Amid the current anxiety in markets, I want to take a moment and send this simple message to our community.
11 May 2022, 20:46
Amid the current anxiety in markets, I want to take a moment and send this simple message to our community
In times of extreme volatility, it's normal for more emotional questions to emerge.
This is why I will try to take a step forward and make this summarized post that contains some takeaways.
Here are some things to keep in mind when it comes to HYDRA
- We pay very careful attention to the events taking place inside and outside of the HYDRA hub. In fact, to the extent possible, we are striving to always analyze both the successes as well as the failures of other peer projects, with both being equally important and equally valuable for our continuous learning experience
- HYDRA stands on very solid ground. With node counts consistently being in the 800-1000 and 750+ validators that have produced more than one block, HYDRA's permissionless infrastructure network has the capacity to compete with tier 1 projects
- HYDRA has the tools to not only exist but also continue to grow both in bullish as well as bearish markets. In fact, we do have reasons to believe that based on post-distribution data, HYDRA has managed to outperform a majority of alts in recent conditions (even the majority of flagman alts).
- HYDRA is financially secured as a decentralized organization and can sustain extreme market conditions without issues
- The DAO of HYDRA has a substantial scale to HYDRA market cap, which will enable all of us, as a community to make important decisions with proper financing
- HYDRA is growing into a hub of its own. With 4 strong and professional product-oriented projects (Evedo, GoMT, Changex and LockTrip) as well as multiple community-built projects, a DEX a proprietary Bridge, and liquidity in the form of BTC, ETH and DAI already part of this hub, these projects and assets are already creating a network effect within the hub. Despite the scale of the ecosystem being still relatively smaller and younger to others, the quality of projects being built as well as the level of community is outstanding. Because of this, HYDRA is already being noticed by other projects and we are confident in the future trajectory of the hub.
- The pipeline of DeFI and Protocol-related projects and ideas has never been stronger. Many of the concepts being worked on are not communicated in order to be consistent with our policy of revealing things in a relatively mature state.
- Our team is optimistic about the future and we couldn't be more excited to continue learning, experimenting, and building in our ecosystem. With unique tools that we previously didn't have, we feel like the potential of the project is reaching an inflection point.
- HYDRA is Ecologically sustainable and leaves a minimal carbon footprint. A factor that is important not only from a human perspective but also increasingly important from an investment perspective
- HYDRA's design adds to a philosophy rooted in Bitcoin and Ethereum. One that effectively deals with the blockchain trilemma: Decentralization, Scalability, and Security in a balanced way, for an optimum outcome. In fact, we tend to believe that we add Economy as a 4th component to the mix as it is equally important for the sustainable outcome of the system.
Thank you once again for your trust and keep calm.
Don't forget to take care of yourself both mentally and physically in times of high stress.
HYDRA is strong and so is its community
Same news in other sources
112 May 2022, 10:10
🔥 HYDRA will be listed on BitMart soon!
HYDRA will be listed on BitMart soon.
🔥 HYDRA will be listed on BitMart soon!