Long but good update. The $HTM price took a small hit and provided a nice entry on a funded/strategic move Hatom's making into Stellar @StellarOrg .
tl;dr $HTM will remain on @MultiversX; they expect the flywheel will resume in better market conditions. 🤝
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🚨 Protocol Update #12
We are excited to share a new protocol update with our community, designed to keep everyone informed and aligned on the next steps in our journey toward what we believe will reshape the way we view and interact with our financial systems, creating a better and more inclusive future.
The past year has been turbulent for crypto and the sentiment across non-major blockchains has taken a severe beating. At worst we have seen disastrous liquidation events and collapsing companies, which has translated into uncertainty and doubts for the survival of DeFi, as the already thin liquidity gets squeezed further and the already tight noose around survivors gets pulled ever tighter.
We have also observed that these events have shifted the user perspective and risk appettite regarding decentralized finance, and realize the importance to pivot towards those needs to stay competitive and on top of the modern day DeFi-scene.
At Hatom, we can’t pretend that the environment was friendly to us. We felt
Another big step forward.
@HatomProtocol new Liquid Staking protocol is now open-sourced, transparent, audited, and available to everyone.
Alongside it comes a major upgrade to the staking layer itself.
From Transaction-Based to Epoch-Based, a smarter, fairer delegation system.
Delegations are now aggregated every epoch, unlocking micro-staking, instant unstake, and a new scoring model that boosts smaller, efficient validators.
More fairness. More liquidity. More decentralization.
Every step compounds - and the open financial stack on MultiversX grows stronger.
Congrats addressing the needs of the ecosystem.
The Liquid Staking protocol is now Open Sourced.
Transparent, audited, and available to the community.
The code is here:
https://t.co/rMhscnhUhc
Check our latest audits here:
https://t.co/6wHAMnre7K
Liquid Stake with Hatom! Liquid Stake Safe!
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