Hydra Chain

Hydra is an open-source Proof-of-Stake blockchain with a unique set of economic features, optimized for real-world businesses. It tackles some of the most profound and challenging issues with existing blockchain economies and introduces a truly shared economy with fair treatment to all network participants. It packs a unique combination of inflationary as well as deflationary mechanics as part of its economy that work in parallel and let the real adoption define its total supply.

The Hydra Ecosystem

Powerful Staking Economy

Hydra is a POS (Proof of Stake) blockchain. Everyone can become a full node [1] in a few clicks and stake HYDRA to help maintain the network. Stakers receive a high economic stream through block rewards, awarded by the blockchain. This ensures the chain is always well-protected against "51% attacks".

HYDRA has a unique staking economy [2] which guarantees fixed income to the stakers. Every block yields a pre-defined block reward, which can be adjusted by distributed governance proposals & subsequent on-chain votes. The more HYDRA you stake, the more frequent you will mine blocks. If the number of stakers decreases, then this will immediately increase the staking yield and therefore incentivize the deployment of new nodes by new stakers.

SHARED ECONOMY

Shared Economy Benefiting all Stakeholders

Hydra provides 50% gas royalties to smart contract owners. Developers/Projects receive 50% of the transaction fees whenever their smart contract is executed by a user. This unlocks a unique economy for DEX applications and DAPPs with high transaction volumes that are currently wasting this enormous economic stream.

TRANSACTION FEES

Fixed Transaction Fees & 100% Burn

The Hydra blockchain achieves transactional cost predictability through a stable gas price protocol. The gas price is governed by coin holders through a decentralized voting mechanism and is always set in fiat. An oracle monitors the price of HYDRA on exchanges and adjusts the fee settings dynamically. The result is a fixed price per transaction in USD equivalent, irrespective of the HYDRA rate, thus giving network participants and real-world business applications the stability they need.

100% Burn of all Transaction Fees

50% Royalty on Gas for Smart Contract Creators

Fixed Transaction Fees

ADAPTIVE SUPPLY, FIXED FEES

High Scalability, Smart Contract Compatibility and Democratic Governance

Through its multiple features, Hydra offers a complete solution for a healthy ecosystem. Its transactional capacity scales dynamically when needed, while a single wallet can execute thousands of transactions in parallel. Chain settings can be voted on by HYDRA holders, thus introducing high flexibility based on democratic principles - and the ability to adapt to changing environments.

Up to 540 TPS Elastic Capacity

EVM Compatible Smart Contract Platform

Wallet-Level Scalability

Unique Decentralized Governance Protocol

Projects Building on Hydra

Hydra Blockchain supports turing-complete smart contract functionality, which allows the execution of decentralized applications on-chain. Tokens and DAPPs building on Hydra profit from gas royalty of transaction fees (passive income).

Every project contributes to the transactional economy, increases the rate at which HYDRA are burnt and grows the overall size of the ecosystem.

Locktrip - LockTrip is a blockchain-based travel marketplace that allows users to save up to 60% on their bookings by cutting out middlemen. Every booking burns LOC proportionally to its booking value, continuously reducing its total supply.

GoMeat - GoMeat is a digital marketplace connecting consumers with specialty (halal & kosher) meat, grocery and restaurants. Providing lucrative discounts and same-day delivery since 2019, GoMeat is empowering local ethnic stores and providing convenience to customers. Enabling blockchain based specialty certifications to bring transparency and traceability to the industry.

Evedo

Evedo is a blockchain based platform, consisting of B2B & B2C Marketplaces. It unifies all businesses and participants involved in organizing events.

RezChain

Rezchain is the hotel distribution industry’s first functioning blockchain enabled technology platform allowing companies to share booking data “on the chain” in order to address mismatched information in real time.

Hydra DEX

Hydra DEX is the native decentralized exchange of Hydra chain, where various assets can be traded against each other through the setup of liquidity pools. Yielding trading fees to liquidity providers and Liquidity Mining Rewards.