HurricaneSwap Bi-weekly Recap: Week 9&10

Hurricane Major News

Stats

  • $23,763,225 Total Value Locked (TVL, Peak Value)
  • $1,813,418.02 Daily Trading Volume (Peak Value)
  • 31,125 $HCT Holders
  • V1

3,368 Interactive Addresses

1,121 Actively trading users

  • V2

10,285 Interactive Addresses

8,970 Actively trading users

Product Updates

1. Launch HurricaneSwap v2

The HurricaneSwap v2 is launched, including a new swap router contract, HurricaneStation contract, single-token cross-chain contract, and a modified StakingReward contract (sHCT).

2. Update Relayer logic

The Relayer node now supports dynamic gas fee adjustment to avoid the failure cross-chain sync when the network is congested.

3. Update HurricaneAlliance arbitrage strategy

The arbitrage now happens between PancakeSwap and HurricaneSwap with a costumed stable coin arbitrage method in aCAKE/CAKE arbitrage and a better aUSDT/USDT arbitrage strategy that limits the price gap of aUSDT/USDT within 1%.

4. Update Proof of Reserve

The PoR now update faster. Before, the PoR used Binance Smart Chain Subgraph as the data source, but it delayed 1–2 hours frequently. Now a customed PoR subgraph is deployed to decrease the delay of the subgraph to 5–20 mins.

5. New Farm & Stake Mechanism

A new Farm front-end is launched, with re-named as Earn and including two sections: Farm & Pool, to recognize the single-sided pool and LP token pool easily. A new Stake page goes live, now users could stake their HCT to obtain sHCT (to receive WAVAX reward) and also deposit sHCT in Pool to receive HCT farming rewards.

Partnership, Podcasts and AMAs

Upcoming

  • CHRISTMAS and NEW YEAR are coming! We have gifts for you!
  • More features on V2: Cross-Chain LP Farm/Dual-reward Mining/DAO…

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1st Cross-Chain Liquidity DEX based on Avalanche https://hurricaneswap.com/

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HurricaneSwap

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1st Cross-Chain Liquidity DEX based on Avalanche https://hurricaneswap.com/

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