2021 is off to a great start on Bitcoin.com Exchange! We’ve kicked off this year with the recent launch of the Hydra coin. Hydra is an exciting new coin inspired by some of the most successful open-source projects in the cryptocurrency space.
Developed as a business-friendly blockchain with a powerful shared economy, Hydra emerged in response to the limitations experienced by the LockTrip project while expanding their business on the Ethereum blockchain.
With fixed transaction fees based in USD, businesses can more accurately forecast transactional expenses with Hydra when compared to existing cryptocurrencies. Hydra allows enterprise-level high-frequency users to transact quickly and efficiently with parallel transaction executions and wallet-level scalability.
Additionally, Hydra supercharges its ecosystem by incentivizing smart-contract creators with 50% transaction fee royalties. This means that all token transactions result in a $0.25 award for the token creator.
Excluding smart contract royalties, 100% of transaction fees are burnt, and Hydra’s proof-of-stake economy offers a minimum of 20% APY for stakers (300%+ at the time of writing).
We’re excited about Hydra, as this coin builds upon the best features of the Bitcoin, Ethereum, and Qtum blockchains. It offers unique economic features to incentivize stakers, business, and coin holders alike with unique rewards and a self-sustaining economy.
To learn more about Hydra, join the Hydra Community here.
Hydra is already trading on Bitcoin.com Exchange against USDT, so log in and begin trading today.