HurricaneSwap aggregates many public chains and establishes itself as a DeFi aggregator with a very clear ecological positioning.
HurricaneSwap is the first Avalanche-based cross-chain liquidity DEX. Users can trade popular assets from other chains without leaving Avalanche because of the innovative LP-Bridge mechanism. Additionally, HurricaneSwap leverages the benefits of Avalanche to give users a high-performance, low-slippage, low-cost, and seamless cross-chain trading experience.
Recently, Hurricaneswap announced the launch of its NFT platform, which is the first cross-chain marketplace and DeFi solution built on the Avalanche blockchain. Hurricane’s NFT marketplace enables users to trade NFTs on any network, saving significant time and fee/swapping fees. There will be a plethora of chains accessible, including Ethereum, Binance Smart Chain, Solana, Fantom, and Polygon.
HurricaneSwap is a set of asset cross-chain, trading, and arbitrage tools, which include a cross-chain bridge (Roke Protocol), a source chain assets’ station (HurricaneStation), and a verification node alliance (HurricaneAlliance), and a decentralized exchange (HurricaneSwap).
HurricaneSwap is an advanced cross-chain swap on Avalanche that combines great performance and cheap fees with a seamless user experience. It is aimed toward three primary properties.
Hurricane NFT (https://www.hurricanenft.io/) is the 1st DAO-based cross-chain NFT market & NFTFi platform on Avalanche.
The 3 main features are cross-chain NFT market, NFT Voucher, and NFTFi services such as NFT fragmentation, lending, and options.
By holding or staking Hurricane NFT governance token (NHCT), users can participate in the growth of Hurricane NFT and benefit from it, including fee discounts, dividends from platform fees, etc.
Their public sales proceeded on the following:
The total supply of HCT at launch will be fixed to 2,000,000,000. The planned allocation is as follows:
The founder Symington W. Smith graduated from Peking University with a bachelor’s degree and graduated from King’s College London, and is also a venture capitalist
HurricaneSwap recently raised a total of 3.6 million U.S. dollars in funding, with Avalanche’s official Asian industry fund AVATAR and LD Capital participating in initial rounds totalling over one million U.S. dollars and then raising over two million U.S. dollars. Along with seed investors AVATAR and LD Capital, numerous exchanges have their own investment departments, including Huobi Ventures, KuCoin Labs, PrimeBlock Ventures (MEXC Labs), and Gate.io Labs.
By delivering more different cross-chain assets, HurricaneSwap intends to attract more $AVAX holders and traders and therefore increase value in the Avalanche ecosystem. It will collaborate actively with exchanges and wallet service providers, beginning with DEX, and will expand into lending, insurance, asset management, and cross-chain IDO in order to accelerate the DeFi ecosystem on Avalanche, and increase capital inflows, and build a more prosperous DeFi ecosystem for Avalanche.
Find more information:
Website: https://hurricaneswap.com/
Twitter: https://twitter.com/HurricaneSwap
Telegram: https://t.me/HurricaneSwap
Discord: https://discord.com/invite/s2Y7wanVyQ
Medium: https://hurricaneswap.medium.com/
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
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