large volume.
When we further analyzed the trading data, we found that a large number of traders did not belong to this category.
Read 8 tweets
Aug 3, 2021
1/ Gm Hashgang! We’ve got some exciting news for you 😊. Today, we’re launching the Open Alpha version of Hashflow. What does this mean for you?

TL;DR: no access codes, and the best #decentralized trading experience on Ethereum.
2/ Three months ago, we launched Hashflow in Private Alpha. This was our genesis moment, and we were overwhelmed by the amount of enthusiasm from the #DeFi community. Over 12,000+ people signed up to trade, pushing the limits on what we had anticipated for the private launch.
3/ Now, over 3,000 addresses and $2,000,000+ in trades later, we are ready to open Hashflow up to everyone. Having ironed out the kinks in the app and contracts, it’s time to stress-test the system under full mainnet conditions.
Read 14 tweets
Apr 29, 2021
1/ Today we are incredibly excited to announce Hashflow, a decentralized exchange that lets you trade trustlessly with crypto’s top market makers. What does this mean for you? Simply—better prices, no slippage, and rock-bottom gas fees. Sounds too good to be true?

Thread 👇
2/ In the past year, #DeFi has exploded. AMM volumes in particular are through the roof. This was the key “lego block” that unlocked DeFi summer.

Without AMMs, we wouldn’t have the liquidity needed to build out this parallel financial ecosystem. So first, thank you to AMMs 🙏
3/ That said, AMMs are just token vending machines. They’re always on, and will always give you tokens, but you might not get a good price, and you may end up with way less than you expected. They work… but you might have to kick the vending machine a few times.
Read 15 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(