HurricaneSwap Bi-weekly Recap: Week 7&8

Hurricane Major News

• Thanksgiving special rewards for $HCT holders
• NEW Bug Bounty $500,000 on Immunefi
• HashEX security audit completed

Stats

• $35,205,776 Total Value Locked (TVL, Peak Value)
• $4,040,145.59 Daily Trading Volume (Peak Value)
• 3,477 Interactive Addresses
• 31,314 $HCT Holders
• 1,642 Actively trading users

Product Updates

1. Deploy HurricaneAlliance on Avalanche C-chain and BSC.

The Alliance Node is running on BSC and Avalanche, will do arbitrage and narrow the price gap between aToken and source-token on Hurricane to anchor the price when Hurricane V2 launches.

2. Update HurricaneAlliance Arbitrage Strategy.

A new Alliance Arbitrage Strategy has been deployed & tested on Avalanche. Now the Alliance Node could narrow the price gap between BSC and Avalanche C-chain within the 20s — 3 mins (Depending on the network status).

3. Update Relayer node

Due to BSC implementing a hard-fork update on Nov.30, the Relayer node is updated to the latest version.

4. Test The Customized Proof of Reserve

A Customized PoR, which will display the reserve of the source-token and total supply of aToken, has been deployed on the testnet and included an alert to Hurricane Team.

5. Final test for HurricaneSwap V2

Partnership, podcasts and AMAs

• Thanksgiving campaign
• Intro videos of HurricaneSwap made by Russian community:
• AMA Recap：BlockBeats | O3 Labs| Verso Finance

Upcoming

• HurricaneSwap V2 will be live soon!
• More features in V2: Cross-Chain LP Farm, sHCT, DAO…