What Exactly is Hashflow? Learn with MEXC Blog

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A decentralized exchange known as Hashflow or HFT is built for interoperability, zero slippage, and MEV-protected deals. There are more DeFi traders now than ever before, and there are several new decentralized exchanges (DEXs) entering the market. Therefore, what distinguishes HFT from other DEX? The MEXC Digital Asset Introduction Page contains a summary of the Hashflow token. Don't forget to read the HFT announcement to see how you can earn rewards for making deposits of HFT tokens.

What are the advantages of Hashflow (HFT)?
Assets can be priced effectively by market makers. They can make use of Hashflow's ever-complex pricing algorithms, which take off-chain data collection into consideration. This information covers past asset valuations, volatility, and other relevant facts.

Off-chain pricing offers traders tighter quotes at a better price. Additionally, there is no slippage, thus all Hashflow quotes are completed at the price indicated. They are also resistant to MEV. Front-running is impossible with cryptographic signatures, ensuring that traders can keep their profits.

How does Hashflow function?
The top crypto markets are accessible to consumers using Hashflow Protocol. They streamline the process with extremely low gas costs, a roster of the world's top crypto market makers, and maximum capital effectiveness. They give producers more freedom while ensuring no slippage and MEX resistance. Due to their pool-based architecture, all of these are conceivable.

Hashflow operates conventionally, much like the order-book approach, unlike automated market makers (AMMs). The deal is carried out on-chain, but the pricing is done off-chain. The user must first link his wallet to Hashflow, enter the amount they intend to trade, and then view a quote in order to start a transaction. The order is submitted, verified, and added to the Hashflow network as soon as the user agrees. The issuance of price quotations will be handled by the market makers on the other end. The sale is then consummated without slippage after being approved by the market maker.

Tokenomics of HFT
The Hashflow protocol's governance token is called HFT. It is an Ethereum mainnet ERC-20 token. They have a supply of one billion in total ( One Billion Tokens). Soon, information regarding the governance of hashflows and the use of HFT will be released.

HFT will be distributed as follows:

• 19.32% (193,200,000 HFT) to the Core Team
• 25% (250,000,000 HFT) to Early Investors
• 2.5% (2,500,000 HFT) for Future Hires

53.18% (531,800,000 HFT) for Ecosystem Development as follows:

• 18.54% to Ecosystem Partners
• 13.08% to Community Rewards (NFTs + Rake the Rewards + Exchange Distribution)
• 9.54% for Future Community Rewards
• 7.50% to Designated Market Maker Loans
• 2.52% to Vendors and Early Service Providers
• 1.00% to the Community Treasury
• 1.00% for Hashverse Rewards

How to buy HFT tokens?
A deposit event for Hashflow (HFT) is now being planned by MEXC, and 5,000 MX are up for grabs! Beginning at 2022-10-31 10:20 UTC and lasting until 2022-11-09 16:00 UTC (UTC). Users that deposit HFT throughout the event period and make a net deposit of at least 50 USDT worth of HFT may be eligible to split a total prize pool of 5,000 MX in proportion to their net deposit. Discover all the information here! Additionally, starting on 2022-11-07 13:00 (UTC), MEXC will publish the HFT token on our innovation zone with a trading pair of HFT/USDT! Join MEXC today and start trading HFT right away!