HopProtocol
@HopProtocol
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Enabling trustless, safe, fast, and cheap cross-chain transfers for all. π° Hop onchain today.
Global
Joined January 2021
Hop V1 incentives are ending soon to pave the way for Hop V2 π° Remove your LP positions from the Hop V1 AMMs now to avoid having to wait a full 7 days to withdraw after V1 has fully wound down.
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Read this in blog post form here: https://t.co/lkZcylfIZd Dive into the Rails whitepaper: https://t.co/97NmWLQV3x We see a bright future for an Ethereum without fragmentation and we're here to build it. With love, the Hop team π«‘
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Hop has stayed dead focused on our mission -- driving the adoption of secure, trustless, and community-owned cross-chain infrastructure. Soon we will be launching Rails with a limited routes and bonders enabled. Over the coming months, we will be opening up all routes as well
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The Hop Hub is a rollup that acts as (you guessed it) a hub for cross-chain liquidity. Rails works with paths that connect any two given chains. A cross-chain transfer can seamlessly string together multiple paths to get the user to their desired destination. While any chain
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So how does it work? Rails enables users to settle directly with each other driving capital efficiency. The idea is simple. Each transfer sent includes data about transfers from the destination freeing them up as it's sent. A virtual AMM, requiring no external liquidity, sets
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Until now, interoperability has only been accessible to the largest rollups and assets. Railsβ efficiency, settlement dynamics, and permissionless nature open the door for a much longer tail of rollups and tokens to interoperate fostering a more interconnected Ethereum
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Speed and efficiency arenβt everything. We also need better cross-chain user experiences. Rails can be used to... π Bridge directly βΊ Settle intents π Enable chain abstraction Current cross-chain solver networks require solvers to fragment their liquidity across many
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Rails offers an alternative β a permissionless and trustless bridge protocol settled by users themselves. π‘ Rails achieves the best-case capital efficiency profile currently offered only by trusted bridges. πͺ Any token can be added permissionlessly without any liquidity
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Trustlessness and decentralization are losing in todayβs bridge landscape. Existing bridge designs all face the same capital efficiency bottleneck β message times. Trusted bridges win out on price with immediate message times, and trustless bridges have turned to less secure
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Day 15 of the L2BEAT Advent Calendar! πΉ @HopProtocol π - Liquidity Network that facilitates fast withdrawals and L2-->L2 token transfer via optimistic message passing. π§΅ Full summary below! π
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Categories like governance tools, cross-protocol innovations, and more await your ideas. Submit through the Hop DAO forum for a chance to receive a grant and help shape the future of Hop. See more information in the link below: https://t.co/zrKc62MdxA
forum.hop.exchange
The Hop DAO is excited to announce the renewal and redesign of its HOP Grants Program. With a budget of 2,250,000 HOP tokens, the Grants Committee has outlined a series of priority projects that will...
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The Hop DAO has revamped its Grants Program with 2.25M $HOP tokens! Developers, marketers, and community members are invited to submit proposals that enhance the Hop ecosystem. Priorities include Hop v2 enhancements, awareness campaigns & community tools π°
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The @arbitrum LTIPP is now complete π Users who earned an onboarding fee refund during the program can still claim it at any time! Thank you to everyone involved in the program.
Hop's grant from @arbitrum LTIPP has been claimedπ For the next 12 weeks, you can stake your ETH, DAI, & USDT LP tokens on Arbitrum to earn $ARB Hop users sending to Arbitrum will have 80% of their total onboarding fees refunded Thank you to the Arbitrum and Hop communities!
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Hop's grant from @arbitrum LTIPP has been claimedπ For the next 12 weeks, you can stake your ETH, DAI, & USDT LP tokens on Arbitrum to earn $ARB Hop users sending to Arbitrum will have 80% of their total onboarding fees refunded Thank you to the Arbitrum and Hop communities!
Hop's LTIPP proposal has passed @arbitrum governance π The 500k ARB will be used to enhance and expand the expansive Arbitrum ecosystem via Hop. A huge thank you to everyone involved!
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π° Hop aboard the cosmic cross-chain spaceship with Galaxy! Unveiling our cross-chain route from #EVM chains to Base, Linea, Arbitrum, and more, powered by @HopProtocol. π Leap effortlessly between chains and hop into the future of cross-chain connectivity! π
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Hop's LTIPP proposal has passed @arbitrum governance π The 500k ARB will be used to enhance and expand the expansive Arbitrum ecosystem via Hop. A huge thank you to everyone involved!
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If you thought fees for DAI were low before, think again! Bonder fees into AND out of @gnosischain are now lower than ever. Sometimes the slippage might even work in your favor π
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The #USDC bridge upgrade is now complete π USDC transfers on Hop now use @circle #CCTP. You can now send and receive native USDC on all supported chains! Happy hopping π°
The USDC bridge will soon be better than ever π Later this month, USDC transfers on Hop will use @circle CCTP while still giving users the same familiar Hop experience. β
Cheaper transfers β
Native USDC on every supported chain β
No slippage β
Easier migration to Hop V2
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